REFLECTIONS

Okay McCain takes time off from campaigning to try and seriously address the financial situation; Obama’s poll numbers go up.  McCain and Bush tried hard to get more oversight of Fannie Mae; Obama’s poll numbers go up.  Obama has managed in only three years to receive more money from Fannie Mae than any other Senator [...]

Howdy all, a few Interesting Items for your information. Enjoy – In this issue: 1. Rescue 2. Stevens 3. Palin Stories 4. Goon Squads 5. Ulysses 6. Expires 7. Debate 1. Rescue. The proposed bailout rescue of the financial system ran into a roadblock Thursday when Barack Obama showed up at a negotiation session in [...]

At NRO there is an amusing look at the financial crisis through the lens of one who has recently passed a kidney stone. http://article.nationalreview.com/?q=YWE1YTg0N2I5OTQ1ZWNkYjFmYTNjZjQ2ZmMzYmM5ZjA= The article is fun and ends with this sentence which is the funniest ever written: Is that too much to ask of this mess? That from whatever pain we have to endure, [...]

Powerline has linked to this great video explaining the housing mess: http://www.powerlineblog.com/archives2/2008/09/021622.php I gotta tell you I understand things so much better after watching this I feel like an idiot for what I missed before.  I really didn’t understand that the CRA and the sub-prime mess was linked to why it was so darn hard [...]

Jeffrey Sachs is a development economist and director of the Earth Institute at Columbia University wrote in the Financal Times: We have arrived in a multi-polar world. As German Finance Minister Peer Steinbruck put it in Berlin yesterday, “The US will lose its status as the superpower of the world financial system.” Yet a multi-polar [...]

Classical Values and Instapundit are discussing the need to listen to economists.  This leads to the question which economists?  Wasn’t Keynsian economics responsible for the failures of the 70s?  Wasn’t JK Galbraith an actual moron?   Doesn’t it matter which economists you listen to?   Classical Values compares economics with brain surgery and that is an excellent [...]

I understand the conservative case against the Wall St. bailout.  I understand that government interfering in the Free Market will just do more damage to the Market.  But isn’t the ugly truth of this bailout that the government is meddling to fix what the government broke?  The mortgage business didn’t go down a rat hole on [...]

Gateway Pundit has the story up that one of the Marines slandered by Rep. Murtha is fighting back.  A Marine Corps lance corporal from Pennsylvania has sued U.S. Rep. John Murtha, saying the Democrat lawmaker slandered him by saying he and other marines killed 24 Iraqis in Haditha in “cold blood.” Justin Sharratt has filed [...]

Howdy all, a few Interesting Items for your information. Enjoy – In this issue: 1. Clarification 2. Financial 3. Hackers 4. Protest 5. Alaska 1. Clarification. I wrote last week about Governor Palin attempting to kick the Troopergate investigation to the state personnel board. One of my correspondents passed along the following additional information which [...]

The MSM is only happy talking about the military when they can create a controversy.  Sgt. Peralta’s amazing courage in Iraq would go unnoticed if he hadn’t been denied a Medal of Honor and therefore giving the media a chance to stir up a storm of outrage.  http://www.signonsandiego.com/news/military/20080918-9999-1n18peralta.html Whichever medal he receives Sgt. Peralta gave [...]

Okay today this election finally became too much for me.  I was listening to Ella this morning, trying to find succor in that voice as rich as dark chocolate cheesecake.  She started singing “That Old Black Magic” and I thought “oh no Ella is singing a song that can be construed as a coded message accusing [...]

As always Thomas Sowell keeps his eyes clearly focused on matters of true importance.  And as usual he does not suffer fools gladly:  When terrorists get nuclear weapons, there will be no way to deter suicide bombers. We and our children will be permanently at the mercy of the merciless. Yet what are we talking [...]

So there is a lot of speculating in the right wing blogs that Obama is going to dump Biden and bring HIlary on the ticket.  Before the stock market went into free fall I would have said that was a sure thing.  Now we will wait and see if the bad news gives Obama a [...]

Please read the document linked in the sidebar to the right called US Constitution 2.27 I had included the articles of amendment within the American basic law, instead listing them separately as if they were equal to the original seven articles. Twenty-seven times the US Constitution has been amended or, better put, some of the [...]

Instapundit had this quote on his site a couple of days ago: UPDATE: Barry Dauphin thinks it’s psychological: “One thing I have noticed. No matter who McCain is up against (be it Republicans or Democrats), he has an uncanny ability to get under the skin of his opponents. Most of his opponents become virtually apoplectic [...]