Biden Fires ‘Independent’ Social Security Administrator

President Trump’s destruction of longstanding norms continues under his successor.

A Booming Jobs Market For February

A better than expected jobs report for February, but wage growth slowed for the month.

Congress, Insider Trading, And The 2008 Financial Crisis

More evidence of the extent to which Members of Congress have profited from the inside information they receive.

Romney Fights, Gingrich Falters In Final Florida Debate

It was another big night for Mitt Romney. A night that may just have helped him lock up the Florida Primary.

The Presidency That Republicans Would Rather Forget

The Republican candidates for President have apparently forgotten that this guy was their party’s nominee twice.

Hank Paulson, The Bush Treasury Department, And Crony Capitalism

Guess who got advance warning of government actions on the eve of the 2008 financial crisis?

Looking at the Causes of the Financial Crisis

Can we credibly blame the CRA, Fannie Mae/Freddie Mac, and the like for the mortgage crisis?

Bloomberg: Don’t Blame Banks for Mortgage Crisis

Did Congress cause the mortgage crisis by mandating loans to poor people? No.

Bailing Out Underwater Mortgages

Ronald Reagan’s chief economist has a radical plan for solving the housing crisis.

#OccupyWallStreet: A Protest, Or A Temper Tantrum?

The Occupy Wall Street protests look more like a temper tantrum than a substantive protest movement.

Republican Congressman Takes on Grover Norquist

Congressman Frank Wolf (R-VA) took to the floor yesterday to lambaste Grover Norquist and his influence over the GOP.

Pawlenty-Bachmann War Heats Up

The two Minnesotans in the Presidential race are starting to trade barbs.

Barney Frank Revises History

Greg Mankiw notes a curious revisionism in Barney Frank’s pronouncements on Fannie Mae and Freddy Mac.

House Republicans Unveil Underwhelming “Pledge To America”

In 1994, it was the Contract With America. In 2010, it’s the Pledge To America. But does it really mean anything regardless of what it’s called ?

The Definition Of Insanity: Real Estate Edition

Lenders and Borrowers seem poised to make the same mistakes that brought about the last Housing Bubble all over again.

Repeating History

Breaking the Bank

Krugman on Lehman