The Other McCain

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

GM Offers $5,000 ‘Signing Bonus’ as Part of Deal With Union That Owns GM

The details of the $50 billion government bailout are sort of foggy in my memory, but if I recall correctly, GM’s bondholders — the people who had loaned money to the bankrupt automaker — got shafted so that Obama could hand a fat chunk of the company over to the United Auto Workers. OK, so […]

‘Pass This Bill!’ Or … Dont.

Not exactly news from Washington: President Obama launched another wave in his assault on Congress over his jobs bill Saturday, using his weekly radio address to urge Americans contact their representatives in support of the legislation. . . . Obama urged his audience to visit the White House website and read the bill for themselves. […]

Solyndra as Symbol and Metaphor

“Where are you going to find a nickel’s worth of business sense in an administration where there’s no private-sector experience? And caution is for lesser mortals, not The One and his chosen crew.” — Glenn Reynolds, “SolarGate Update” The half-billion deficit dollars pissed away on a bankrupt boondoggle of “green jobs” may become the scandal […]

Herman Cain Slams Obama on Jobs: ‘Zero Leadership, Zero Plans, Zero Results and Zero Understanding of Basic Economics’

From the Atlanta businessman’s presidential campaign: “We learned today that not a single job was created during the month of August in the United States of America. In the land of endless opportunity and abundant freedom, the very promise that has inspired generations of industrious and innovative people seems to be dwindling away. After trillions […]

‘Missed It By That Much, Chief’

Drew M. at AOSHQ reacts with an old Maxwell Smart line to the “unexpectedly” news about August unemployment, as live-blogged this morning by the Wall Street Journal‘s Mark Gongloff: The consensus [expectation was] for 70,000 new payroll jobs and a 9.1% unemployment rate. . . .Payrolls were [unchanged]! Zero jobs. Unemployment came in at 9.1%. . . […]

Does Anyone Else Remember …?

During the mid-term election campaign last fall, nearly every GOP congressional candidate was slammed by attack ads accusing them of favoring “tax cuts for companies that ship jobs overseas.” That accusation was made routinely (and misleadingly) against Republicans who had signed a no-new-taxes pledge from Americans for Tax Reform: Millionaire Tim Burns: Supporting Loopholes That Ship […]

Consumer Confidence Sags; Fed Wants More Stimulus; Gold Gains $38 an Ounce

The relationship between these factors is not entirely coincidental: Gold prices soared Tuesday as Chicago Federal Reserve Bank President Charles Evans called for further monetary easing. The rally continued in after-hours trading after the Fed’s latest minutes from the Federal Open Market Committee meeting in August showed a growing number of presidents calling for more […]

Against Radical Egalitarianism

A friend responded to my earlier post about the so-called “gender gap” with an e-mail pointing out several other statistical problems in that feminist argument. Replying to my friend’s e-mail, I found myself elaborating an argument that eventually reached nearly 1,200 words. Because it explains a lot of the fundamental principles involved in my political […]

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