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The permanent bank bailout

September 26, 2009

Rep. Brad Sherman (D-Calif.), a CPA by trade, doesn’t like what he sees in the administration’s financial services reform bill. President Obama, to “reform” the system, actually proposes giving more money to Wall Street with less oversight than under the plan proposed by the Bush administration.

Your money is insured…maybe

August 15, 2009

Vox Day does some simple math: This morning, I went through and added up the estimated losses that the FDIC reports each time it seizes a bank. As of yesterday, the cumulative estimated cost to

Dude, where’s our cars?

June 1, 2009

This whole situation is even more bizarre than we thought. It’s like the United States government is caught inside the plot of The Hudsucker Proxy — a patsy has been put in charge to deliberately

Happy Tax Day–give joyously, says the liberal

April 15, 2009

It’s no surprise that this op-ed piece comes from a college prof in California: The Web is buzzing with information about how to throw an anti-Obama Taxpayer Tea Party, something organizers hope will be held

Fast Lane to Babel

April 4, 2009

PRESIDENT OBAMA called the G-20 summit a “turning point” in the recovery of the global economy. It was indeed a turning point, but perhaps not one he’s aware of–or at least not one he’d admit

Like we didn’t see this coming

April 2, 2009

President Obama continues to fulfill my prediction that true progressives will be the most disappointed by the man who promised change. All one had to do to see this was look into who wrote his

All your bucks are belong to us

April 1, 2009

Our elected leaders have committed about 100% of our annual GDP to bail out the banksters who rolled the economy: The U.S. government and the Federal Reserve have spent, lent or committed $12.8 trillion, an

Atlas bugged

March 28, 2009

A defender of Ayn Rand leapt to her defense within hours of my post last night about the appearance of her ponderous tome Atlas Shrugged in three spots on’s Top 10 Fiction chart. He

The cult of Rand resurgent

March 27, 2009

Ayn Rand’s Atlas Shrugged is, thanks to the wonder of multiple additions, right now numbers 1, 6, and 8 at’s list of best-selling fiction in the U.S. This is hard to figure. The novel

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