As whispers became shrill rumors of a Greek default last week, it became clear that the Federal Reserve was going to “inject liquidity” into the French banks that could not find overnight funds on the open market. Markets are disciplined. The Federal Reserve magic money machine is not. When the market decided the three French banks were over-extended in Greece, and loaning them money was | Read More »
As Perry solidified his lead for the GOP nomination, the opposite has happened to “the One,” who, in short, has become obviously and glaringly undone — in a way that has been so dramatic that even the main stream media cannot ignore it, downplay it or talk around it. Basically, if there is a credible pollster, Obama has hit that pollster’s all time low, including | Read More »
WaPo is reporting on the widely circulated quote from House member Van Hollen that the Dems still consider reconciliation an option. The House Member talking about a procedure used in the Senate to avoid a 60 vote threshold is, well, you know — not credible. I know Van Hollen was a Senate staffer, which gives him enhanced credibility to make this threat, but he is | Read More »
RealClearPolitics has the key parts of Dodd’s statement in a video clip here and CBS News reports the Trillion Dollar President’s approval rating has hit a new low — 46%. Senator Dodd (D-CT) gives his normally rambling comments, among them: “If this is all about surviving politically, then we’re missing the whole purpose of what we’re supposed to be doing,” which is ironic and easy | Read More »
The reason that health care reform has previously never passed, is that the smart Democrats stopped themselves when the political costs of health care reform were weighed against their gains. But Crusaders do not measure the costs. They fight until they and all around them die. And the leaders of the Crusaders tell their own — ignore the costs! We must! We must! We must | Read More »
![[RS]](/t/img/logo-footer.jpg){kind=logo}