The Last Trillion-Dollar Commitment
The Destruction of Fannie Mae and Freddie Mac
By Peter J. Wallison, Charles W. Calomiris
Posted: Tuesday, September 30, 2008
The government takeover of Fannie and Freddie was necessary because of their massive losses on more than $1 trillion of subprime and Alt-A investments.  [Full Story]

Deregulation Not to Blame for Financial Woes
By Peter J. Wallison
Posted: Tuesday, September 30, 2008
Barack Obama's claim that the financial crisis is due to Republican deregulation depends on ignoring several important facts.  [Full Story]

Suspend Mark-to-Market Now!
By Newt Gingrich, Emily Renwick
Posted: Tuesday, September 30, 2008
The Securities and Exchange Commission should suspend mark-to-market accounting.  [Full Story]

Leaders without Followers
By Lawrence B. Lindsey
Posted: Monday, September 29, 2008
The government-bailout plan will receive little support until the public finds the benefits in it for them.  [Full Story]

A Response to Lawrence Summers
Letter to the Editor
By Desmond Lachman
Posted: Monday, September 29, 2008
The damage to the public finances resulting from the financial crisis will require the scaling back of aspirations in other areas of fiscal policy.  [Full Story]

Uneasy Street
By Karlyn Bowman
Posted: Monday, September 29, 2008
Polls reveal a deep ambivalence about Wall Street, which may be shaping public reactions to today's financial crisis and the Treasury's rescue plan.  [Full Story]

Magic Ring to Save Us May Be Accounting Overhaul
By Kevin A. Hassett
Posted: Monday, September 29, 2008
The financial crisis is beginning to feel a lot like the "Lord of the Rings."   [Full Story]

This Economic 9/11 Could Mark the End of U.S. Dominance
By Anne Applebaum
Posted: Monday, September 29, 2008
The financial crisis has divided Americans--immediately and bitterly.  [Full Story]

Inflection Point?
By Michael Barone
Posted: Monday, September 29, 2008
Voters tend to consider only the history they know. They might do well to look back a little further.  [Full Story]

Panic
By John H. Makin
Posted: Friday, September 26, 2008
There is a simple solution to the housing-bubble problem that lies behind the current panic: an institution that makes a mortgage loan should be required to keep that loan on its balance sheet.  [Full Story]