Archive for February, 2009

Phil Gramm Spells Out the Sources of the Economic Crisis

Thursday, February 26th, 2009

Phil Gramm, who Democrats and the media have been trying to blame for the banking crisis, puts up a solid defense in the WSJ. Regarding the liberal policies that pressured banks into giving out all of those bad loans, he writes:
Since politicization of the mortgage market was a primary cause of this crisis, we should [...]

Border Fence vs. Multiculturalism

Sunday, February 22nd, 2009

Mickey Kaus asks: “Isn’t the border fence shovel-ready?“
Great question. In fact, shouldn’t this be at the top of the list for the federal spending extravaganza that is about to begin?
My guess is that President Obama, like McCain and Bush, doesn’t like the fence at all. Our political elites like the open borders policy. So what [...]

Carter-Clinton-Bush Bad Regulations Gave us an Economic Disaster

Saturday, February 21st, 2009

Thomas Sowell explains the underlying root cause of the financial crisis and, really, as far as I can tell, much of the world’s economic meltdown.
It is funny that the news media and liberals say that the economic disaster is due to a lack of regulations. The exact opposite is true. Government regulations shifted starting with [...]

Bailout vs. Nationalization of Banks - We May Get the Later Soon

Tuesday, February 17th, 2009

Economist Alex Tabarrok explains:
I believe that bank nationalization is now very likely. It may even be desirable. The term nationalization, however, clouds judgment on both sides of the debate. It’s better to think of what we want to do as bankruptcy. Many of the major banks are insolvent. When the [...]

Ten Questions About Unions for Barack Obama

Sunday, February 15th, 2009

The subject of a card-check bill keeps coming up (via Instapundit):
TRIBUNE-REVIEW: Though President Obama has signed four executive orders favoring organized labor, the crown jewel for unions — legislation making it easier for workers to organize — is yet to come.
The Employee Free Choice Act, commonly called the “card-check bill,” that died in the [...]

Via Islam, Free Speech is Under Attack In the West

Saturday, February 14th, 2009

Across Western Europe restrictions on the freedom of speech are spreading, especially in regards to criticizing Islam. The latest case is that of Dutch Freedom Party leader Geert Wilders, who I wrote here had a movie banned by the EU parliament. Now back in the Netherlands, where he is a member of the Dutch parliament, [...]

The Stimulus Package: Who Do You Trust?

Monday, February 9th, 2009

I usually have an opinion on most policy matters. But I must say that this stimulus package has had me sitting on the fence. On one hand the Democrats and many economists say this huge package of spending measures and tax cuts will help save the economy from a really bad recession - or even [...]

When Sam Houston Spoke … and Texans Ignored Him

Sunday, February 8th, 2009

Sam Houston was one of the founding fathers of Texas. He served as the first President of the Republic of Texas when Texas was an independent country from 1836 to 1846. After Texas joined the United States, Houston served as the Governor of Texas including up until the Civil War period. Thus he was a [...]

The Wal-Mart Invasion

Tuesday, February 3rd, 2009

This is cool. Watch Wal-Mart spread across the US starting from 1967.

Is Obama Getting the Stimulus Fundamentals Wrong?

Tuesday, February 3rd, 2009

Uh oh. Robert Samuelson, a person I trust regarding non-partisan economic analysis, tells us:
The decision by Obama and Democratic congressional leaders to load the stimulus with so many partisan projects is politically shrewd and economically suspect. The president’s claims of bipartisanship were mostly a sham, as he skillfully maneuvered Republicans into a no-win position: Either [...]