From The NY Times:
While his campaign advisers generally agree that Mr. Romney must explain his work at Bain, they are wary of engaging in an exhaustive public examination of the nearly 100 deals he was involved in, anxious that it could bog him down in the inevitably messy details of fixing...
I knew that my position on Bain Capital would fray some relationships in the conservative blogosphere, but this post by Don Surber took me by surprise, Why Republicans Oppose Capitalism:
Newt and Rock Perry are trying to divide the party in a way I never imagined. I thought the divide would be between social conservatives...
Any criticism of Bain, much less a criticism of how our possible nominee ran the firm, is an attack on free markets and capitalism. Or so we are being told.
No, it’s not. I have been almost alone against the chorus of “Newt’s anti-capitalist”:
We don’t know all of the details of how Bain conducted its business under Mitt Romney, but we do know that in at least several instances the conduct was to squeeze out cash while leaving behind a failed company. In many other instances Bain helped companies to grow.
In a capitalist system,...
As you know, I’m visiting here. And one thing I’ve noticed is that there are quite a few homeless people.
Why are the people of San Francisco so heartless? They must all be Tea Party supporters.
Why don’t the politicians here care about the poor? They must be Republicans.
How can citizens just walk by without helping? ...
Todd Young is on my Top 10 List, running against incumbent Baron Hill in Indiana-09 district.
Hill embodies the arrogance which has characterized Democratic Party control of Congress for the past several years:
[youtube=http://www.youtube.com/watch?v=HtmgQ2W3lhM?fs=1]
New polling shows that the race is a toss-up. Via The Hill,
Rep. Baron Hill (D-Ind.) holds a slim, two-point...
We are in the process of nationalizing and/or federalizing vast stretches of our economy, including the auto industry, banks, and health care. Individual property rights have taken a back seat to political priorities.
I am against this trampling of individual property rights, which are the foundation of our democracy. But if it...
Pawtucket, RI, is just north of Providence. Pawtucket (pronounced “p-tuk–et” to those in...
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...
What is it with this President? Obama has an obsessive need to find enemies against whom to campaign. When Obama’s presidency is over, hopefully in four years (but likely eight years) there will be two sets of psychologists: Those who provide therapy to the American population which has seen its life...
The website DebkaFile is reporting that Bibi Netanyahu’s choice for Israeli Foreign Minister is Anatoly (Natan) Sharansky, a hero of the Soviet refusenik movement. For those of you who are not familiar with...
I must have slept through the 80’s and 90’s, because I never heard the one about Chris Dodd, Ted Kennedy, and the “waitress sandwich.” I learned about this for the first time today, reading a great (so what else is new) column by the Chicago Tribune’s John Kass about Roland Burris....
An Op-Ed in today’s Wall Street Journal argues that Chapter 11 bankruptcy is a better alternative to endless bailouts. UPDATE: Here is another view, arguing that Chapter 11 would be a “death knell” for the US auto industry. UPDATE No. 2: Another article arguing in favor of Chapter 11.
Conservatives face a choice. Yield to “progressive” policies which, once implemented will take a generation to undo, or stand on principles of free enterprise, individual liberty, and capitalism? Giving in is much easier, but in the long run more costly. We can learn a lot about the power of standing on...
As we conclude this final day before the election, the arguments have been made, the advertisements run, and the cash spent. Through all the noise, the essential decision facing the American people has not changed.
It’s all about trust.
I trust John McCain. Although I have never met him, I feel I know...
It has been a while since I have agreed with Thomas Friedman, but Mr. Friedman has a good observation on the economic forces which may lead to the collapse of the Iranian regime:
Under Ahmadinejad, Iran’s mullahs have gone on a domestic subsidy binge — using oil money to cushion the prices...
Are we witnessing the end of capitalism? Has it ever been this bad?
Do these charts show the end of capitalism? I guess that depends on
how you look at things.
The first chart tracks the Dow Jones Industrial Average from 1920-1940, when the average went from a high of 380.33 in 1929,...
