So far, we the taxpayers on are on the hook for $8.5 trillion. Some of that might get paid back, but nonetheless, we’re at risk for it, and it’s likely we’ll never get it all back. There’s also no evidence that it’s working all that well. Credit markets are still tied up.
Only half the country [...]
I suppose another benefit of our troubles is the bright light being shone on the sausage factory of Washington. Apparently our courageous “leaders” in congress are trying to divert billions of dollars from the bank bailout at the even more hopeless cause of our automobile industry (labor and Detroit being two of the most special [...]
As anybody who reads this or knows me is acutely aware, I’m an eternal optimist. So, even though our financial system is collapsing around us, I see this as a potentially positive development for America.
It is only when things are bleak that people are sufficiently motivated to change. We saw that last Tuesday, as red [...]
In their infinite wisdom, the voters of Massachusetts chose to decriminalize the use of pot, but not the sale of it. You get caught with one ounce or less of the chronic, you lose the pot and get a $100 fine. That’s it. Basically, using pot is now considered on par with parking in a [...]
Let me start by saying that I’m very happy that Obama won over McCain, and I think it’s wonderful that so many people were compelled into action on behalf of their country. It’s also inspiring to see Democracy in action, an entire country throwing out a set of leaders without a drop of blood spilled. [...]
Here is an e-mail I just got from the Libertarian party, suggesting that perhaps we should be a little more upset than we are with the bailout. Even if you’re not normally inclined to listen to the Libertarians, I think they have a point here. A trillion dollar bailout to avoid a financial disaster? That [...]
One can credit the academic far Left with the current climate of gender politics, where the difficult goal of equality has largely been forgotten and in its place we have the expedient of reverse sexism. So, it is an irony that must be pretty damn savory to those on the Religious Right that the same identity [...]
