Tag Archives: fat cats

Fannie Mae, Freddie Mac Fat Cats Slimmed

Executives at Fannie and Freddie made millions of dollars as they drove those institutions into bankruptcy and a massive taxpayer bailout. Taxpayers are on the hook for about $300 billion by 2014 to keep Fannie and Freddie afloat. Now the … Continue reading

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The Smothering Effect Of Government Regulation

On his radio show today, Dennis Prager talks to Iain Murray, Vice President of the Competitive Enterprise Institute. His new book is Stealing You Blind: How Government Fat Cats Are Getting Rich Off of You. Dennis: “What would happen to … Continue reading

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Federal Reserve Releases PSA About Wise Credit Card Use

The Federal Reserve wants to improve its image. Currently, people think about it as an agency that facilitates bailouts of fat cats on Wall Street. The Obama administration is more interventionist than the Bush administration. Even though the Fed is … Continue reading

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Bailing Out The Mortage Industry

The Los Angeles Times writes that there’s increasing pressure for the federal government to intervene even more to help out those who made bad decisions. Why can’t those people pay the price? Why should Joe Average have to subsidize the … Continue reading

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