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Posted by William A. Jacobson on February 22, 2009 37 Comments

The beginning of a protest movement against Barack Obama's redistributive policies is underway. Though still small, every movement starts somewhere. While called the "Tea Party" after the Boston Tea Party, this movement is similar to movements throughout history where the producers of society refuse to...

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Posted by William A. Jacobson on February 21, 2009 4 Comments

Another Obama "I told you so," this time from Investor's Business Daily:Last Oct. 13 [2008], in trying to explain why the market had sold off 30% in six weeks, we acknowledged that the freeze-up of the financial system was a big concern. But we cited...

Posted by William A. Jacobson on February 21, 2009 1 Comment

I am about to tread where sane people in this society dare not go for fear of having their words twisted: Discussing race. Attorney General Eric Holder told us not to be cowards on the subject, so let's talk about whether non-racist cartoons or words...

Posted by William A. Jacobson on February 21, 2009 0 Comments

Hillary Clinton went to China to assure Chinese investors (i.e. the Chinese government) about the safety and security of investing in the U.S. (video here). Great. What about assuring U.S. investors? Don't we matter?With the export-heavy Chinese economy reeling from the U.S. downturn, Clinton sought...

Posted by William A. Jacobson on February 21, 2009 0 Comments

This must be some sort of plot to undermine Republican opposition to Obama's stimulus plan. Online marketers of "free government money" get-rich-quick schemes now are targeting Republicans:Where did I find this? Through a Google Ad over at Finkelblog. Seems like Mark's audience must have been...

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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 is...

Posted by William A. Jacobson on February 19, 2009 0 Comments

A centerpiece of Barack Obama's foreign policy is convincing Europeans, particularly NATO members, to help with the effort in Afghanistan. George Bush, it was said, too long had practiced the politics of "go it alone." We were assured that once we asked nicely, instead of...

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...

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 1 Comment

In this AP photo, taken during President Obama's signing ceremony for the stimulus bill, Obama pointed out the direction the country is heading:...

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 16, 2009 1 Comment

[youtube=http://www.youtube.com/watch?v=dnT21hmlT4o]Video, CD, and Lyrics by Michael AdamsHere's the chorus:I want my bailout moneySweet green cash just dripping with honeyGotta keep this economy runningI need another hit of my bailout money...

Posted by William A. Jacobson on February 16, 2009 0 Comments

The Endive website has obtained a copy of a page from the stimulus plan in which Democrats in Congress hand wrote changes (photo). Dummies. They forgot to include bread. You just can't trust Congress to do anything right....

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 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 like...

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