Archive for July, 2008
Poor Obama - The New Yorker outed him…
So in response to the New Yorker piece - and the inevitable denials, outrage, and indignation - I would just sum it up and say - I’m shocked! Shocked I say - to find gambling going on in the CASINO!
Sen. Obama’s outrage over the current New Yorker magazine cover is amusing to me. The New [...]
Unwinding Mess - IndyMac, Freddie Mac, and Fannie Mae
On Friday, the first unavoidable evidence that the credit crunch continues burst forth to center stage. The Office of Thrift Supervision (OTS) and the Federal Depositors Insurance Corporation (FDIC) were forced to take control of IndyMac Bancorp, Inc. IndyMac’s failure marks one of the largest bank failures in history, and is the largest bank failure [...]
What would Iran’s nuclear weapons mean for the United States?
I am sure that my readers have all been watching this week Iran’s missile tests. Iran launched a series of missiles to demonstrate its capability to deliver warheads at medium-range distances (2000 km). While there is some dispute as to how many missiles it has launched over the last three days - the message from [...]
Gone with the Wind? Pickens’ plan for America.
America is facing a serious long-term energy crisis. The price at the “pump” that people are so traumatized by is really the short-term symptom of a longer term problem. As the largest of the two “third world” nations industrialize, India and China, billions of people are rapidly increasing in their wealth, standard of living, and [...]
Weapons of Mass Destruction… in Iraq?
We all remember Secretary of State Colin Powell’s address to the United Nations. To critics of the Bush Administration, this speech is nothing but lies. There were no weapons of mass destruction they said, nor the precusors of such programs. Saddam was defenseless.
Let me briefly revisit one part of Secretary Powell’s speech:
Thanks to intelligence they [...]
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