The dust is starting to settle on what has been very ugly day on Wall Street. It’s not over by any stretch of the imagination… It’s going to take several days if not weeks for the markets and Main Street to fully digest the implications of Merrill Lynch’s shotgun marriage to Bank of America, Lehman […]
I’m not in a writing mood today but I hate to leave this page silent so I thought I’d share a few must reads on the Fannie Mae & Freddie Mac bailout with you. First is the Op Ed by John McCain in today’s Wall Street Journal: We’ll Protect Taxpayers From More Bailouts By John […]
The Huffington Post is reporting that Sarah Palin has made her first gaffe: Gov. Sarah Palin made her first potentially major gaffe during her time on the national scene while discussing the developments of the perilous housing market this past weekend. Speaking before voters in Colorado Springs, the Republican vice presidential nominee claimed that lending […]
Everything old is new again or here we go again… Back to the 70’s. Every time I listen to democrats in talk about energy policy I feel I’ve been transported back to the 1970’s. Admittedly some of of their suggestions like making sure your tires are properly inflated or getting regular tuneups are basic commonsense […]
I’ve been digging around looking for something interesting to blog about over the past few days and so far I’ve come up dry. I could write about Barack Obama’s world tour but that’s been done to death and frankly I can’t think of anything hasn’t already been said. So I thought rather than leaving you […]
Finally! We’re finally starting to see some signs of life from the Bush administration and republicans in congress. Unfortunately, what we’re seeing is another half measure… I’m all for increasing domestic oil production and building new refineries, but those measures won’t have a significant short term impact on the price we pay at the pump. […]
This guy gets it… Unfortunately none of our elected leaders seem to. Pass it on.
That’s what Mackubin Thomas Owens says in an OpEd piece in today’s Wall Street Journal. Gasoline prices are through the roof and Americans are angry. Someone must be to blame and the obvious villain is “Big Oil” with its alleged ability to gouge consumers and achieve unconscionable, “windfall” profits. Congress is in a vile mood, […]