Tag archive for ‘Wsj’
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.
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 [...]
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