Sen. Elizabeth Warren (D-MA)learned all she needed to know abouteconomic theory selling tax-free boozeand cigarettes on The Rez.Sen. Warren also claims to have watchedaghast as Gen. Whitside slaughtered herpeople at Wounded Knee Creek in 1890. Yeah, yeah, yeah. It’s your … Continue reading →
Remember 1000 years ago when the Czar took on the task of reading the entire draft ObamaCare bill? He didn’t receive nearly as much email on that as he is on this subject of film tax subsidies. Amazed and MC … Continue reading →
The Czar is finally getting around to tackling a backlog of mail. First up, BG writes in: I read this and all I could think was, “Arghhh! The stupid! It burns!!!!!!!!!” E.J. Dionne writes: So on the one hand, we … Continue reading →
In this morning’s Washington Post, Christina D. Romer, Chairman* of the White House Council of Economic Advisers attempts the unenviable task of defending the Administration’s proposed teacher bailout plan. Ms. Romer is by all accounts a well-educated and well-respected economist. … Continue reading →
CHICAGO – Chicago White Sox front office spokesman Scott Reifert announced today that fans attending a July 11 twin bill versus the Minnesota Twins at US Cellular Field will receive a free commemorative mini-bat, unlimited ten cent Budweiser, and up … Continue reading →
Let us say that you are in a casino, near the roulette table. You have just witnessed a guy lose thousands of dollars over the last two hours. He nudges the guy next to him. “Say, pal…that was my kid’s … Continue reading →
Treasury Secretary Timothy “OTJ” Geithner has decided that being in charge of the auto industry is not good enough, and now wants the government to act as the CEO of banks. That is, he admits that he “would consider forcing … Continue reading →
So for whatever reason, the government bailed out a number of financial companies including AIG. Presumably because without the bailout, the economic peril that we would have faced would be greater with a Chapter 11 filing than what we’re facing … Continue reading →
Representative Barney Frank (D-MA) takes this week’s award in chutzpah. Mr. Frank criticizes AIG’s bonus package stating, “these bonuses are going to people who screwed this thing up enormously.” Mr. Frank thereafter advocates firing the executives responsible. A few thoughts … Continue reading →
The Czar just got hold of a spec script for this new crime drama pilot that the Volgi has been working on. He made the Czar promise to keep this draft a secret, so the Czar will only share it … Continue reading →
Memo to America’s Irresponsible Tea Party Whiners: STFU But through all of it, some of us persevered. We made the hard economic choices. We fought off eviction by keeping Linda Mustaine juiced up with mai tais at Applebee’s happy hour. … Continue reading →
So everyone (on the right, at least) keeps noting that Obama’s “stimulus” package is nothing like an actual stimulus package and won’t help the economy. It’s just the an enormous spending and social-engineering package, the agglomeration of Democrat wish-lists of … Continue reading →
‘Puter prefaces his remarks on the Amazing Technicolor Bailout Package/Auto Company Bailout/Mortgagor Bailout with the caveat that he has no greater insight than most on what will or will not work. ‘Puter’s different from most, though, as he admits he … Continue reading →
Quit fighting President Obama’s Giant Technicolor Bailout Extravaganza Stimulus Bill. Let the Democrats pass the abomination of a spending platform on their own. Just require one small tweak. Insist that any state that takes bailout/stimulus money of any kind have … Continue reading →
I kind of like him! “Interference of the State, the belief in the omnipotence of the State: that is a reaction to market failures,” Mr Putin said in his keynote address at the opening of the four-day meeting. “There is … Continue reading →
Confucius, Œc. Vol.Don’t ask impertinent questions like that jackass Adept Lu. 3.14.242.153
Continue reading →The Heritage Foundation gets it exactly right in The Foundry. Rather than let Congress run the Big Three in a bailout scenario, let the Big Three file bankruptcy. Bankruptcy court is a far better option for the Big Three than … Continue reading →
He’s a smart guy regardless of how polarizing he may be. He was able to get things done in Congress back with the “Contract for America”. In fact, it may be the last time a Congress was actually effective. A … Continue reading →
Today, New York Post headline writers picketed in front of the New York Stock Exchange. The writers produced their own signs, perfectly capturing the sentiment of many Americans who foolishly played by the rules. ** Satire. And picture may be … Continue reading →
‘Puter’s not certain what to think of the bailout. ‘Puter doesn’t trust Paulson much at all, with his “everything’s OK, nothing to see here, move along” shtick of a month ago coupled with his “the sky is falling” position of … Continue reading →
Just not in the way the frothing lefties allege. In 1936, anti-Fascist historian Gaetano Salvemini wrote in his Under the Axe of Fascism that Mussolini’s regime subjected the tax-paying citizen to corporations because, “the State pays for the blunders of … Continue reading →
Sen. Obama is running ads and preaching that the Fannie Mae / Freddy Mac debacle and subsequent bailouts are due to failed Bush policies. Now, I won’t defend the current administration as being fiscally conservative. In fact, I agree with … Continue reading →
‘Puter hereby volunteers to do his part in this expanding financial crisis. ‘Puter has informed Treasury Secretary Paulson and Fed Chair Bernanke that he stands ready to accept an $85 billion no strings attached bailout with taxpayer money. It’s for … Continue reading →
The Wall Street Journal is reporting that the gubbamint is preparing to take over Fannie Mae and Freddie Mac. Hold on to your wallets. Years of mismanagement and borderline fraudulent accounting practices, coupled with an implicit federal guarantee of Fannie … Continue reading →
