Sanity Returns To The Senate
And not a moment too soon: Legislation to rein in excessive energy speculation failed a key procedural vote on Friday to move forward in the Senate, and now lawmakers will set aside the bill to consider other legislation. The House of Representatives may take up its own anti-speculation bill next week, and then lawmakers will get ready to leave for their month-long recess in August. | Read More »
Quotes That Catch My Fancy
. . . economic downturns do offer the motivated reporter an opportunity to speculate on the possible political consequences of unflagging public and media ignorance. The causes for our current economic troubles are evidently too complex to fathom, so instead of writing intelligibly about what is actually happening and why, we are asked to wonder (hope? fear?) whether voters can be made to demand a | Read More »
Obama’s CHANGE for the Better
The political password of Obama is the need for “change, America is heading in the wrong direction”, the question is, which direction should America take to solve its economic and military problems?
Barack Obama’s Tax Plan
Explained by Dan Mitchell and well worth watching:
Your Good News/Bad News Post Of The Day
Free trade is flourishing in the East, which is wonderful news. With the West . . . well, it’s a different and significantly less-wonderful story.
My Position On Government Spending
I am an ante post-Reagan standard kind of guy myself.
Not Livin’ Large in Ohio, Folks Can’t Even Afford Meat?
That’s it. NPR has declared Ohio a disaster area. Things are so bad. NPR gravely warns, that folks in the Buckeye state can’t even afford to buy meat for their dinner tables anymore. It’s the end of civilization as we know it. Doom and gloom. Oh the humanity. It’s the end of the world as we know it… at least for one Ohio family that | Read More »
Gas Prices Cause Louisiana Women to Resort to ‘Pole Dancing’?
WAFB TV Channel 9, in Baton Rouge, Louisiana pulled out all the stops for this ridiculous report claiming that “some women” in the Pelican State are resorting to working in strip clubs because gasoline is so expensive. To prove it, WAFB found one woman that said so. I’d say that clinches this as “fact,” then, wouldn’t you? In typical sensationalistic news fashion, WAFB TV assumes | Read More »
School’s In Session
Daniel Mitchell is teaching. But is our Carl Levin learning?
Oil drops for third day because of economics 101.
As much as we all have wanted to string speculators up by their thumbs (and they do have it coming), the drop in oil over the past three days has been because of downward pressure being placed on the market by fundamentals.
“Let them eat cake” Democrats
By Mike DeVine, Legal Editor for The Minority Report and The HinzSight Report The crisis can’t wait till Inauguration Day, 2009. America is not a TV show whose plot hinges on what camera angle CNN decides to use to make McCain look old and short and Obama look like he has a clue. Americans are hurting and the fact that we haven’t had two consecutive | Read More »
Quotes That Catch My Fancy
Apparently, Free markets means free to go up only . . . –Barry Ritholtz on the ridiculousness of blaming speculation for high oil prices.
By The Numbers
Richard Rahn compares the economic plans and advisers of the Presidential candidates and finds McCain to be in a stronger position–though he does state that McCain needs to specify where his spending cuts will come from. When it comes to Obama’s position, Rahn is eviscerating: Mr. Obama’s fiscal plan is totally implausible. He has, according to the National Taxpayer Union (NTU), already promised to increase | Read More »
Breaking news: sunlight shines on global warming (aka climate change) skeptics
The headline at The Drudge Report website,”Group Repping 50,000 Physicists Opens Global Warming Debate…” [linked to dailytech.com] says it all. That headline stems from an article posted in the July, 2008, newsletter of the American Physical Society unit known as Physics and Society. Lord Christopher Monckton of Brenchley wrote the explosive article, ‘Climate Sensitivity Reconsidered,’and the abstract alone is guaranteed to make Al Gore’s blood | Read More »
A Balanced Budget Amendment: The Right Step to Secure our Nation and our Future
I believe limiting the amount of money government can legally spend to an amount no greater than that which it takes in would be one of the greatest, most meaningful achievements of this generation. I also believe that the most effective – and most permanent – way to do this is by amending the U.S. Constitution to require a balanced budget. My name is Alan | Read More »