Republicans have not only pledged to set Wall Street loose, they've vowed not to clean-up the economic mess that results. When Wall Street sets the economy on fire, they'll let it burn -- if that means home, your job, or your retirement, so be it.

UPDATE: President Obama vetoed the foreclosure fraud bailout this afternoon, but plenty of other battles are already raging. Rep. Alan Grayson, D-Fla....

If senior White House adviser David Axelrod's comments this weekend are any indication, the Obama administration is woefully misreading the foreclosure fraud crisis currently gripping the U.S. economy.

Fraud in the foreclosure process conceals a second, more massive fraud: the astonishing levels of mortgage fraud perpetrated by subprime lenders during the housing bubble.

JPMorgan Chase loves using its research department to push its agenda that puts them in the optimist camp. But take a look at their methodology. The scope of losses gets drastically larger if you change a few arbitrary assumptions.

It's somewhat astonishing that Treasury officials would be working to paint Warren as some kind of prima donna. These silly stories raise troubling questions about what they may be leaking with fewer fingerprints and greater ramifications.