It’s official: $17.4 billion of TARP money will be “loaned” to General Motors and Chrysler over the next three months, with the hope that these troubled corporations will restructure their debts and pull Nosferatu off their necks negotiate new deals… Continue Reading
In a previous post, I referenced a particular auction on questionably-legal but unquestionably-clever auction site Swoopo.com. The particular auction was for $1,000 cash. Well, it’s still running. Here’s what the auction looks like now:This is absolutely astonishing to me. The… Continue Reading
As I first saw yesterday on The Wife’s favorite site, the usually-amusing cakewrecks.com, the Outrage Of The Week comes from Greenwich, New Jersey, where Heath and Deborah Campbell have had to fight to get a birthday cake made for their… Continue Reading
The closest thing that exists in the world of litigation to a rule or statute banning the filing of frivolous lawsuits is Federal Rule of Civil Procedure 11. The reason that “frivolous lawsuits” are not banned is because that concept… Continue Reading
Mark Sanford is really becoming my hero. He’s turning into the leader of the anti-bailout, pro-fiscal responsibility and libertarian wing of the party, the one where I think the future lies and from which good policy will eventually emerge. Here’s… Continue Reading
Apparently, Treasury Secretary Henry Paulson didn’t get the memo: the people, particularly Republicans, are opposed to bailing out the auto industry. So since Republicans in the Senate did not cooperate with the Democrat-approved, Presidentially-sanctioned, bipartisan boondoggle bailout of the failed… Continue Reading
You can get pretty much anything on eBay. Including, until a little bit earlier today, an appointment to the United States Senate seat being vacated in a few weeks by President-elect Obama. Well, no, actually the auction was for a… 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