The federal Equal Employment Opportunity Commission recently sent a letter claiming it is illegal for employers to have a high-school diploma requirement if an applicant who is learning-disabled was unable to graduate from high school. The EEOC’s letter radically stretches the concept of…
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lidongyus commented on Hans Bader's blog post 'Financial Experts Say Obama's "American Jobs Act" Is Disappointing and a Dud'
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lidongyus commented on Hans Bader's blog post 'Senate Democratic Leader Says Unemployment Not a Problem Except for Government Employees'
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11 More Solyndras?
CBS News recently reported that there are 11 more Solyndras in the Obama Administration’s green-energy program:CBS News counted 12 clean energy companies that are having trouble after collectively being approved for more than $6.5 billion in federal assistance. Five have filed for bankruptcy: The junk bond-rated Beacon, Evergreen Solar, SpectraWatt, AES’ subsidiary Eastern…See More
Blog post by Hans Bader
Fannie Mae and Freddie Mac Helped Cause the Mortgage Crisis, and Affordable-Housing Mandates Aggravated the Problem
In a January 4 letter in The New York Times, I noted the role played by the government-sponsored enterprises, Fannie Mae and Freddie Mac, in spawning the financial crisis and burdening taxpayers to the tune of hundreds of billions of dollars. Those two mortgage giants bought up risky sub-prime mortgages partly in order to…See More
Blog post by Hans Bader
Blog post by Hans Bader
Blog posts by Hans Bader
Fannie and Freddie Were Into Subprime Mortgages, and Lied About It
“One of the regular claims from Fannie Mae and Freddie Mac apologists . . . is that the two entities were blameless” for causing the mortgage meltdown and financial crisis, as these two “Government-sponsored enterprises” (GSEs) supposedly “weren’t involved in subprime” mortgages and were forbidden to buy them.…See More
Blog post by Hans Bader
Crushing Student Loan Debt for "Educations" That Teach No Useful Knowledge
Student loan debt is rising at an ever-increasing rate, as an illustration at the Daily Dish shows (at this link). A college tuition bubble has driven up tuition at a far faster rate than housing prices ever rose during the…See More
Blog post by Hans Bader
Hans Bader's Blog
Obama Seeks $1.2 Trillion Increase in National Debt Ceiling; Wasteful Spending Has Skyrocketed
President Obama formally notified Congress last week of his intent to raise the nation’s debt ceiling by $1.2 trillion. Congress will have 15 days to say no before the nation’s debt ceiling automatically is raised from $15.2 trillion to $16.4 trillion.
The…
ContinuePosted on January 18, 2012 at 9:45pm
Obsession With "Self-Esteem" Harms Student Achievement
Two politically-correct notions have harmed our schools: the belief that inflated, unearned self-esteem is a good thing, and the belief that money without accountability will improve our schools. The Washington Post reports on the failure of self-esteem to improve educational achievement: “For decades, the prevailing…
ContinuePosted on January 18, 2012 at 9:42pm
Judge Criticizes Law Schools for Pursuing Irrelevant Fads Rather Than Teaching the Law
A prominent federal judge has added to the growing chorus of criticism for American law schools and their failure to provide practical training for their students despite charging exorbitant tuition:
ContinueJudge José Cabranes of the U.S. Court of Appeals for the 2d Circuit . . .noted that law schools are in “something of a…
Posted on January 18, 2012 at 9:39pm
11 More Solyndras?
CBS News recently reported that there are 11 more Solyndras in the Obama Administration’s green-energy program:
ContinueCBS News counted 12 clean energy companies that are having trouble after collectively being approved for more than $6.5 billion in federal assistance. Five have filed for bankruptcy: The junk bond-rated Beacon, Evergreen Solar, SpectraWatt,…
Posted on January 15, 2012 at 10:41pm
EEOC Claims High-School Diploma Requirement Is Biased; Obama Administration Harms Small Business
Posted on January 13, 2012 at 10:51am
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