Sen. John McCain’s advisor Charlie Black gets caught for being a little too straight with his straight talk:
But he starts by deftly turning the economy into a national security issue – and why not? On national security McCain wins. We saw how that might play out early in the campaign, when one good scare, one [...]
A Federal Housing Administration program is letting home builders and sellers pay for down payments. This allows buyers to get mortgages with little of their own money down. The FHA says these “borrowers are two to three times as likely to default on their payments when they receive a down payment from a nonprofit.”
A Club [...]
Three years ago today the Supreme Court came down with their awful Kelo decision making it okay for governments to use the power of eminent domain for private economic development. The Institute for Justice has been on the case since the start and could use a donation or two to help continue their defense of [...]
Eyeblast.tv travels down memory lane to a time the Left doesn’t want voters to remember: President Jimmy Carter and high energy prices.
Save and Share:
President Bush’s tax cuts gave all those who pay taxes a tax cut at the same time the wealthy paid a greater share. [via Greg Mankiw]
Because they’re looking for higher returns and diversification China is planning ways to buy stakes in foreign companies. but they want to do it in ways that minimize political flare [...]
Twitter is buzzing with news of comedian George Carlin’s death:
Comedian George Carlin, a counter-culture hero famed for his routines about drugs and dirty words, died of heart failure at a Los Angeles-area hospital on Sunday, a spokesman said. He was 71.
Carlin, who had a history of heart problems, died at St. John’s Health Center in [...]
Tom Brokaw will be filling in for the late Tim Russert on Meet the Press. That makes sense since he’s got the most gravitas in the NBC stable. At least the network wasn’t dumb enough to hand things over to Chris Matthews or Keith Olberman.
Save and Share:
Rising food and energy prices have hit a Wisconsin staple: the Friday fish fry:
Serb Hall management is asking customers to swallow a nearly 60% price increase, from $9.50 to $14.95 for the standard fish fry. Officials have posted a special notice in menus, explaining to customers that they have experienced “record-breaking price increases.”
General manager John [...]
Sen. Barack Obama’s stance on the FISA compromise that passed the House has supporters irked. This post on My.BarackObama.com ranked high on the Lefty-fave social news site reddit.com. It amounts to this: If Obama doesn’t fight this I’m not giving him one more cent.
So. The new and even-worse FISA bill has passed the House. [...]
Sen. Barack Obama’s “new politics” bubble has burst in the punditsphere. On Obama not taking public funds for the general election Michael van der Galien writes,
It’s opportunistic, and from a political perspective Obama’s choice makes sense. After all, he’s able to raise so much money that he public funding would limit his options considerably.
However, [...]
It’s about time the Democratic-controlled House passed the FISA update. The sticking point about the telecoms getting immunity was solved by letting them explain to a federal judge that they received permission from the White House.
One Congressman who voted against the bill was Rep. Steve Kagen. He’d still rather fight terrorists on airplanes than make [...]
I’m all for experimenting with new technology. You don’t know the capabilities of a tool until you test it out, but I don’t have high hopes for the Obama-McCain Twitter debate organized by Personal Democracy Forum. Answers have to fit into Twitter’s 140-character limit. That’s about as far away from a Lincoln-Douglas or town hall [...]
Two former Bear Sterns hedge fund managers were arrested for fraud. [via Free Exchange]
Brad Setser sees the rise in oil prices and the dropping value of the dollar as due to a relatively sluggish U.S. economy.
Total workers’ compensation (not simply wages) does appear to be following productivity growth. [via Mark Perry]
Ian Dew-Becker and Robert J. [...]
In Sen. Barack Obama’s latest tv ad (running in Wisconsin), “Country I Love,” he touts his record (albeit limited) on taxes, welfare reform, and most interestingly, helping wounded troops. Take a look:
In the ad he says, “That’s why I…extended health care for wounded troops who had been neglected.” To back that up Public Law 110-181 [...]
Sen. Barack Obama walks back from his protectionist primary election talk.
Americas respond to high gas prices by driving fewer miles according to a new report.
A hedge fund trader who’s made a killing shorting subprime loans forcasts $1.3 trillion in credit write-downs.
May housing starts dropped 32.1% over 2007. Barry Ritholtz is right. This isn’t a bad [...]
