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Posted by William A. Jacobson on February 20, 2009 3 Comments
There’s an old saying on Wall Street that a bear market has not bottomed out until the last bull capitulates. News flash. The last bull has capitulated. Me. I’m a true believer in capitalism and markets. There is no better measure of what an item...

Posted by William A. Jacobson on February 19, 2009 0 Comments
The headline of an Op-ed on the website of The Guardian newspaper, the left-wing British newspaper, started out promisingly enough: “Hamas No, Human Rights Yes.” The sub-title was even better: “Why are the left and the anti-war movement ignoring Hamas’s repression of the Palestinian people?”...

Posted by William A. Jacobson on February 18, 2009 0 Comments
Roland Burris has offered changing accounts of his communications with emissaries of former Illinois Gov. Rod Blagojevich in the weeks leading up to Blagojevich’s appointment of Burris to Barack Obama’s open Senate seat. These changing accounts, including an updated Affidavit filed by Burris with the...

Posted by William A. Jacobson on February 17, 2009 4 Comments
“This is the worst economy since the Great Depression!” How many times have we heard that phrase in the past six months? Put aside that by almost every measure (particularly the unemployment rate) that statement is outright false. Nonetheless, that argument is used to justify...

Posted by William A. Jacobson on February 17, 2009 0 Comments
Caroline Glick, who writes for the Jerusalem Post, is the most astute observer of the looming Iranian menace, and the pathetic refusal of governments in Israel, Europe, and the U.S. to address the problem. Visit her website. I love Glick’s description of her background, which...

Posted by William A. Jacobson on February 17, 2009 3 Comments
The deer population in greater Ithaca, NY, is substantial. The tony Village of Cayuga Heights, adjacent to the Cornell campus and where many Cornell professors live, has a particular deer problem, and has been exploring ways of reducing the deer population. Because Cayuga Heights is...

Posted by William A. Jacobson on February 15, 2009 1 Comment
The Stimulus Plan already has created jobs — for people hawking get rich quick schemes, sorry I mean, providing shady advice for a fee on how to grab your piece of the stimulus pig-fest crap sandwich, sorry again, I mean providing professional advice on how...

Posted by William A. Jacobson on February 14, 2009 0 Comments
The New York Times is running a profile story on Eric Cantor, Republican congressman from Virginia, and House Minority Whip. By NY Times standards, this is a fairly soft piece; certainly not the hit job the Times has run on other Republicans. Nonetheless, the story...

Posted by William A. Jacobson on February 14, 2009 3 Comments
The day before the presidential election, when Barack Obama’s victory seemed all but certain, I predicted that I would be able to say “I told you so” about what lay ahead: When this bubble bursts, I will be able to say “I told you so.”...

Posted by William A. Jacobson on February 13, 2009 2 Comments
Democratic Senator Predicts None of His Colleagues ‘Will Have the Chance’ to Read Final Stimulus Bill Before Vote Et tu, Senators Collins, Snowe and Specter?

Posted by William A. Jacobson on February 13, 2009 2 Comments
Good news. Israel opens the border crossing with Gaza — in between missile attacks from Hamas — to allow the export of tens of thousands of carnations. Wait a second, I thought Gaza was a wasteland on the verge of humanitarian catastrophe (along with the...

Posted by William A. Jacobson on February 13, 2009 3 Comments
The withdrawal of Judd Gregg as nominee for Commerce Secretary has revealed, once again, the nasty side of Barack Obama. At his news conference, Gregg went out of his way not to criticize Obama, simply explaining that he could not give “110%” in service to...

Posted by William A. Jacobson on February 11, 2009 1 Comment
Now I know for sure what Congress and the Obama administration think of us. Reports indicate that the “compromise” stimulus bill will be $789,000,000,000. Why that number? Because it’s not $800,000,000,000. Whew, that makes me feel better. It’s not $800 billion. I’ll buy it. Think...

Posted by William A. Jacobson on February 11, 2009 1 Comment
We are witnessing the disrobing of the Obama aura in a spending-drenched feeding frenzy befitting hungry pigs at a wet, putrid trough. The fierce urgency of now has become the fierce urgency of sow. Camille Paglia sums up these first three weeks of the Obama...

Posted by William A. Jacobson on February 10, 2009 0 Comments
The Democratic “stimulus” plan is packed full of all sorts of goodies. Just today, everyone is finding out that someone slipped in a provision to anoint a national health czar. Senator Arlen Specter, one of just three Republicans to support the bill, expressed surprise upon...

Posted by William A. Jacobson on February 10, 2009 2 Comments
At his press conference last night, Barack Obama singled out Elkhart, Indiana, as a place of special gloom and doom: I took a trip to Elkhart, Indiana, today. Elkhart is a place that has lost jobs faster than anywhere else in America. In one year,...

Posted by William A. Jacobson on February 09, 2009 8 Comments
Barack Obama held his first press conference as President tonight. With the “stimulus” plans on the table at the House and Senate, the press had an opportunity to show that it no longer was slobbering over Obama. The press failed. Not a single reporter challenged...
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