Archive for November, 2008
« Previous Entries Next Entries »New York Times Does Its Best to Create Sense of Maudlin Panic
Tuesday, November 25th, 2008Oh, for Pete’s sake, this is pathetic on so many levels: Come Christmas, McKenna Hunt, a gregarious little girl from Safety Harbor, Fla., will receive the play kitchen and the Elmo doll she wants. But her mother, Kristen Hunt, will go without the designer jeans she covets this season. if (acm.rc) acm.rc.write(); For Ms. Hunt [...]
Ask Congress if the Iraq War Has Been Won?
Tuesday, November 25th, 2008Personally, I couldn’t give a shit what Congress thinks about the war, or anything else: Is it time for America to declare success in Iraq? That depends on whom you ask. While the nation has been consumed with its worst financial crisis since the Great Depression, the war — the early focal point of the [...]
Government Intervention Costs to Exceed $7.5 Trillion?
Tuesday, November 25th, 2008And so, apparently, the bailout costs most commonly discussed and mentioned in another post as approaching $2 trillion once Obama takes office, are really just obfuscations of the real costs of this round of government intervention. In fact, they’re only some of the tactics in play or planned: The government’s financial bailout will be the [...]
Businessmen: Once Again, Public Enemy #1
Tuesday, November 25th, 2008Thomas Sowell puts the hammer right smack on the head: Ivan and Boris Again: Why Politicians and the Media Attack CEO Pay: It is not the general public that singles out corporate CEOs for so much attention. Politicians and the media have focused on business leaders, and the public has been led along, like sheep. [...]
Marines Kick Ass, Take Names
Tuesday, November 25th, 2008Via Power Line, some good news from Afghanistan: “A good day for the Marine Corps“: Michael Ledeen highlights this stirring account of Marines fighting in Afghanistan: FARAH PROVINCE, Afghanistan — In the city of Shewan, approximately 250 insurgents ambushed 30 Marines and paid a heavy price for it. Shewan has historically been a safe haven [...]
News Flash: Obama Ignores Own Position About Government Deficits
Tuesday, November 25th, 2008Here’s a convenient position to take: Budget Concerns Take Back Seat To Bailouts: Budget hawks were aghast when the federal deficit hit a record $455 billion in fiscal 2008, more than double the previous year. That figure could double again in 2009, to $1 trillion, but even balanced budget advocates are saying that may be [...]
The Direct Cost of Government Intervention (So Far): $2 trillion
Tuesday, November 25th, 2008The phrase “spending like a drunken sailor” has officially taken on new meaning: Obama, Democrats plan $500B economic package Congressional Democrats and President-elect Barack Obama are laying the groundwork for quick enactment in January of a giant, two-year economic rescue package that will total about a half-trillion dollars. His economic team in place, Obama has [...]
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