To the Point
Another White House Challenge with No Good Options
Barack Obama's hand-picked commander of troops in Afghanistan has apologized for trashing the President in Rolling Stone magazine. Should the Commander in Chief fire General Stanley McChrystal for disrespect and insubordination or keep him on board as too important to let go? Also, Fannie Mae and Freddie Mac are now fully owned and operated by the federal government, at a possible cost of $389 billion. Can US taxpayers afford to continue subsidizing home ownership, a federal policy since 1938?
Barack Obama's hand-picked commander of troops in Afghanistan has apologized for trashing the President in Rolling Stone magazine. Should the Commander in Chief fire General Stanley McChrystal for disrespect and insubordination or keep him on board as too important to let go? We hear about McChrystal's insubordination and his possible future. Also, Fannie Mae and Freddie Mac are now fully owned and operated by the federal government, at a possible cost of $389 billion. Can US taxpayers afford to continue subsidizing home ownership, a federal policy since 1938?
Banner image: In this White House photo, President Barack Obama (L) meets with General Stanley McChrystal, Commander of US Forces in Afghanistan October 2, 2009 on Air Force One. Photo: Pete Souza/White House via Getty Images
In this episode
2 storiesMcChrystal Gets Called to Washington
The latest Rolling Stone magazine calls the President’s top commander in Afghanistan " The Runaway General ." In a lengthy story, it reports that Stanley McChrystal, "has seized control of the war by never taking his eye off the real enemy: the wimps in the White House."
Read the story23 minCan We Afford to Rescue Fannie Mae and Freddie Mac?
Fannie Mae and Freddie Mac were established to promote the American dream of home-ownership, by subsidizing mortgages backed by the federal government. When the housing bubble burst two years ago their risky loans left taxpayers on the hook for nearly a half-trillion dollars.
Read the story27 min