Monday, December 1, 2008

Happy Christmas: Bailout!

Wait! We're calling it the rescue bill. But all around the media it's still called a bailout. Look for close to a trillion dollars in combined rebate checks, money for infrastructure repair, a plan for green auto makers, and other new programs. We won't get our checks till spring, but hey. Also in... Sign in to see full entry.

Friday, November 28, 2008

Mumbai Attack Origin and Strategy Clear

They weren't angry because they changed the name from Bombay to Mumbai. But it is clear that the attackers are mujahadeen. If they are from Pakistan, Afghanistan, Iran or India, the result is the same. The attack on Mumbai enflames tensions between Pakistan and India. That accomplished, the... Sign in to see full entry.

Wednesday, November 26, 2008

Clinton Going Loggerheads with Putin, as SecState

I'd forgotton the remark Hillary made about Putin not having a soul. She was talking about how she would have handled foreign policy diffently than W. Bush. Putin's retort proved her to be correct. He said: "At a minimum, a head of state should have a head," Now, as Secretary of State, if she is,... Sign in to see full entry.

Tuesday, November 25, 2008

Chavez Supporters Suffer Defeat in State and Municipal Races By SIMON ROMERO Published: November 24, 2008 President Hugo Chávez’s supporters suffered a stinging defeat in several state and municipal races, with the opposition gaining control in several important footholds. -NYT I was reading about... Sign in to see full entry.

Monday, November 24, 2008

Stabilizing the Markets

It seems unreal to think that the mere announcement of an economic team can send the market up eight hundred points in two days. Time will tell if this is still the rollercoaster, or if the unveiling of Obama to the public has done this. Of course Citibank, whose travellers' checques I took to... Sign in to see full entry.

Sunday, November 23, 2008

FDR Innaugural Address Blamed Bankers

In his "nothing to fear but fear" speech, FDR referred to the nation's loss of wealth. He decried the ill-intentioned in the banking industry for reckless gambling. It sounded as if he were referring to today's situation. I couldn't help but wonder if leveraging and hedge funds were the cause for... Sign in to see full entry.

Friday, November 21, 2008

On Kennedy's Last Full Day

Speaking of the most recent space shot, the president in 1963, the afternoon before he left for Dallas, told how we were committed to space research. Speaking in Florida, JFK said that as the richest nation on earth, the United States should be a leader in the last frontier. He quoted an author who... Sign in to see full entry.

Thursday, November 20, 2008

Chavez Running Scared in Tomorrow's Venezuelan Elections

It was interesting to me to read the report of John Thomson, National Review, who had traveled to Caracas recently. Evidently the city of six million has been overrun by the poor from the countryside. The proud cattle industry is in shambles and the national herd decimated. The government has... Sign in to see full entry.

Wednesday, November 19, 2008

How Obama Manages Reid and Pelosi

The fun has started! Harry Reid, red meat Democratic leader in the Senate, last week went after Joe Lieberman. He wanted revenge for Lieberman's revenge. Joe was abandoned by his fellow Democrats in his re-election bid - as an Independent. He supported his friend John McCain for president by... Sign in to see full entry.

Tuesday, November 18, 2008

Eric Holder for Attorney General

As a Republican, I had waited and waited for someone to notice what the Clinton Administration did with the final weeks in office. The pardon of Marc Reich was the most evident of the "selling of pardons" if that's what you want to call it. No one said anything. Nothing was done, and Bill gave a... Sign in to see full entry.

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