The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

More Economic Reality

President Obama’s biggest obstacle? Arithmetic: The increase in jobs highlighted in the nation’s most recent unemployment report carried the sound of economic promise, but Obama administration officials said Sunday that the public shouldn’t expect any dramatic improvement in the jobless rate, largely because of the effect of thousands of “discouraged” unemployed people who have resumed […]

Alex Giannoulias and the Chicago Way

Guy Benson at National Review: Alexi Giannoulias is a young, exceedingly ambitious politician with extensive ties to the very worst elements of the sordid Illinois Democratic machine. (With impeached/indicted former Governor Rod Blagojevich and convicted felon Tony Rezko in the mix, the TV commercials practically write themselves) . . . The Chicago Tribune: The family […]

As If the Media Needed Another Reason to Hate Sarah Palin

She’s now getting rich in their line of work: [S]he has tunneled her own route into the public consciousness and gone into the Sarah Palin Across America business. And what a business it is. She was paid a $1.25 million retainer by HarperCollins. Her book, “Going Rogue,” has sold 2.2 million copies, according to its […]

Why I Think ‘Settled Law’ As An Excuse For Federal Over-reach Is Insufficient

by Smitty Watch Madame Speaker crow about ‘taking this country in a new direction’ in this clip (via lr3031 on Twitter). Article V of the Constitution is far from magical: The Congress, whenever two thirds of both Houses shall deem it necessary, shall propose Amendments to this Constitution, or, on the Application of the Legislatures […]

Celebrity Meltdown Update

Because of incessant political crises since Jan. 20, 2009, we haven’t been keeping up with the paparazzi-plagued faces of fame as much as we’d like, so let’s see if we can fill the gap: A moving van was seen hauling furniture and boxes out of the home once shared by Sandra Bullock and Jesse James. There has […]

Economic Stimulus Meets Education

by Smitty Engadget reports on a provision just discovered buried in a paragraph in the ObamaCare legislation, right at the end of the Federal takeover of education, but before the part where they take over the industry that designs synthetic hairballs for ceramic kittens: Yes, your government, in the name of teaching children how to […]

Are Big Banks ‘Too Big to Fail,’ Or Are They Just Too Complex to Regulate?

Taking as an example the 2008 bankruptcy of Lehman Brothers, Steve Randy Waldman at Interfluidity examines the difficulty of measuring the solvency of major financial institutions that deal in complex instruments. It’s that “Knowledge Problem” that Professor Reynolds warned about.

Tea Party Alert: Harry Reid Will Launch Three-Day Nevada Bus Tour Monday

A friend in Nevada just called to alert me to this news: On Monday, the politically vulnerable Democratic majority leader of the Senate plans to hit the road from his hometown of Searchlight for a three-day bus tour . . . “This bus tour is a great opportunity for me to visit and hear from […]

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