Archive for June, 2008

FISA Dissent from Obama Supporters

Before people go ga-ga over Obama dissenters using MyBarackObama to organize against the FISA bill let’s see some actual numbers take part. When that happens lets see if Obama would actually listen and change his stance. Then things change and not for the better.
It’s great that the Obama campaign has enough self-confidence to tolerate […]

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Clark as Clumsy Obama Surrogate

Put aside for the moment the Wesley Clark’s attack on Sen. John McCain’s war record. I can’t imagine the Obama campaign feeling good about his performance on Face the Nation. One of his talking points was Obama has superior judgment. Clark mentioned that at least four times. Does that judgment include befriending convicted felon and […]

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Economics Links–06.30.08

Ron Haruni is tired of the “blame the speculators” talk about high oil prices. Blame oil production that’s been flat since 2005 with an ever-increasing demand for the black stuff.
We could expect financial firms with credit card operations to take hits.
High energy prices has Proctor and Gamble rethinking its supply chain designs.
One way to reduce […]

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McCain Vulnerable to Economic Smears

For the most part this minor hubub about Sen. McCain pumping his own gas and not remembering the gas price is a manufactured smear by Think Progress. The reporter passed on a question from a reader which referred to the gas price the last time McCain pumped his own gas. The Arizona Senator admits he […]

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Obama, When Does Life Begin?

The Family Research Center’s Tony Perkins asks Sen. Obama that fundamental question.

We know that even after hearing and seeing testimony Obama voted against an Illinois bill that would have given medical protection to living babies who survived abortion attempts. I’m sure the Senator would answer Perkins’ question like this: “When does life begin? Whenever the […]

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Freaking Out on the Economy

Filed under Economics

Run to the hills. Yesterday’s stock market drop freaked the bejeezers out of the Washington Post’s Steven Pearlstein:
So much for that second-half rebound.
Truth be told, that was always more of a wish than a serious forecast, happy talk from the Fed and Wall Street desperate to get things back to normal.
It ain’t gonna happen. Not […]

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Private-Equity to Recapitalize Banks

Filed under Economics

After the subprime mortgage debacle banks are looking for more capital to replenish their coffers. That would get them back into the lending business which should help pump up the stagnant economy. So far the main sources of capital have been stock sales and CEOs running around the globe asking for cash from sovereign wealth […]

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Kos Can’t Fathom Conservatives

Filed under Politics

Doe Kos know any conservatives? Does he want to? Probably not since he thinks we’re all “neanderthals.” And doing so would mess up the prejudices he has towards us.
If anyone is scared of the “other” it’s Kos and his ilk.
I’d go into a long, drawn-out post countering every single Kos claim, but he ain’t worth […]

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Obama Contradicts on DC Gun Ban and Still Looking for Good Help

I’m going to give Sen. Obama a tiny bit of cover. I have heard him say he thinks the Second Amendment notes an individual’s right to own a gun. That’s the heart of Justice Scalia’s majority opinion. However, in February Obama thought the DC gun ban was constitutional only to claim now he didn’t. I […]

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Economics Links–06.27.08

Filed under Economics

While yesterday’s Wall Street plunge showed the economy isn’t so hot HazZzMat doesn’t want the MSM to make things worse than they are.
James Pethokoukis certainly isn’t touting the “U.S. is in a recession” meme. Revised economic numbers back him up.
One reason the economy hasn’t been worse has been increased exports. Dan Griswold thinks we should […]

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Death of the Suburbs

Before we go and declare the end to the suburbs and workers putting up with long commutes only to embrace their mass transit inner child lets see what happens when the economy starts picking up. That hour-long commute with the triple-digit fill up will feel better when the person doing it can better afford it […]

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Economics Links–06.25.08

Filed under Economics

It’s assumed the Fed won’t do anything with interest rates. What will be looked at is what the central bank says about inflation and the economy.
Home prices continued to fall in April.
A mortgage bailout bill is slowly making its way through the Senate, passing an important procedural vote.
Richard Bitner’s Confessions of a Subprime Lender is […]

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$300 Million is Incentive Enough

Matthew Yglesias doesn’t think Sen. John McCain’s $300 million prize for improved automotive batteries:
On top of all that, $300 million seems preposterously low. A good electric car battery would earn you way more money than that in the course of things. For a prize to make sense, the scale of the prize needs to be […]

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Greenspan Says U.S. Near Recession

Filed under Economics

Former Federal Reserve Bank chairman Alan Greenspan told a South African audience the U.S. had a 50-50 shot at going into a recession:
Asked if the U.S. economy was in recession, Greenspan said: “We are on the brink.”
A quick recovery was unlikely, he said via video link to a conference in Johannesburg. “A rebound at this […]

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Paul Ryan’s Roadmap

Today at the Conservative Bloggers Briefing Rep. Paul Ryan (R-WI) talked to us about his “roadmap” that addresses out-of-control spending, entitlement reform, and tax reform in a comprehensive way. He told us the federal government is on a path to taking 40 cents out of every dollar just to pay for all programs. Echoing Fred […]

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