(Hat tip: GPBurdell) My dear American friend I AM NEEDING TO ASK YOU TO SUPPORT AN URGENT SECRET BUSINESS RELATIONSHIP WITH A TRANSFER OF FUNDS OF GREAT MAGNITUDE. I AM MINISTRY OF THE TREASURY OF THE REPUBLIC OF AMERICA. MY COUNTRY HAS AD CRISIS THAT HAS CAUSED NEED FOR LARGE TRANSFER OF FUNDS OF 700 […]
Joseph Calhoun, “In Times of Crisis, Trust Capitalism” (HT: powerline) Last week Goldman Sachs raised $10 billion in new capital in one day. They sold $5 billion in preferred stock and warrants to Berkshire Hathaway and also completed a secondary offering of common stock that raised another $5 billion. Friday, JP Morgan raised $10 billion […]
Amen. Read “Bankruptcy, not bailout, is the right answer” by Jeffrey A. Miron — a Libertarian economist and senior lecturer in economics at Harvard University. Congress has balked at the Bush administration’s proposed $700 billion bailout of Wall Street. Under this plan, the Treasury would have bought the “troubled assets” of financial institutions in an […]
We’ve written about the causes of this crisis. Watch this devastating presentation with testimony straight from the mouths of the crooks and their enablers. Fox is reporting that the bill may have passed had Nancy Pelosi not tried to blame this whole mess on the Bush Administration. Opponents said part of the reason for the […]
Michelle Malkin: Breaking: It’s official. House rejects Trillion-Dollar-Plus Crap Sandwich Remember, the Democrats could have passed this crap sandwich bill without a single Republican vote. But they wanted cover from the Republicans. They wanted the Sanction of their Victims.
Inspiring, eh? If these clowns are happy, you’re about to be screwed.
We receive a variety of links, articles, opinions, etc. For example, a reader sent us this recent posting from a “conscience parents” group: Greed and irresponsibility Posted by: “laura h*****” Wed Sep 24, 2008 6:58 am (PDT) Hi, We are facing a financial crisis as profound as any we have faced since the Great Depression, […]
This is pretty funny, in a sad and pathetic kind-of-way. Still, it may be good for a laugh in a week that’s been short on humor. Check out Michelle Malkin’s update of a classic fable, The Ant and the Grasshopper, 2008 edition: With what looks like imminent passage of the Mother of All Bailouts (following […]
That is the title of this John Hood piece posted at National Review’s the Corner. It is a must-read. Hood offers some alternatives that fiscal conservatives will appreciate because they are grounded in the realities of market principles which have been studied and utilized for hundreds of years. These are dangerous times for our Republic, […]
Did you hear about the $25 billion bailout of GM, Ford, and Chrysler today? You know, those inept, beleaguered, union-handicapped dinosaurs in The People’s Republic of Michigan. A $25 Billion Lifeline for GM, Ford, and Chrysler: In Washington these days, an 11-figure expenditure barely attracts notice. With Congress preoccupied with the massive, $700 billion bailout […]
(Hat tip: Jonah Goldberg) Mets Too Big To Fail: The New York Mets are suffering a stunning late season collapse once again. Leading by three games just a week ago, they are now a game-and-a half behind the first place Phillies and without a drastic change, the Mets could be shut out of the playoffs […]
Check out John Stossel’s column today, What Happened to Market Discipline?. It’s a great article, and it presents points that you’ll never hear from the “Mainstream Media”. Mainly, though, Stossel explodes the MSM myth that the current financial meltdown is a result of “no regulation”. You have to be really uninformed and gullible to believe […]
The $700 billion blank check to Secretary Paulson must be killed. Throwing good money after bad is stupid. There’s so much wrong with this bill that we don’t know where to start, so here’s some information for you to digest. First, it helps to know how we got here. Read “How the Democrats Created the […]
Democrats like to remind us how “tolerant” they are. They are the party of “diversity” and “multiculturalism.” If you believe that, you’re choking on the Kool-Aid. To leftists, women and minorities who stray from the rigidly-ideological liberal plantation are sellouts to their “kind”. They are Uncle Toms or, maybe, “Uncle Moms”. For example, Sarah Palin […]
Obama and Biden have pledged to abolish the Bush tax cuts and raise taxes on households with incomes greater than $250,000. You probably already know that. This is classic income redistribution, and as Bill O’Reilly points out in the quoted interview below, “It’s a socialist tenet.” George Bernard Shaw put it this way: “A government […]
Here’s the latest news from Iran concerning the wonderful, peace-loving religion of Islam. Iranian Majlis Ratifies Bill Requiring Death Penalty For Muslims Who Convert To Another Religion: Last week, Iran’s Majlis ratified a bill under which any Muslim who converts to another religion would be put to death, with no possibility of pardon. The bill […]
One of our favorite writers and thinkers, Victor Davis Hanson, sums up the pathology of Obama Compulsive Disorder. It’s quite a spectacle to watch. Like a two-year old, they simply cannot control themselves. The hallowed NBC brand of old is now devolved into MSNBC’s Matthews-Olbermann embarrassment. The once revered Atlantic Monthly now hosts blogger Andrew […]
It must be tough to be a left-wing nutjob these days. The excitement of Sarah Palin has the Obamatons absolutely wrecked with fear, and so they resort to spreading vicious rumors and lies. One of the lies that has the Socialists Against Sarah most worked-up is that she tried to censor library books. Factcheck.org shoots […]
How Not to Balance a Budget: The “progressives” who dominate politics in these states target the rich on grounds that they have the ability to pay. They also have the ability to leave. From 1997-2006, New York State lost 409,000 people (not counting foreign immigrants). For every two people who move into the state, three […]