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Posted by William A. Jacobson on March 25, 2009 4 Comments
I have been waiting for this day, when one of the demonized executives at a bank or insurance company would tell Congress to “take this job and shove it.” The person singing this song today is Jake DeSantis, an executive vice president of the American...

Posted by William A. Jacobson on March 20, 2009 4 Comments
Note: This is a cross-post with Gay Patriot. I ask the question, they give the answer.—————————————————There is a peculiar, somewhat uniquely, Jewish phenomenon. It’s called worrying about what is “bad for the Jews.” Many have noted this phenomenon before, so I don’t claim originality here....

Posted by William A. Jacobson on March 13, 2009 3 Comments
Larry Summers, Obama’s chief economic adviser, says we must overcome the “excess of fear”: President Barack Obama’s top economic adviser said Friday the nation’s economic crisis has led to an ”excess of fear” among Americans that must be broken to reverse the downturn. National Economic...

Posted by William A. Jacobson on March 10, 2009 5 Comments
Adding to the disrespect shown visiting British Prime Minister Gordon Brown, the Brits are upset once again because the U.S. Department of Treasury is not answering their phone calls on preparations for the upcoming G20 Summit: The head of the civil service, Sir Gus [O’Donnell]...

Posted by William A. Jacobson on March 09, 2009 0 Comments
What to Do About John C. Yoo? That is the question posed in a Wall Street Journal Law Blog post. The post is quite fair and balanced; after all, it’s not a NY Times post. But the post does discuss a front-page NY Times article...

Posted by William A. Jacobson on March 04, 2009 1 Comment
Back in the day, when the alpha male Clinton roamed the White House, the high tech stock bubble grew, and grew, and grew. That bubble began to burst in March 2000, nine months before “W” took office, and caused the S&P; 500 to head almost...

Posted by William A. Jacobson on March 02, 2009 9 Comments
Obama’s fear mongering is well documented. Crisis, catastrophe, “since the Great Depression” and similar terminology are part of the plan to push through Obama’s agenda. But do the words cause economic harm, or are the words merely a reflection of a declining economy? In other...

Posted by William A. Jacobson on February 24, 2009 2 Comments
Second time this week, I’m in agreement with a NY Times columnist, at least on the language I quote if not the overarching Obama-maniacal subtext. First, it was Maureen Dowd writing on the cowardice of Eric Holder. Now David Brooks, warning that the administration’s economic...

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 15, 2009 2 Comments
Barney Frank has been on a rant over bonuses paid to bank executives. Frank asked one executive: “What is it you’d do differently if you didn’t get a bonus?” Bank executives are easy targets given the current economic climate. But don’t think Frank and others...

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 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...

Posted by William A. Jacobson on February 09, 2009 2 Comments
As an early teen, I was fascinated with Abbie Hoffman’s “Steal This Book.” The book, by the 60’s radical Yippie, was a guide to using the capitalist system to destroy the capitalist system. Hoffman gave advice on how to cheat various institutions, such as the...

Posted by William A. Jacobson on January 21, 2009 6 Comments
I really wanted to put my disgust at Bush Derangement Syndrome behind me in approaching Obama. Yes, Obama and his supporters (i) repeatedly lied about Bush lying us into war, (ii) distorted the court rulings on Gitmo to create the false impression that Bush is...

Posted by William A. Jacobson on January 17, 2009 2 Comments
I don’t pretend to know the ins and outs of Illinois politics. I’ve been following the Rod Blagojevich saga as an outsider looking in, from a legal perspective. One things seems clear to me, as we approach the impeachment trial: Rod Blagojevich is very good...

Posted by William A. Jacobson on January 13, 2009 0 Comments
Has anybody actually seen the paperwork Roland Burris submitted to the Secretary of the Senate which caused Harry Reid and Dick Durbin to approve seating Burris? In her January 12, 2009 Press Release, the Secretary of the Senate stated that “Mr. Burris’s certificate, and accompanying...

Posted by William A. Jacobson on January 12, 2009 1 Comment
It has just been announced that Senate lawyers have agreed that Roland Burris’ paperwork is in order, and he should be seated. If you followed the commentary on my post The Burris-Murkowski Double Standard, you would have seen this coming. There is no way that...
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