The Republicans who voted against the Paulson plan may have been responding to their grass roots constituency who opposed the “bailout”. It is likely that their constituents do not understand that this is a liquidity crisis first and a bailout
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from Kyle-Anne Shiver (see recommended sites)- “After several days of rage from conservative activists regarding a provision in the bailout bill that would send some of the profits from the sale of distressed assets the goverment buys into an affordable
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Obama’s search for an economic scapegoat either belies his utter economic ignorance or only seeks to manipulate the crisis for his political gain; a task the larger media is only too willing to assist. His latest attempt is to blame
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Americans cherish their rights yet we understand these rights have limits. Freedom of religion does not permit polygamy or animal sacrifice. Freedom of speech does not include public obscenity or hate speech. The right to bear arms does not allow
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This is a doughnut from Voodoo Donuts in Portland, Oregan. Does it seem a bit racist?
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While I have been critical on the Couric and Gibson interviews with Sarah Palin, I can not ignore her awkwardness in many of her answers. Palin seems to have a short list of typical Republican talking points that she uses
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Kyle-Anne Shiver’s blog has three videos on the Fannie Mae Crisis, and if anyone is uncertain on the origin these should clarify it tremendously. View all three at http://www.kyleanneshiver.com/ Also view this Fox News piece http://www.youtube.com/watch?v=cMnSp4qEXNM . If the general
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While I may be starting to sound like a broken record on the background of these major failures on Wall Street, there is a greater failure in our national media. The frustration so many feel over this financial mess is
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At the crux of the credit crisis is the fact that bad loans were made to people to buy houses they could not afford. I blame the Congress for seeking to suspend sound banking practices to achieve the political goal
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With the significant decline in property values that are certain to spill over into tax assessments, we can surely expect local millage rates to increase at a time when incomes are faltering. A property tax payer would be wise to
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from the National Review Online September 25, 2008 2:00 PMThe Tyranny of Good IntentionsBilling day.By Alex Castellanos Excerpts And it’s Republicans who are bringing back the Era of Big Government. The New Deal set off a trend of higher taxes
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Leaving Nashville and the wonderful Hermitage Hotel On Tuesday I lucked onto the Senate Banking Committee Hearing with Bernanke from the Fed, Paulson from Treasury and Cox from the SEC. The entire meeting was broadcast on Sirius from Bloomberg, uninterrupted
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from Jeff Jacoby at the Boston Globe Seeing through Obamanomics By Jeff Jacoby Globe Columnist / September 14, 2008 Taxation is not generosity, it is confiscation at gunpoint. Does Obama not understand the difference? Perhaps he doesn’t. Eager though he
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by Henry Oliner Today DayJet suspended its operation out of Macon, claiming it could not get the operating capital it needed. Bill Heard closed all nine of its dealerships, including 4 in the Metro Atlanta area, unable to get GMAC
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On Monday September 15, the Dow dropped 504 points. Being the contrarian that I am I predicted on this blog at the end of that day that the week would end higher than it started. On Tuesday it gained 141,
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Zogby in his great book, “The Way We’ll Be” observes that how you categorize the voters can clarify the results of polling tremendously. While the common media still clings to old perceptions of race and sex, people today think in
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From John Zogby’s “The Way We’ll Be” “The road to hell is paved with sterotypes. To cite one example, Christian conservatives, especially those under thirty, have moved far beyond their putative spokesmen on issues such as stem cell research, global
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from Douglass Ott’s “Yes and Not Yes” (see recommended sites) A Failure of Corporate Governance Published by Doug on September 17, 2008 in Corporate Governance and Law. 1 Comment Writing about the failed financial institutions, Carl Icahn feels “it is
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Pollster John Zogby’s new book, “The Way We’ll Be” is loaded with interesting insights to America’s voting and buying patterns. “In 2004, when John Kerry lost the popular vote by only 3%, he lost among weekly Wal-Mart shoppers by a
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Another reason to be concerned about government controlled health care: from American ThinkerSeptember 14, 2008Oregon’s Suicidal Approach to Health CareBy Rita L. Marker excerpt Oregon seems to have found a surefire way to lower health care costs: Tell the patient
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