Archive for May, 2008

Democrat Admits “Stretched the Facts” on Iraq

This video from Rep. Paul Kanjorski should irritate an already cynical public especially those who voted for Democrats in 2006 because they thought they would end the Iraq War. Kanjorski told constituents they exaggerated.

Ace is right. By the the Bush bashers’ logic Congressional Democrats are as culpable for death and destruction in Iraq as the […]

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Economics Links–05.22.08

Filed under Economics

William Issac doesn’t see the banking industry in crisis but wants a debate on whether the Federal Reserve needs to be constrained in how it helps troubled companies.
The House of Representatives found a great idea for high gas prices: sue OPEC on anti-trust grounds.
John Hofmeister, president of Shell, lectured Senators about the laws of supply […]

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Obama’s Portland Musical Support

Filed under Music, Economics

I’m not sure what the point is in trying to figure out what percentage of the people at Sen. Obama’s rally in Portland was strictly for the candidate and what percentage came to see The Decemberists. I also heard last weekend was the first really nice one in Portland so many people came out simply […]

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Politico Reports Obvious: Obama Outraising McCain

Sen. Obama is outraising Sen. McCain. Yup. The Politico thinks that’s news. Hey, Jeanne Cummings, it’s been happening all year. You’re company’s been reporting that.
While McCain continues doing Bush-style near-daily fundraisers, Obama will use the internet and his passionate supporters to run circles around him.
“Obama Sets Sights on McCain in Fundraising War” [via memeorandum]

Save and […]

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Moody’s Computers Err in Rating Debt

Filed under Economics

Debt ratings agency Moody’s took a huge credibility hit when it was discovered a computer glitch gave billions in debt instruments investment-grade status. Moody’s didn’t correct the error immediately once the error was found:
The ratings agency Moody’s Corp. mistakenly gave triple-A ratings to billions of dollars worth of debt products but didn’t lower the […]

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Economics Links–05.21.08

Filed under Economics

Some Senators think pension funds and other institutional investors are part of the cause in rising energy prices. Since those funds admit they’re hedging against inflation the Fed should come under more scrutiny.
A continued weak housing market, tight credit markets, and high energy and food prices highlight Federal Reserve Vice Chairman Donald Kohn’s speech in […]

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Obama-Clinton Ticket?

A roommate was watching a movie so I missed Sen. Obama’s speech tonight. No big loss. The Obama campaign will send out a link to the video tomorrow. I did end up missing Obama saying nice things about Sen. Clinton:
One of the most formidable candidates ever to run for this office….In her 35 years of […]

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Jonah Goldberg Coming to Milwaukee

Filed under Books, Wisconsin

Jonah’s actually coming to a Wisconsin Club for Growth event 05.29 in Hartland. It should be interesting. If I were in the area I’d mark it on my calendar.

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More Doubt About Michelle Obama Video

Based on his reading of her college thesis Ed Morrissey also doubts there’s an October Surprise video of Michelle Obama giving a speech at her church decrying “whitey.”
In the paper, she started off with some hard-line hypotheses, but found the truth more subtle and moderate. She certainly could have gotten more radical in her beliefs […]

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Yes, We Can Talk About Candidates’ Spouses

The Washington Examiner editorial board gets it right about the scrutiny Presidential candidate’s spouses should justly receive. Just like Sen. Obama can’t claim Michelle Obama is off limits to what she says on the stump Sen. McCain can’t use the privacy argument to keep Cindy McCain’s income under wraps:
It is unfair to voters for the […]

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Obama Ignores Local Union Corruption

If Sen. Obama wants to be a change agent he could start in his backyard of Chicago. Instead, he gives a blind eye to labor union corruption and makes a deal with the Teamsters:
The Wall Street Journal recently reported that last summer, Illinois Senator Barack Obama told officials in the Teamsters union that he favored […]

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General Encourages Weblogging; Weblog Causes Trouble in Yemen

Filed under Weblogging, War

A couple stories on weblogs came across my radar the last few days. First, Lt. Gen. William Caldwell, head of the Combined Arms Center [CAC] and Ft. Leavenworth has assigned his faculty and students to weblog:
Lt. Gen. William Caldwell, who heads the Combined Arms Center [CAC] and Ft. Leavenworth, told his soldiers in a recent […]

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Economics Links–05.20.08

Filed under Economics

Without the oil companies the S&P 500 would have had its worst profits drop in a decade.
A more multi-polar world means the global economy doesn’t automatically go into the tank if the U.S. or Europe does.
Congratulations. Yesterday, your work finally paid for this year’s government spending.
James Pethokoukis has five ideas to boost the economy.
The buffet […]

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Schwarzenegger “Rebranding” Ignores State Budget Troubles

Before Gov. Arnold Schwarzenegger talks about “rebranding” the GOP he should get California’s budget house in order:
Gov. Arnold Schwarzenegger’s plan to help close the state’s budget shortfall by borrowing $15 billion against the future profits of a modernized and expanded lottery is overly optimistic and could exacerbate the state’s financial problems, according to the Legislature’s […]

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A Michelle Obama October Surprise Video?

Clinton supporter Larry Johnson claims he knows the Republican’s “October Surprise.” Supposedly there’s video of Michelle Obama railing against “whitey” in Rev. Jeremiah Wright’s church. That’s why Sen. Obama lashed out like he did this morning.
I’m skeptical.
If the video exists it won’t stay hidden until the fall. All it takes is one digital copy to […]

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