“No one ever went broke underestimating the intelligence of the American public.” -H.L. Mencken (Or was it “congress”?) ================= Here’s a novel idea: Have Congress create a “bank” that could borrow huge sums with only a small federal outlay and would be independent of any political interference. If you believe in this miracle, you probably thought Fannie Mae was a private company that... Read more
Archive for the ‘Party Politics’ Category
Bank of Political Works
September 1 | Posted by mrossol | American Thought, Economics, Party Politics, The LeftAddress a Joint Session of Congress, when?
September 1 | Posted by mrossol | Obama, Party PoliticsI guess if you can’t “win” on principle, work the process to your best advantage. ====== By CAROL E. LEE And PATRICK O’CONNOR After protracted budget fights, no one thought the two political parties would easily hold hands this fall as the legislative season begins anew. But a dispute Wednesday over the timing of a presidential speech showed the depth of rancor between... Read more
Obama’s New Gifts to Organized Labor
August 9 | Posted by mrossol | Obama, Party PoliticsBy EUGENE SCALIA Government encroachments typically come as a wolf in sheep’s clothing, Justice Antonin Scalia once observed, but occasionally they are brazen—then, the “wolf comes as a wolf.” The Obama administration recently proposed a pair of rules to help unions win workplace elections. One rule is obviously a wolf. The other is a pretty creepy looking sheep. The “wolf” is a... Read more
An Opportunity For Major Reform, If We Can Take It
July 27 | Posted by mrossol | Debt, Economics, ObamaCare, Party PoliticsSome thoughts on a July 19, WSJ article… =================== Emil W. Henry Jr.’s “America’s Debt-Ceiling Opportunity” (op-ed, July 19) clearly states what should be obvious to all: The federal government is extremely poorly run and ignores the basic rules of business economics and accounting. In fact, it often crosses the line into what would be criminal for the rest of us. As an... Read more
