Buying Gold? Caveat Emptor
On previous occasions, I’ve made the point that gold prices are going up and that, in times of uncertainty — as, for example, when the Federal Reserve is pursuing a clearly inflationary policy — gold is a good investment. (Did I mention the DJIA lost 251 points this past week?) The title of my most recent post on […]
‘Imperative’ That You Keep Paying Taxes for Crappy Radio You Don’t Listen To!
Never mind that you’re underwater on your mortgage and worried about losing your job, you must — absolutely must — keep paying taxes for the benefit of National Public Radio employees: “It’s imperative for funding to continue to ensure that this essential tool of democracy survives and thrives well into the future.” The co-chairmen of […]
Irish Eyes Aren’t Smiling
If this doesn’t worry you, it should: European shares were expected to fall for a third straight day on Friday, tracking losses in Asia and on Wall Street, with worries about Ireland’s debt levels and weak commodity prices seen putting pressure on equities. . . . “As for Europe, the deteriorating state of the Irish […]
You Should’ve Listened to Glenn Beck
Back in May, Rep. Anthony Weiner (D-N.Y.) made himself political point-man for a left-wing attack on Goldline — which just coincidentally happens to be one of Glenn Beck’s few remaining advertisers. (Beck’s show is the No. 1 cable news program in its time slot, but has lost advertising revenue because of the Left’s vitriolic boycott […]
Yglesias: Asking NIH to Get By On 95.7% of Its Current Budget? The Sky Is Falling!
“Dire consequences,” the Harvardian at Think Progress says, echoing predictions of “devastating” results from . . . uh, the director of the agency whose budget might get cut by 4.3%. No matter how serious the deficit, there will always be intellectuals who tell us that any proposal to reduce federal spending — even by a measly […]
What Liberals Never Learn
After winning in Kentucky last night, Rand Paul was talking to CNN’s Wolf Blitzer, who dutifully repeated a Democrat talking point: “What if they just raised taxes on the richest, those making more than 250,000 dollars a year?” In answering the question, Paul invoked a basic argument against class warfare as an economic policy: We […]
Quantitative Easing
by Smitty (via Donald Marron) This is very well done:Take it straight, take it sober: the country is in for a bumpy ride. The plutocrats whose plans suffer a setback today could very well afford to put a horse head in every bed, for small, wooden, PETA-approved values of ‘horse’. The Founding Fathers were deeply […]
TARP Watchdog Report: Administration ‘Manipulated’ Data to Hide AIG Losses
They tried to “hide the decline,” so to speak: In a scathing 338-page report released today, a federal watchdog exposes the failure of the 2008 Troubled Asset Relief Program (TARP) bailout and suggests Treasury Department officials engaged in a politically motivated attempt to hide losses at bankrupt insurance giant AIG with “manipulated” data. “Treasury should have disclosed that […]
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