Sec. of Treasury Paulson calls this a "humbling time" for America. I hope the American people don't fall for that bull****. The American people have no reason to be humbled. This is a humbling time for the socialists, the central planners, the government aristocrats who think they can run our financial markets, our economy and our lives better than the American people can themselves. Since Paulson is one of the people, he should be humbled, like the leaders of every socialist nation before ours. This financial crisis is the result of socialists and the corrupt inherent in socialism, not the result of the American people, the private sector, or free markets.
Contrary to what the government aristocrats want us to believe by making up their phony budgets then hiding the costs of government in other bills, our military budget is over $1 trillion.
We'll see if the weak, inept Pakistan government effectively targets terrorists. So far all they've wanted to do is negotiate with them, and all got them was more terrorism.
Israeli PM Olmert to resign.
Hacker who hacked Gov. Palin's personal email account busted.
Obama concedes North Dakota to McCain and pulls out staff.
William Buffet has invested $500 million in Sapphire Energy.
Stonehenge accurately dated to 2,300BC.
The Copernican principle suggests that evolution is best understood by examining what is old, not new. This principle should dominate science fiction. And I think romance novels will last the longest.
The audacity of comparing Barack Obama to Martin Luther King Jr.
I don't think Bush's ideology has shifted. He was a socialist when he first entered office, and he's a socialist now.
Celebration for the seriousness of also-rans and 3rd party candidates, gathered by Ron Paul, to agree on serious policy issues. It's nice to see a conservative with a forum pointing out that conservatives better court libertarians and work with liberals on important issues.
George Will complains that the Wall Street bailout is expanding into a Detroit bailout, and he has nice words for Cato.
Michael Barone reports that the longstanding trend that bad economic news is good for the party contending for the presidency isn't holding in this case because the financial crisis is too complicated for sound bites and voters fall back to what's immediately important to them.
Columnist explains the problems and offers alternatives to this gigantic, socialist buyout of bad loans and more. Bush and Paulson's plan sounds like the nuclear option to me, and Democrats want a couple more nukes added in. I'm happy to see some people offering some more limited ideas.
Sunday, September 21, 2008
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