82°F
weather icon Clear
Bail me out

Responsible voices have been warning for years that mortgage giants Fannie Mae and Freddie Mac held massive unwieldy portfolios of mortgages — almost half the nation’s mortgage debt — while required to keep capital reserves of only 2.5 percent (compared to a normal bank’s 10 percent), leaving them highly vulnerable to any reversal in real estate prices.

The Mouth That Soars

Sen. Joe Biden tends to talk a lot. And he has a penchant for making things up.

THE LATEST
Races by the numbers

Nevadans are being bombarded with frequent phone surveys these days. Most of them are designed to figure out that presidential race, but some are efforts down ticket to push and pull the electorate.

Federal land transfers

The valley’s lousy economy is no excuse to stop planning for Southern Nevada’s future prosperity. The key to that planning is making better use of the vast tracts of barren desert managed, at your expense, by the federal government.

Free market schooling outdoes compulsion

Would a free market in schooling — one free of “intrusive regulation of the curricula, methods, and personnel decisions” of the schools, one in which schools compete for the tuition money of parents exercising free choice over where to send their kids — produce better results for America?

Be ‘patriotic’: pay more

Leave it to Old Senate Hand Joe Biden to inject some much-needed honesty into an increasingly deceitful presidential campaign.

On the prowl

Those seeking to control mosquito-borne diseases have come up with a clever strategy.

Pension reform

How ironic that taxpayers’ new best friend in the politically impossible task of reforming public employee pensions is none other than the tax man himself.