Like a laser
A laser, I tell you.
Continue reading →Category Archives: Finance and economics
Detroit: all the way down the Telegraph Road
Detroit’s declaration of bankruptcy has been discussed in countless articles, both the how and the why of it. One thing nearly everyone agrees on is that it’s been a long time coming. Just how long? Well, if you’d like a … Continue reading →
Detroit is bankrupt
Literally. The article says it’s the largest city in the US to ever file for bankruptcy, but New York came mighty close in 1975. I know, because I owned a very small NYC bond at the time, and I remember … Continue reading →
Obamacare: well now, it seems that…
…it’s the honor system for Obamacare income subsidies. Oh, that’ll work just fine. Unbelievable. And yet at this point, ever so believable: The White House seems to regard laws as mere suggestions, including the laws it helped to write. On … Continue reading →
What hath Obamacare wrought?
Part-time yes, full-time no. People are not dumb. They get around a law if they can. And Obamacare is a terrible, terrible law, passed in a terrible manner.
Continue reading →What’s behind the upswing in the housing market?
It may not be what you’d think.
Continue reading →Joe Klein: the IRS targeted conservative groups…
…and oh, if only Obama knew! [NOTE: If you want to refresh your memory on the “if only Stalin knew” reference, see this.] [NOTE II: George Will weighs in, asking, “How stupid do they think we are?” My answer: “Very. … Continue reading →
The new immigrants: come for the liberty, stay for the welfare
Surprised that the Tsarnaevs of Massachusetts received welfare benefits?: The Tsarnaevs’ parents are former recipients of transitional assistance benefits, and both Dzhokhar and Tamerlan Tsarnaev received benefits through their parents when they were younger. Separately, Tamerlan and his family received … Continue reading →
As Denmark goes?
Once a population has been welfarized, can a nation go back? Countries in Europe are facing problems as they start to run out of what Margaret Thatcher called “other people’s money.” So Denmark is trying, at least a little bitty … Continue reading →
Thoughts on tax day
[NOTE: This is an edited version of an essay of mine from the past.] Today is April 15th. This means that millions of us will be making our way to the copy machine and then on to the post office … Continue reading →
Obama: the legacy
Obama actually offers up a proposal that at least gives the appearance of being a compromise (entitlement cuts for tax raises), and the left gets angry at him, naturally: Progressive groups and lawmakers, including Sen. Bernie Sanders (I-Vt.), are blasting … Continue reading →
This was so successful the first time…
…let’s do it again!—says the Obama administration: The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that … Continue reading →