Thomas Peterffy is the founder of Interactive Brokers, an online brokerage firm. But he wasn’t always. In 1956, Thomas Peterffy, unable to speak English, fled Hungary as the Iron Curtain was lowering on Eastern Europe. By the time Peterffy left Hungary, the communists were in charge. Around 350,000 people, many intellectuals and politicians, were purged by the communists. In 1956, Hungary went through a revolution | Read More »
Instead of fostering democracy, the Obama regime has carried out a strategy of appeasement when confronted with opposition from totalitarians. Vladimir Putin has effectively broken Obama to his will and Obama and Ukraine is about to be drawn into Russia’s orbit.
Every campaign involves strategic choices about where to attack your opponent. One of the major points of attack leveled by the Obama-Biden campaign against Mitt Romney is the Democrats’ claim that the Romney-Ryan tax plan would raise taxes on the middle class. There is evidence that this attack has done a good deal of damage to Romney, but it is beginning to look as if | Read More »
We can statistically quantify “Too Big To Fail” in a number of different ways. George Will of the Washington Post is man familiar with the uses (and perhaps the nefarious uses) of quantitative data. He tells us 5 banks hold assets equal to 60% of the GDP. The top 10 banks hold 61% of all commercial banking assets; they only had 26% 20 years ago.
Will’s basically Conservative bent leads him to not be fond of the Dodd-Frank Act inflicted upon American Industry by the current Obama Regime. I certainly agree and sympathize with this point of view. However, not liking Dodd-Frank is one thing, getting rid of it and the systematic problems that made its overreach tenable is a taller order than merely quantified complaining. To actually dismantle the TBTF Empire and the implicit guarantee it enjoys via Dodd-Frank, it may help us to indulge in some Presidential History involving too great men. President Andrew Jackson foresaw and attempted to prevent this problem. President Theodore Roosevelt solved TBTF in some industries other than banking.
Because first it’s writing things like this: “Most of the arms shipped at the behest of Saudi Arabia and Qatar to supply Syrian rebel groups fighting the government of Bashar al-Assad are going to hard-line Islamic jihadists, and not the more secular opposition groups that the West wants to bolster, according to American officials and Middle Eastern diplomats,” and then it visibly wonders why it | Read More »
With its false attack on mine workers who support Mitt Romney, the Obama regime has increased its reputation as a petty, thin skinned ineptocracy who would resort to political thuggery if they could figure out how to do it.
If you are a member of this or any other government agency, please take this test. Please look around your desk Monday and see if you can see anything that will make you go Man, if Darrell Issa ever hears about this one then the fecal matter is going to impact the oscillating blade.
In today’s New York Times, Ross Douthat tries to understand why the Obama regime has lied so shamelessly and incoherently over the attacks on our Benghazi consulate. He overlooks the obvious: this regime always turns to the lie any time it is under stress and the atmospherics of admitting it had turned Libya over to al Qaeda for a short term political gain.
Barack Obama has a new ad out letting us all know just how tough the job is and explaining that even though he has accomplished less than nothing it is vital that he be reelected. In the process he accomplishes a new first in the category of presidents.
David Chalian was fired as Washington Bureau Chief for YahooNews because of his view, inadvertently broadcast, that Republicans “are happy to have a party with black people drowning.” In a just world, Mr. Chalian would never work in another newsroom. Now he has been hired by Poliitco.
After Joe Biden’s surreal performance in the vice presidential debate Thursday night, the White House had to devote a substantial amount of time Friday making Biden’s exotic statements comport with even the White House’s tenuous relationship with the truth.
Stuff like this is why I don’t expect Google’s regulatory problems to go away in the event of a Romney win. Google has left its systems open (Blogger, Search, Youtube) for the left to abuse the right, and has been slow to react. It’s going to be very easy for the left wing of the GOP to get talked into expanding government to come after them, unfortunately.
The St. Louis Cardinals just completed one of the most incredible post-season game come-from-behind wins that I’ve ever seen. Unfortunately for David Axelrod, he shot off his mouth before the game was decided. And with great comic effect. SO…Tonight was the fifth and final game in the series between the St. Louis Cardinals and the Washington (DC) Nationals. After falling behind 6-0 in the | Read More »