Archive for August 2011

Inside The Doomsday Machine

Virtually no one — be they homeowners, financial institutions, rating agencies, regulators, or investors — anticipated what is occurring. — Deven Sharma, President of Standard & Poors, Testimony before the U.S. House of Representatives October 22, 2008 Readers will recall that in the fall of 2008 the subprime mortgage debacle had blown up Wall Street…

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Officer Down — Blue on Blue

Baltimore Cop Killed by Fellow Officer Outside Night Club Baltimore police say that fellow officers fired the gun shots that killed a plainclothes officer during a melee outside a nightclub. A 22-year-old civilian was also killed in the early Sunday morning shooting. Police Commissioner Frederick H. Bealefield III said on Monday that no civilians fired…

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Quote of the Day

Throughout history, poverty is the normal condition of man. Advances which permit this norm to be exceeded — here and there, now and then — are the work of an extremely small minority, frequently despised, often condemned, and almost always opposed by all right-thinking people. Whenever this tiny minority is kept from creating, or (as…

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Obama’s Approval Index Lowest Ever

Rasmussen’s approval index in the daily tracking poll shows a minus 22 between those who strongly disapprove and those that strongly approve, the lowest ever. This is based on a poll of 1,500 likely voters which is a more scientific poll for predicting election results than a poll of merely adults or even registered voters.

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Cory Gardner Says Shut Down The Department of Transportation

Rep. Cory Gardner (R. Colo) says the Department of Transportation should be shut down and its functions transferred to the states. He said the Federal DOT is a “middleman” in transportation projects that is not needed and serves merely to increase their cost. He’s right. That’s also why Obamacare is wrong and should be repealed.…

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Yes, He Lied. Joe Wilson Was Right.

Rep. Joe Wilson shouted “You lie!”  Democrats were horrified that a Republican representative would have the audacity to accuse the President of lying. But now HHS informs us that Obamacare-Funded Health Centers for ‘Migrants’ Won’t Check Immigration Status. The Department of Health and Human Services (HHS) announced on Tuesday that it has awarded $28.8 million to…

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The Wisconsin Miracle Can Proceed — Unions Lose Again

If you haven’t been following the Wisconsin Miracle you’ve missed the most exciting political news of the last several months. Wisconsin  voters turned the governorship and both houses of the state legislature over to the Republicans in the 2010 elections, after decades of Democrat rule.  When Governor Scott Walker took the oath of office on…

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Thomas Sowell Reverses on the Debt Deal

At first he said the debt deal was simply the best we could get and should be accepted by Republicans.  I said the debt deal is a Turkey and later wondered if I was wrong when Sowell approved it.  Thomas Sowell is an intellectual giant and I’ve been a fan since he was at the…

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Crime and Punishment

Some say the job of the police is to prevent crime. They usually mean that the police should be able to stop crimes from happening in the first place. Police generally don’t do that, nor could they. Mostly they show up in the aftermath of crime with notebooks and pens and write reports.  Maybe they…

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Quotes To Start The Week

Do you realize that in about 40 years we’ll have thousands of old ladies running around with Tattoos? Now, that’s scary. The real reason that we can’t have the Ten Commandments posted in a courthouse: You cannot post ‘Thou Shalt Not Steal,’ ‘Thou Shalt Not Commit Adultery,’ and ‘Thou Shall Not Lie’ in a building…

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