Posted in Current Events, Politics on Oct 13th, 2008 Comments Off
I think it was Woody Allen who once observed (and I’m not sure in what film) that everybody in the world is insane except you and me — and I’m starting to have my doubts about you. Well, it’s official.
And in honor of these strange days, I am adding Big Lizards to my blog roll […]
Posted in Current Events, Politics on Oct 3rd, 2008 Comments Off
William M. Isaac, chairman of the FDIC from 1981 to 1985, also thinks the current bailout is unnecessary. He thinks the current crisis can be calmed instead by “regulatory actions” that would not require a “raid” on taxpayer’s money. In his article, A Call To Arms, he writes:
In my view, if the FDIC were to declare […]
Posted in Current Events, Politics on Oct 2nd, 2008 Comments Off
Robert Tracinski has a great article on the current bailout bill at RealClearPolitics.com.
And, here’s another good article, here, on the roots of the crisis, by Michael Flynn at Reason.com.
I heard a sound byte of Paulson the other day addressing Congress about how the problems of our system were created by everyone, how we all played […]
Posted in Current Events, Politics on Sep 29th, 2008 1 Comment »
Well, the bailout failed and the politicians are still playing the blame game. Both camps will regroup and try again after the Jewish New Year holiday. And, in the meantime, the Wall Street whiners are very, very nervous.
There were a lot of reasons that Congress could not pass the bill, and I was extremely pleased […]
Posted in Current Events, Politics on Sep 26th, 2008 1 Comment »
More of the Austrian School’s take on the current crisis in this article by Llewellyn Rockwell, Jr., Bush the Socialist Destroyer. Rockwell writes:
And here is his [Bush’s] description of the grave calamity we face:
As uncertainty has grown, many banks have restricted lending, credit markets have frozen, and families and businesses have found it harder to […]
Posted in Current Events, Politics on Sep 24th, 2008 No Comments »
The U.S. is on the brink of perhaps the greatest depression the world has ever known, and I get the feeling that no one in charge has any real understanding of what’s happening or how we got here. It’s as if the politicians really believe money can just be printed and spent and promised away […]
Posted in Current Events, Politics on Sep 4th, 2008 No Comments »
Gov. Sarah Palin delivered a historic speech tonight addressing the GOP as Sen. John McCain’s VP nominee. Anyone who watched her tonight wondering if she was qualified for the job had to give her kudos for her poised delivery, her dead-on attacks on Obama, her tenacity, and her political savvy. She pitched a shut out. […]
Posted in Current Events, Politics on Sep 1st, 2008 No Comments »
By picking Alaska’s governor, Sarah Palin, as his running mate, McCain has regained maverick status and proved he is serious about being a fiscal conservative. He has chosen, as the Wall Street Journal editors call it, the “Reform Ticket.” Yes, the pick was certainly in part a political ploy to draw attention to a lackluster […]
Posted in Philosophy, Current Events, Politics on Aug 29th, 2008 No Comments »
I didn’t watch all of the Democratic National Convention — yawn — but I saw enough to know I didn’t miss anything. I heard Ted Kennedy’s speech, as well as Michelle Obama’s and Barack’s, and my initial response to all of it is this: What a sham. These clever Dems know exactly what and what […]
Posted in Current Events, Politics on Aug 2nd, 2008 No Comments »
LGF muses if this is the most sarcastic political ad ever. No doubt. I never thought I’d see Charleton Heston as Moses in a political ad, especially used as humor from the Right. This is McCain taking a direct hit on Obama’s uncanny ability to charm and mesmerize his audience in demigod-like fashion. Even […]