I don’t ordinarily read the Chicago Tribune, and I don’t think I’ve ever heard of John Kass before, but this is one heckuva good column. I’m tempted to quote the whole thing, but I’ll just suggest you read it. In … Continue reading →
If the past is any guide, it’s a safe bet that Obamacare will cost far more than estimated. Check this out: A few years ago, the Senate Joint Economic Committee released a study that looked at initial estimates of programs … Continue reading →
…otherwise known as letting the so-called “Bush tax cuts” expire for those making over $250,000. Are these really “rich” people? Was Charles Schumer (he’s a Democrat, but he’s from New York) correct when he said last year that, “in large … Continue reading →
In the midst of the flurry of attention in the press and blogosphere given to the commerce clause vs. penalty/tax controversy in the SCOTUS decision on Obamacare, I began to wonder whether it was possible that the Medicaid part of … Continue reading →
Obama’s speech on economics yesterday was remarkable in that it failed to impress even the sycophants at MSNBC: And Dana Milbank of the WaPo was not the least bit happy with Obama, either: I had high hopes for President Obama’s … Continue reading →
I’ve been trying to figure this one out ever since it happened. At first I assumed Obama’s remark that the private sector is “doing fine” was a truncated quote. But no, he really did say that, even in context. This … Continue reading →
Even if what they do is perfectly legal. Even if they constitute an infinitesimal percentage of the total population of rich people—“one half of one percent of the 4 million tax filers that make up the top 3 percent” of … Continue reading →
…for the Obama administration. And, I might add, for the American people. [NOTE: Here’s a roundup from Instapundit.]
Continue reading →During the Republican primaries, Romney was attacked mightily for his tenure at Bain. Gingrich was the main—although hardly the only—source of the criticism. His supporters said that, far from harming Romney if Mitt ended up being the nominee, this would … Continue reading →
In a move that should surprise no one, President Obama sides with the new French President and against Germany’s Merkel in the debate about the balance of growth vs. austerity for Europe. British PM Cameron added that: …he detected a … Continue reading →
…just say no to the Christian Democrats. Merkel’s party lost a lot of ground in that section of Germany yesterday, and the Social Democrats (the SPD, described as “centre-left”) picked up what the CDU lost. This follows the pattern in … Continue reading →
So, does the debacle at JP Morgan mean banks should be more regulated? In Business Week, Henry Blodgett answers “yes”—because, despite the fact that Morgan’s CEO Dimon is one of the best and smartest of the bunch, the situation has … Continue reading →