Our View: Bailout risks, undermines contracts and markets
The editorial argues that a government mortgage bailout to freeze rates for some subprime borrowers may seem compassionate but creates market distortions. It warns of eroding confidence in contracts, prompting investor hesitancy and potential overseas shifts, while penalizing prudent borrowers and delaying housing sector corrections. It calls for letting market forces work with minimal intervention.
MENTIONED IN THIS ARTICLE
America
sThat’s
Bush
Treasury
Henry Paulson
John Berlan
Competitive Enterprise Institute
Washington Post
Berlau
Odessa Prize 1988 Winner Salter Publisher Emeritus
Salter, publisher emeritus, receives the Odessa Prize for 1988 amid honors marking his long career in journalism and literature. The award highlights his contributions to regional press and literary culture, with ceremonies noting decades of editorial leadership and public service.
Let peace begin with me newspaper credo message
A reflective statement promotes self control as the path to freedom. It extols freedom as a divine gift and links personal responsibility to moral guides like the Coveting Commandment the Golden Rule and the Declaration of Independence.
Romney confronts religion stance in speech at Bush Library
Romney argues religion anchors liberty and rejects a religious test for the presidency while attacking secularism and questioning freethinkers. He cites John Adams and quotes constitutional disputes to frame faith as essential to democratic life, drawing fire for exclusivity toward nonbelievers.
MENTIONED IN THIS ARTICLE
Mitt Romney
America
Romney
George H W. Bush
College Station
White House
John F. Kennedy
God
Cieties
John Adams
Senate
U.S
Germany
France
Norway
Democracies
Texas high schools show math science gains without new money
Guest columnist Jamie Story notes Texas ranks 38th in math on the SAT and only 41 percent of ACT-tested students are ready for college algebra, yet a Texas Public Policy Foundation report highlights schools improving math and science through efficient practices. These schools spend 16 percent less per student, allocate 68 percent to classroom instruction, favor slightly larger classes, offer teacher stipends, emphasize TAKS prep, boost parental involvement through online progress tools, and benefit from magnet programs. No new laws or agency changes are needed.
MENTIONED IN THIS ARTICLE
Jamie Story
Texans
Texas
Texas Public
Texas Public Policy Foundation
Kerr High School
Houston
Health Careers High School
San Antonio
Schools of
Texas Education Agency
Story
Austin
VFW Donates Bingo Proceeds to Odessa High Soccer Boosters
Community note credits the VFW with donating bingo proceeds to Odessa High School girls soccer booster club. Letter suggestions invited via email at freedom.com with a thumbs nomination indicating topic ideas for current discussions.
MENTIONED IN THIS ARTICLE
VFW
Odessa High
Freedom.com
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Pat
Odessa
Bill, Salter
Freedom Communications
Cho. Patrick Canty
Laura Dennis
EN Brodnax Editorial
Spage Editor
Stiephen Chapman
Chapman
The
Chicago Tribune
Realclearpolitics.com
Romneys
Europe
Massachusetts
John Branch