IN OUR VIEW on IndyMac meltdown and lessons
The column argues IndyMac Bank failure stemmed from federal deposit insurance incentives and moral hazard, not Schumer’s letter alone. It highlights Alt-A and brokered deposits, FDIC rates, and calls for less government involvement, stricter regulation, and better capital discipline to prevent further bank failures.
MENTIONED IN THIS ARTICLE
IndyMac Bank
Los Angeles
United States
New York
Charles Schumer
Senate Banking, Housing and Urban Affairs Committee
IndyMac
Schumer
Sen. Schumer
Federal Deposit Insurance
Federal Deposit Insurance Corp
FDIC
Federal Reserve
Lawmakers and Federal Offices Contacts Listed
U S representatives and senators from Texas outlined with office addresses in Midland Odessa and Washington D C. Conaway Cornyn Hutchison provide district and Senate contact details including office locations and phone numbers for communication with constituents.
MENTIONED IN THIS ARTICLE
U.S
Mike Conaway
Midland
Cannon House
Washington
D.C
Fox
W. Eighth St
Odessa
Desta Drive
John Cornyn
Hart Senate
Kay Bailey Hutchison
Russell Senate
Washington, D.C
Editorial on Freedom and Self Control in Odessa
The piece argues freedom is a divine gift and personal self control enables full human development. It states freedom is not a political grant from anarchy but a moral duty aligned with the Coveting Commandment, the Golden Rule, and the Declaration of Independence.
Obama’s shifting Iraq course and the 2010 pullout goal
Stephen Chapman argues Obama has repeatedly altered his stance on Iraq from early withdrawal promises to a 16 month timeframe after taking office. The piece contrasts Republican critique with Obama’s consistency on phased withdrawal and links his Iraq focus to Afghanistan strategy, noting McCain’s cautions and Mullen’s calls for reduced Iraq forces before boosting Afghanistan.
MENTIONED IN THIS ARTICLE
Barack Obama
Iraq
Obama
John McCain
American Spectator
John Kerry
McCain
Massachusetts
Taliban
Afghanistan
al-Qaida
bin Laden
Pakistan
Adm
Michael Mullen
Joint Chiefs of Staff
Solutions to high costs take time by Sam Jones
Texas faces persistently high energy costs as population growth boosts demand for gas and electricity. The column argues for informed debate, infrastructure investment, and a broad, balanced energy portfolio, highlighting Power Across Texas as a forum for objective discussion and outlining the need for transparent policy considerations before decisions.
MENTIONED IN THIS ARTICLE
Sam Jones
Texas
Congress
India
China
Austin
Washington
Power Across
Power
Jones
The
Electric Reliability Council of Texas
Power Across Texas
Midland RockHounds Pitchers Named to Olympic Baseball Team
Two RockHounds pitchers, Trevor Cahill and Brett Anderson, receive U S Olympic baseball team selection. Readers invited to send opinions both for and against current topics via email, with a thumbs nomination noted.
MENTIONED IN THIS ARTICLE
Midland RockHounds
Trevor Cahill
Brett Anderson
U.S
Also Mentioned on This Page
da EL Ae
Thea
Dore
Oaoa.com
Patrick Canty
Laur den
Ken Brodnax
John Trewer
Renegor
NAFTA
Walfare
Tuk
Fisa Bik
Pont Renngotate Nafta
Stephen Chapman
Chapman
Chicago Tribune
Foxnews.com
Freedom.com