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 →
I don’t pretend to be an expert on internal French politics, but here’s a little summary of what winner Hollande stands for: He’s a Keynesian (although the article doesn’t mention that word) who favors stimulus as the answer to France’s … Continue reading →
…stupid. I noticed something worth mentioning: according to this memeorandum roundup of articles, this time around even many of the liberal and leftist newspapers and blogs are reporting this as bad news, and not ignoring the fact that a lot … Continue reading →
It continues. Obama pointed out to an audience at a community college in Ohio that, ““I wasn’t born with a silver spoon in my mouth.” The jokes come to mine (“no, you were born with a furry paw in your … Continue reading →
If so, you can help Uncle Sam out. I was doing my taxes, going over everything with a fine-toothed comb (and then some), when this stopped me in my tracks: How Do You Make a Gift to Reduce Debt Held … Continue reading →
Not the greatest. Ben Bernacke mused: …that the sharp decline in joblessness ”” the unemployment rate has dropped from a recent high of 9.1 percent in August ”” was not supported by underlying economic growth. The decline has been “somewhat … Continue reading →