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The Fall of the Empire
The BBC has an article regarding Fannie Mae and Freddie Mac. While this article’s slant is ridiculous at best, it does paint a great picture of what happens when governments artificially create a market. The US government artificially created a market of lower (than commercial banks can offer) interest rate mortgages, artificially inflating the mortgage […]
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McCain Sets Goal of 45 New Nuclear Reactors by 2030
The New York Times has an article describing John McCain’s Energy Policy. He stated he wants 45 new nuclear power plants built by 2030. First a little history on nuclear energy. Nuclear energy is the safest, cheapest way to power this country. It is cleaner than coal, gas, and oil. It is cheaper than solar […]