Tag archive for ‘Nyt’
Reform, not Rescue… Buy in, not Bail Out.
This is a restructuring, not a rescue. It’s a buy in, not a bailout. Congress and the White House need to realize that this effort’s main goal is the stabilization of the financial markets and the recapitalization of the financial system. It is not the time to take the taxpayer’s money and give it to Wall Street. It is not the time to take the taxpayer’s money and give it to homeowners who can’t pay their mortgages. We’re taking the taxpayers money and correcting an error we should have corrected over five years ago - making the markets more transparent and ensuring that people who benefit from risky deals also assume the downside to those deals when they go bad.
I Hate Snotty Europeans
I hate snotty Europeans. They show up in America’s major cities and bring with them not only their hatred against President George W. Bush, the Iraq war and U.S. foreign policies, but also their disdain for Americans and American culture in general.
More often than not, these snotty Europeans display their disdain toward America openly, with [...]
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 [...]
Shooting Craps - Vegas comes up “snake-eyes!”
Now I know recession is close at hand. When the purveyors of sex, drugs, and cheap thrills hit the skids - you know the rest of the economy can’t be too far behind. America’s most outrageous city, Las Vegas, is facing a growing multitude of problems, and they all boil down to a single, unavoidable [...]
Why is crude oil (and gasoline) so expensive?
I have been getting emails from readers essentially asking me to do a post on oil - why is it so expensive, and what, if anything should be the GOP’s party platform on energy. While energy economics is not my specialty - I do understand commodities markets, and I believe I probably understand better than [...]
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