Bush requests $700 billion to buy up questionable mortgage securities. I wonder what $700 billion in spending Congress will cut from the budget to make up for it. The WSJ explains the reasons for and the risks involved in the government intervention in the financial markets. This is way too much power for government. There had to be a solution that didn't involve this extreme government intervention, but I seriously doubt any of the socialists in Washington even considered a market-based solution.
Giant truck bomb kills 40 in Pakistan. The terrorists said the bomb is a warning for Pakistan's government to stop cooperating with the US. Some cooperation we've been getting.
Obama pays women, on average, 78 percent of what he pays men. NOW claims this is because men have higher positions in Obama's office. McCain pays women, on average, more than men. That's because women have higher positions in McCain's office. McCain clearly treats women better than Obama, giving them more responsibility and compensating them for it, but NOW prefers Obama.
John Stossel and Thomas Sowell talk about racial identity and racial privilege.
Article claims fired trooper-gate public safety commissioner was a wife beater. The scandal in this case is that Palin didn't outright fire either of these creeps.
Steve Forbes explains mark-to-market accounting and the major role its playing in the credit crisis. He has some suggestions to fix the problem, but those are mute since Bush and Paulson have unveiled the biggest socialist bailout in history. He also celebrates a great 20th century economist, Joseph Schumpeter, who explained the importance of entrepreneurs.
Pretty funny McCain/Palin slogans. If somebody did slogans like these for Obama/Biden, the press would howl about racism.
Astronomers photograph what appears to be the first extra-solar planet orbiting a star.
Anti-war attorney pleads guilty to keying Marine's car.
Saturday, September 20, 2008
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