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Tag archive for ‘Wall Street Journal’

Uncle Sam the Loan Shark

Uncle Sam the Loan Shark

I must admit - I’m totally dumbfounded and stunned today by the article I read in the Wall Street Journal entitled, “The Paulson Plan will make Money,” by Andy Kessler. Essentially, Kessler’s argument is that somehow in all of this mess, the money spent in the proposed financial intervention plan before Congress will actually result in a windfall to the taxpayer in potentially trillions of dollars. This argument is fundamentally flawed - for it if were true, there would be no investment/financial services crisis to force the government’s hand.

Et tu Hillary?

Et tu Hillary?

Tonight - Sen. Hillary Clinton will address the Democratic National Committee. Senator Clinton will seek to convince her ardent primary supporters to fall in line behind presumptive nominee Barack Obama. After an emotional first night of speeches by ailing Senate veteran Ted Kennedy and Michelle Obama, wife of the Democratic candidate, Tuesday’s focus will be [...]

Peggy Noonan (WSJ Opinion): Pity Party

New York, NY (Wall Street Journal Online) by Peggy Noonan:The Republicans? Busy dying. The brightest of them see no immediate light. They’re frozen, not like a deer in the headlights but a deer in the darkness, his ears stiff at the sound. Crunch. Twig. Hunting party.
The headline Wednesday on Drudge, from Politico, said, “Republicans Stunned [...]

As Harriman said to Vanderbilt, “Hey Pal! You can’t bring your railroad through here!”

Google has expressed its concerns about the free flow of information on the internet if Microsoft succeeds in acquiring Yahoo.
Last month Microsoft made an unsolicited offer to purchase Yahoo. The bid was initially rejected, but executives from the two companies met last week to discuss the proposed deal, according to the Wall Street Journal.
“We would [...]