Drudge Report had a link leading to: Manure could prove farmers’ carbon cash cow courtesy of ABC. I’m surprised that my fellow red staters didn’t jump all over this article as an example of the liberal mindset of MSM. The article infers that the government knows more about economic incentives than farmers, but of course there are credits involved. And there is also the matter | Read More »
http://www.nydailynews.com/news/politics/2011/04/20/2011-04-20_sharpton_calls_for_coalition_rev_al_joins_immig_effort.html My first thought when I saw that headline was “Obama has subscribed to the theory that if you put a bunch of monkeys in a room with a piano, they will eventually create a symphony.” Now I’ve decided that is probably the way he has operated from Day 1.
The media is in a frenzy in their reporting of commercial airplanes landing while the airport traffic controllers were asleep. As is usually the case, they are only reporting the most sensational aspect of the story. In every case of which I am aware, the controllers were asleep at airports which experience only a few landings per hour during the period when the sleeping occurred. | Read More »
Or preventing market meltdowns? Or undoing years of feel-good programs which are strategically wrong? My point is that government lacks the insight to anticipate disaster, and the imagination or will to implement any but the most ambiguous of programs. In the ’60s, the growing importation of foreign oil was the expected result of our economic growth. Fifty years later, nothing effective has been done about | Read More »
Edmund Conway, Economics Editor of the Telegraph, discusses the IMF report showing that the US faces one of the biggest budget crunches in the world. http://blogs.telegraph.co.uk/finance/edmundconway/100005702/us-faces-one-of-biggest-budget-crunches-in-western-world-imf/ The article is valuable as a marker against the political diatribe in our country. That is, the article and the underlying statistics were created by those with little or no political interest in the discussion. While interpretation of some | Read More »
MSM is frothing over the discovery of emails revealing that Goldman Sachs thought that the housing bubble was about to burst and acted on it. Would one of my fellow RedStaters who has contacts with MSM please enlighten them about selling high and buying low? I’d like to insert a rant on MSM not having a clue about economics, finance, …. Feel free to help | Read More »
I’ve avoided worrying about Obama’s being a natural born citizen by thinking that surely election officials would have called foul before the election. Now I see this in Google news: ” DC Knows that Obama is Ineligible for Office Canada Free Press – Jb Williams – Apr 20, 2010 Members from all three branches of the Federal government already know that Barack Hussein Obama is | Read More »
Last night, one of the major networks reported that the financil reform currently being proposed does not include bailouts. The report went on to say that companies in difficulty would go out of business by a “resolution” process. Apparently the lenders/creditors would be “protected”. This would be another distortion of the credit market. Just as I was emailing squawk@cnbc.com this morning, Rep. Paul Ryan (Wisc) | Read More »
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