Mahamed El-Erian is the well-regarded CEO of PIMCO, which manages investments for client accounts and is one of the world’s largest bond investors. In a tweet not long ago, El-Erian posted his outlook for our economy:
This outlook puts us squarely on the European track, as I noted
long ago in
U.S....
Some more thoughts on the worst piece of legislation “since the Great Depression,” in no particular order:
At first, I thought this was a hoax, so I held off posting. But apparently it is for real, University of Ottawa’s letter to Ann Coulter.
I am reprinting it in full, because it is a paradigm of intolerance of opposing conservative viewpoints under the guise of promoting freedom of...
Last night was bad. The law passed by the Senate and House really is that horrible.
But it’s the morning after, and your mourning should be over.
The mainstream media and the nutroots will try to demoralize you, and there will be plenty of gloat to go around.
But remember how we got to...
David Frum knows who is to blame for what appears to be an Obamacare victory: Conservatives who refused to negotiate with Democrats even though Frum admits he has no idea if such negotiations would have resulted in a better bill.
I do know. The bill which appears likely to pass in a...
The housing bubble peaked in 2005. The bubble reflected a fiscal lack of reality built upon the greater fool theory, that there always would be another buyer foolish enough to pay more.
Anyone who has read this blog before knows that since last summer I have focused on the mandate as the core evil in the various incarnations of the Democratic restructuring of the health care system.
So much else that is wrong in the current bill set for vote today stems from the...
On March 14, 2010, Marine Corporal Jonathan Daniel Porto was killed in Afghanistan.
Every loss of one of our soldiers is tragic, but this tragedy has hit home because Cpl. Porto’s wife has posted about it at her blog, ...
Iran is killing American and coalition soldiers in Afghanistan.
And not because Israel issued a building permit for more homes in an already Jewish neighborhood of Jerusalem.
As reported by the Times of London, Iranians
train Taliban to use roadside bombs:
TALIBAN commanders have revealed that hundreds of insurgents have been trained in Iran...
I realize that the truth behind Obamacare’s numbers really doesn’t matter to Democrats, and anyone reading this probably is part of my choir, but I’ll continue my almost year-long preaching anyway.
Barack Obama pitches the Senate health care bill as the greatest deficit reduction plan...
“Deem and Pass” is dead. There will be an up or down vote on the Senate bill in the House.
But not until the House passes amendments to the Senate bill
before it passes the Senate bill:
House leaders have decided to take a separate vote on the Senate health-care bill, rejecting...
Back in November 2009, when the House passed its version of Obamacare, I wrote that Nancy Pelosi had obtained victory at the cost of planting an abortion land mine in the form of the Stupak Amendment.
No Stupak Amendment, no House “Yes” vote in Novem...
The lies behind the Obamacare push resemble birds flocking together and fish swimming in schools. By throwing forward so many falsehoods as to the supposed benefits of Obamacare, it confuses attackers and makes it harder to isolate any one lie.
Firedoglake, which stands almost alone in exposing Obamacare from the left, has...
Chuck Schumer and Lindsey Graham have put forth the outlines of an immigration plan, which has been endorsed by Obama as the basis for immigration reform.
While there is no legislative text, as described by Schumer and Graham, the key is that illegal aliens automatically would gain legal status if they followed...
Nancy Pelosi announced yesterday how pleased she was with the precision of the CBO report on the cost of Obamacare. It would be easy to laugh out loud if so much were not at stake.
Nancy Pelosi has no credibility to lose, so she did no harm to herself. The tactics Democrats...
