The article argues that government policies, particularly through Fannie Mae and Freddie Mac, played a central role in the 2008 financial crisis by incentivizing risky lending practices through implicit taxpayer guarantees. It highlights how the Community Reinvestment Act created market distortions, over-leveraging risks, and advocates for comprehensive reform. The author calls for privatization, stronger capital standards, transparency, and the removal of government guarantees to prevent future crises, emphasizing that only responsible, market-based reforms can protect taxpayers and ensure financial stability.
May 29, 2025 6:15 amThe 2025 Conservative Political Action Conference in Hungary begins in Budapest on Thursday.While organizers claim it will celebrate the “Age of Patriots,” the conference’s main effect will be to lend powerful political cover to Communist China’s favored European coll...
The article discusses how the proposed “big, beautiful” tax bill aims to democratize charitable giving by introducing an above-the-line deduction for non-itemizers, potentially increasing overall donations. It also examines changes to foundation taxes, the motivation behind these reforms, and their implications for philanthropic organizations and civil society in the United States.
The United States announced plans to aggressively revoke visas for Chinese students, especially those connected to the Chinese Communist Party or studying in critical fields, escalating tensions with Beijing. China criticized the move as politically motivated, and experts warn it could damage bilateral relations and impact international student exchanges. The policy reverses previous efforts to foster educational and cultural ties, risking further deterioration in US-China relations amid ongoing geopolitical rivalry.
COMMENTARY I grew up in what many people would consider a cult. Compared to that, Americans still have freedom Former US President and Republican presidential candidate Donald Trump dances onstage after his speech during a campaign rally at the PPL Center in Allentown, Pennsylvania, on October 2...
President Donald Trump’s refugee policy reminds me of what automaker Henry Ford supposedly said about his company’s Model T: “A customer can have a car painted any color he wants as long as it’s black.”So it is with the Trump administration’s policy toward refugees who are fleeing war...
By Amanda M. Castro is a Newsweek Live Blog Editor based in New York. Her focus is reporting on U.S.
