Senate Republicans finally found their vertebrae yesterday and refused to back the auto bailout bill. As a result, it failed. Wall Street is going to s-u-c-k suck today, but that’s okay. In their present form, the companies may not survive,… Continue Reading
When you go to the government for money, you have to expect that, even if you are successful, it will come with strings attached. As the President and Congress warm to the idea of a $15 billion auto industry bailout,… Continue Reading
Or at least, so says this year’s Nobel laurelate in economics. This despite a $15 billion life support program that is being thrown its way, despite the vehement objections of the voters, this blogger, and the dictates of common sense.… Continue Reading
Well, it won’t be just the Fish Wrapper but the entire Tribune Company that will file Chapter 11. It’s been a long time coming — the Fish Wrapper has suffered declining readership, serious editorial and business mismanagement, and a seeming… Continue Reading
Congress is elected separately from the President. For the most part, I think that’s a strength of the U.S. system of government. However, it comes with a significant drawback — there are now 535 dukes and barons running around who… Continue Reading
The CEO of Gulf Oil predicts that crude oil prices will fall to below $20 a barrel in 2009, which could result in a national average price for regular unleaded gasoline of less than a dollar a gallon. While that’s… Continue Reading
Megan McArdle describes the arising notion of raising tariffs to protect and grow the economy thusly: That it is stupid, does not mean that the government will not do it. No need to add much more to that!
When a vampire tells you, “I want to bite your neck and suck your blood so I can predate on you like I’ve been doing for years. But I promise that now I won’t take too much blood from you,”… Continue Reading
In California’s 4th Congressional district, Democrat Charlie Brown conceded a loss by about 1,300 votes to Tom McClintock. I’ve always like McClintock for his tough-as-steel stance against increasing government spending and fiscal responsibility. (The anti-abortion stuff, not so much, but… Continue Reading