I have been meaning to write about the election in November but after the results were in I found that the rage I felt meant that it was extremely difficult to extract any meaningful communicable signal from the flood of four letter words filling my head. But now that there has been some distance and […]

Steny Hoyer was just interviewed on CNBC and I just love to hear the nonsense that spills out of Demunist leaderships mouths whenever they open.  Speaking about the state of employment and the Democratic shift to prioritizing jobs in an election year, he went on about how if we could just get the policy mix […]

One of the reasons Demunists trot out to justify their insane proclivity to destroy our health care system is that in the current system too many people go bankrupt and lose their homes due to health expenses they cannot handle.  And to some extent this may be true, and perhaps we should do something about […]

UPDATE:  02/24/2009 – In his semi-annual Humphrey-Hawkins testimony this morning, Fed Chairman “Helicopter” Ben Bernanke weighed in on this issue.  He gave the analogy of your neighbors house on fire because they were smoking in bed.  He said in this case, while you do not condone the bad behavior that led to the fire, you […]

There is an additional argument I did not mention in the post below of June 6th for the Fed to keep rates unchanged as they did yesterday.  That argument is that banks, many of which are tottering on the brink of insolvency, need a steep yield curve in order to ‘earn’ their way out of […]