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Banking on brains and something else - Monterey County Herald
When I started covering the White House more than 50 years ago, I believed that the smarter a president was, the better he would be. That was wrong. Lyndon Johnson and Ronald Reagan were certainly not intellectuals, but they knew how to impose their ...

Obama's Stimulus Package: How Big? Schumer Floats $500-700B - ABC News Blogs
President-elect Barack Obama is pushing Congress for a robust economic stimulus package he can sign into law in January. But the question is: how big? In an interview on "This Week," Joint Economic Committee chair Sen. Charles Schumer, D-NY., told ...

Obama, McCain Contemplate Running Mates - ABC News
But selecting a pick solely because he brings foreign policy heft could backfire, by conceding the Republican point that Obama needs shoring up on foreign policy, a deficit that could easily be addressed with any of those men named as Cabinet choices ...

The Madness of Crowds - Commentary Magazine
Fueled by easy credit, the real-estate market had been rising swiftly for some years. Members of Congress were determined to assure the continuation of that easy credit. Suddenly, the party came to a devastating halt. Defaults multiplied, banks began ...

Obama Right to Reassure Wall Street Markets With Rubinauts But Also ... - Huffingtonpost.com
It's been a perplexing week for progressives watching President-Elect Obama appoint his top economic advisors. There's no question that they are a brilliant, accomplished, competent group who have reassured financial markets and a worried nation that ...

Volcker will head new Obama board - Politico.com
President-elect Barack Obama on Wednesday will announce the creation of a president’s Economic Recovery Advisory Board, chaired by former Federal Reserve Chairman Paul Volcker, to provide outside advice from heavyweight thinkers, officials said ...

How About Let's Not Demagogue The Auto Industry Crisis? - Nation
Michael Scherer over at Swampland writes today about what a swell idea it would be to have Mitt Romney, who has been demagoguing the auto industry crisis, as "auto czar."  (Mitt's dad was head of an auto maker that is no longer in business, I guess ...

NISKANEN: To rebuild the GOP - The Washington Times
GETTY IMAGES Former Speaker of the House Newt Gingrich, Georgia Republican, talks to reporters after a news conference in the U.S. Capitol in August. Mr. Gingrich reportedly will not be the next GOP national chairman, despite his name being ...

Obama Will Spend over $3 Trillion on ECONWAR! Fire and Penalize the ... - OpEdNews.com
Penalize Bank Oligarchs to Help Cover the $3 Trillion or More Obama Will Be Spending On His EconWar 1) yes, I think we are at war. This is a war not unlike we've fought in Iraq, where the enemy is within our country. These agents of the enemy, many ...

House Race Update: Ohio Sup. Ct. to Rule on Franklin County Votes - ABC News Blogs
ABC News' Teddy Davis and Arnab Datta Report: A federal appeals court ruled Tuesday that the Ohio Supreme Court -- and not a federal district court -- is the proper forum to decide how approximately 1,000 challenged provisional votes should be ...

Today's Mortgage Terms starting with O

Origination Fee: Fee charged by a lender for administrative costs of processing a loan. It tends to includes the cost of preparing loan documents, checking the borrower's credit history, inspecting the property and might incorporate the cost of appraisal.

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