paulson

How To Lose

November 3, 2010

There are a few truisms in politics. It is obvious that the Democrats have yet to learn them. It appears necessary to take them back for a review of PoliSci 101. Any nationwide election is multifaceted. This one was especially so. That means both the mistakes and correctives are many. I can cover them all but most [...]

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Don’t Miss This

October 9, 2009

Bill Moyers is one of the few serious, informative journalists on television. Rather than have you labor over my writing, I’m giving you a break. The bulk of this post consists of several paragraphs of transcript from tonight’s Bill Moyers Show on PBS. There is also a couple of minutes of video from tonight’s show. [...]

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Stupid Is As Stupid Does

July 20, 2009

We, as an electorate, apparently are not as astute as we would like to think when it comes to recognizing intelligence, or its polar opposite. The single-digit IQ of someone such as Senator Sessions is probably too obvious to warrant much more than a passing mention. Perhaps worth an extra moment’s attention is how ill-advised [...]

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Upside Down

February 24, 2009

A commentary by a noted economist. Reactions to that commentary on the Sunday talk shows. At first glance it appeared that the world had, overnight, turned upside down. First impressions aren’t always accurate. There was South Carolina Senator Lindsey Graham (John McCain’s BFF) willing to consider nationalization of banks. New York Republican Congressman Peter King [...]

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Decisions, Decisions

February 23, 2009

Actually, we don’t have a choice to make. It has been made for us and was never in question. We are going to save the bankers. Why? Because the bankers in government think exactly like the bankers, their friends, who are not in government. They all consider themselves and our banking system to be indispensable. [...]

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Guess Again

November 17, 2008

Are you getting a little dizzy? I think Hank Paulson was sober at his little press conference but I could be mistaken. Sober or stoned, it doesn’t really matter. He will hold another press conference as soon as he hears another ‘solution.’ The ‘Smartest Man in Washington’ has changed his mind again. Of course that [...]

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Missing in Action

November 11, 2008

Strange Bedfellows. A major battle has been going on and we didn’t even realize it. And coming to the rescue is that card-carrying member of the opposition: Bloomberg News. Who woulda thunk it? Bloomberg News has filed both a request under the Freedom Of Information Act and a lawsuit against the Federal Reserve. The issue [...]

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Tinkle-Down Economics

October 17, 2008

Being laid up with bronchitis isn’t pleasant. Thousands of thoughts race through my mind. Although I haven’t fully recovered, I just couldn’t wait. The absurdity of our present situation is so obvious. The lack of understanding of why it happened is not. The only thing that has relieved my misery has been laughing at the [...]

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Dig Deeper

October 4, 2008

Cheer up. You knew that you were the proud owner of the world’s largest insurance company. You may not have been able to afford insurance. Now, you may not be able to afford the insurance company. I bet you thought $85 billion dollars was a lot of money. It bought you 80 percent ownership in [...]

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Stupidity Times Timidity

October 1, 2008

The Senate is scheduled to vote today on a slightly modified version of the bailout bill. They now prefer it to be called a rescue bill, as though that made it better or more honest. All of those calls Congress has been receiving are against bailing out Wall Street but favor rescuing Main Street. It [...]

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