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Donald Lambro

Americans Lack Trust in Government, and in Each Other

Donald Lambro,  America is in trouble. Economically, politically, socially, racially and institutionally. The Federal Reserve flatly refused this week, for the umpteenth time, to hike interest rates because of the still-fragile nature of President Obama’s very weak economy. It is barely growing at a mediocre rate of little more than 1 percent. Business investment is

Another housing bubble is growing in Obama’s economy

Donald Lambro,  Economist Peter J. Wallison, who lobbed a blistering attack on the government’s Financial Crisis Inquiry Commission’s findings, says another housing bubble is looming on the horizon. While the 2007-08 subprime mortgage collapse has receded and the housing industry is making a comeback of sorts, Wallison is warning Washington that the blunders of the past are being repeated