The blame duck blames the fat cats
President Obama says “”I did not run for office to be helping out a bunch of fat cat bankers on Wall Street.” No, of course not. He ran for office to be helping out his own fat cat friends and … Continue reading →
Category Archives: Finance and economics
Obamacare as suicide mission
Holman Jenkins writes: It’s no exaggeration to say the Senate health-care bill taking shape is the equivalent of climbing aboard a train about to plunge into a canyon and deciding what it really needs is a bomb on board. Ouch. … Continue reading →
Who’s afraid of Glass-Steagall (or the uptick rule)?
Remember (ah, it seems like eons ago) the first few months of Obama’s presidency? The focus was on the economy and attempts to foster its recovery. There were a gazillion articles about what had gone wrong: blame the Democrats, blame … Continue reading →
Health insurance death spiral
Here’s another piece to read, and then send to everyone you know. If they’re anything like my (almost universally liberal) friends, they won’t read it. Or if they do, they won’t believe it. Or if they read it and believe … Continue reading →
Moving right along: no death panels here, just a death pathway
The Times Online reports the case of Hazel Fenton, a near-casualty of the British health care system: AN 80-year-old grandmother who doctors identified as terminally ill and left to starve to death has recovered after her outraged daughter intervened. Hazel … Continue reading →
Obama’s war on specialists
This is very disturbing. It’s the sort of article I recommend you read and then forward it to your friends, even the liberals among them. I would imagine it would give most people pause.
Continue reading →By hook or by crook: the public option edges closer
Whoever said our legislators (approval rating: 21%) weren’t creative? They sure are working hard to figure out a way to get enough votes to slide some sort of public option by, whether Americans like it or not—although if certain recent … Continue reading →
New York finds out that (gasp!) taxing the rich more doesn’t pay
Why do we have to keep rediscovering—as the state of New York recently has—that raising taxes on the rich is so often of illusory benefit? Probably because it’s such a tempting thing to do. After all, there the rich are, … Continue reading →
Ignoring the financial experts: where have you gone, Larry Summers?
With all the news swirling around lately it seems that Obama’s approach to the financial crisis, a topic that was the main focus of the early months of his presidency, has gone on the back burner. But as his more … Continue reading →
The AP fact-checks its own ass
How’s this for sophistry? The AP’s Erica Werner begins her supposed fact-checking of the issue of whether Rep. Joe Wilson was right in calling Obama a liar last night with the unequivocal sentence: “Rep. Joe Wilson is wrong.” But after … Continue reading →
Today’s Honduras (and SEC investigation) updates
See Fausta for more on Honduras, much more. And this editorial by Monica Showalter at IBD is must-reading on the topic of US policy towards Honduras, the reaction of other nations, and the likely consequences. In a completely unrelated affair, … Continue reading →
The SEC Madoff investigations: shockingly inept
Anyone who’s been following the Madoff story already knew that the SEC botched its chances to catch him, and that it had plenty of them. But now we have a report that says as much. I wrote back in February … Continue reading →