All Posts Tagged With: "National Review"

Specter, Principles, And Trust (Rather, the Lack of Them)

arlen-specter-2To begin with, let’s get a snip of this morning’s op-ed up on National Review:

Arlen Specter belongs to a type familiar to Congress: the time-serving hack devoid of any principle save arrogance. He has spent three decades in the Senate but is associated with no great cause, no prescient warning, no landmark legislation. Yet he imagines that the Senate needs his wisdom and judgment for a sixth term. He joined the Republican party out of expediency in the 1960s, and leaves it out of expediency this week.

Indeed. At the end of the day,what we have here is the second in a line of what will be many ‘victims’ of what are now being called the Tea Party protests. The first, I think, was …


Are Treasury and Congress Doing The Right Thing?

I’m surprised there has not yet been a run on my bank.  The way that Bush, Paulson and Congressional Leaders are reacting to the liquidity angst on Wall Street would make you think there’s no money left, and we only have days or perhaps hours to get our money safely out of the hands of our bankers.

Of course, nothing could be further from the truth.

But wrapped up in that fear is some of the reality that our economy is dependent upon the use of credit throughout the business and consumer world to keep things moving.

When you think about it, that sounds a little more scary than I thought it would.

In other words, if we all had plenty of cash, could easily …


Another Good Reason To Be A Democrat

It’s so easy to get away with things.  Right in front of everyone.  No one seriously does anything about it.  We’ve seen it with Obama, Clinton, Clinton, and today, with Chris Dodd.

I don’t know why I keep thinking that people like Dodd are respectable and of high integrity.  When Countrywide gave him a great, no a ridiculously incredible deal on his mortgage (his wasn’t a sub-prime, was it?), he had to know right then an there that he was get preferential treatment of an order that was inappropriate for a US Senator.  Add to that the fact he received significant political contributions from the company and then he co-sponsors the Dodd-Shelby housing-bailout bill (that essentially bails out the likes of Countrywide).

And now, National …


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