Happy Obama Day! Obama sworn in. Dow falls below 8,000, but it has nothing to do with Obama's inauguration according to the media. So this is how it's going to be. The press will apologize and excuse Obama every time something bad happens. How many times did the press, when reporting a disasterously low Dow point out it had nothing to do with Bush?
Iran could make a nuclear weapon this year.
Article details how big corporations including Microsoft and AT&T are using government to try and kill Google. This is another example of how dangerous it is for government to interfere in our markets. The reason Google didn't merge its adsense buisiness with Yahoo is a threat of an anti-trust suit from the Justice Department, so this campaign is having some effect.
Russia piping gas to Europe again - for now.
Mises scholar explains how marketplace regulations inevitably hurt society's disadvantaged and promote inequality.
Goldman Sachs, producer of our wonderful Treasury Sec. Paulson, says the Fed's zero percent interest is way too high. Having money grow on trees is not good enough for Goldman Sachs. They want somebody else to bundle it and deliver it to them in wrapped in a bow. We're suffering from mass insanity.
Bush commutes sentences of 2 border patrol agents convicted of shooting a drug dealer.
So Obama gave Biden the choice of VP or Sec. of State. I'm sure Hillary is fuming that that got out.
Is anybody surprised that the Bushes are leaving the White House with class and without stealing items like the Clintons?
Mason school superintindent basically warns against criticizing Bush or Obama. I guess he mistakenly considers silencing critics to be an American value.
44 percent of Americans say climate change is the result of planetary trends compared to 41 percent who think it is caused by human activity. We're slowly but surely winning the battle for hearts and minds against Al Gore's climate frauds. I just hope Congress doesn't do anything stupid anyway. Wishful thinking I'm sure.
China is much better positioned to deal with this recession because the government spends little, the people save much of their income, and the government is allowing failed businesses to actually fail. China's success stems directly from embracing free markets. Once again, the Chinese used to be communist government shows they are much smarter than the US government.
Tuesday, January 20, 2009
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