Here’s what we’re working on for the weekend:
So corporations and unions are short on opportunities to sway elections? Radio and television aren’t saturated enough with vicious hit jobs on the candidates they oppose? Such is the logic of the U.S. Supreme Court, which shook decades of seemingly settled law Thursday by striking down crucial limits on corporate “campaign speech” – i.e., campaign spending.
The Goldilocks strategy isn’t working for the American housing market. The Obama administration, in an attempt to provide neither too much nor too little help for homeowners faced with foreclosure, may have done more harm than good. Having inserted itself in the mess, the federal government is now in for a penny, in for a pound. One starting point for policy fixes is a new report issued by a group of state attorneys general and banking regulators.