Naked Capitalism is a great financial/economics blog written by Yves Smith. I consider it a must-read for anyone who is suspicious of the directions that the various financial system bailouts are taking. But up until a post today, I didn’t realize that I shared her feelings on and take on recent American political history. I’m […]
I’d like to point all interested people to a new group, the Peoria Humanist Society. They also have a Meetup group. Thanks to Richard for getting this started!
From ABC’s The Note. Apparently the 18th Congressional district still has LaHood-era earmarks headed its way in the spending bill that Congress is working on. Hat tip to my mom, actually, for bringing this to my attention. Apparently these earmarks are getting mentioned on national TV, too. Update: The Peoria Chronicle has a lot more.
As a follow-up to my previous post, it’s important to keep in mind what the real threats are to your life and limb. Check out this article from Reason. And, check this out from the Peoria Journal Star. I had no idea that flooding was the most deadly kind of weather.
The Bush administration turned out to be the wrong people in the wrong place at the wrong time, and we, our Constitution, and people across the world suffered for it. Now, thanks to some newly released legal memos, we can see that it was as bad as we actually thought. In my (very few) sympathetic […]
From the New York Times over the weekend: It seems that “socialist” has supplanted “liberal” as the go-to slur among much of a conservative world confronting a one-two-three punch of bank bailouts, budget blowouts and stimulus bills. Right-leaning bloggers and talk radio hosts are wearing out the brickbat. Senate and House Republicans have been tripping […]
Jeez, I’ve been linking to the Wall Street Journal a lot lately, but they’re the only ones reporting right now that the Chinese automaker Geely is apparently going to try to buy the Volvo brand from Ford. I am confident that Chinese automakers will eventually become a major force in the auto industry – even […]
My commenter The Intellectual Redneck has pointed out another Wall Street Journal article that makes the point that even 100% taxes on high-income earners won’t pay for the Obama budget. As I said in a comment, I’m not perfectly happy with the Obama budget. I like the numbers to add up. But I’m more than […]
This, from the Wall Street Journal: High-wage earners, Wall Street hedge-fund managers, oil-and-gas investors, corporate executives, well-to-do seniors and Washington lobbyists all take hits in President Barack Obama’s budget plan. The budget winners include middle-class families, low-wage workers, lower-income retirees, veterans, preschoolers, college students and the homeless. Now I guess we all have to decide […]
There are no “free” markets in the sense that “anything goes.” All markets operate within a set of rules. Sometimes those rules are implicit, like be honest or your reputation will suffer and you’ll find yourself unable to conduct business. Other times, the rules are explicit, like the requirements that financial institutions should have enough […]
Bill Poorman 