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  • The Least Surprising Mortgage Story

    You remember the Tobacco settlement, don’t you? Based on dubious claims that smoking costs the states healthcare money, 46 states entered into an agreement that (1) froze the market for cigarettes in favor of a cartel existing companies; (2) took hundreds of billions from those companies, which they simply passed on as price hikes to the captive market; (3) paid lawyers tens of millions of dollars; (4) poured money into states ostensibly for healthcare … Read more

  • Crazy, Insane vs. Insane, Crazy

    One of the themes I always return to is “it’s cute when we do it”, which is shorthand for the way Democrats and their media dogwashers will denounce the Republicans for … well, take your pick: filibusters, indefinite detention, unconstitutional wars, signing statements, executive overreach, etc. … but then go eerily quiet when Obama does the exact same fucking thing. Or even worse, they will somehow contort themselves to believe that Obama’s behavior is better … Read more

  • The Next Bubble

    You remember the housing bubble, yes? One version of that narrative goes like so: homeowners are better off financially than renters; therefore we decided it would benefit the economy to subsidize housing through cheap loans, mandates, low interest rates, etc. — the “ownership society”; this mainly served to inflate housing prices and saddle millions of Americans with unaffordable debts; in 2008, it blew up in our faces to the tune of trillions of dollars.

    I … Read more

  • Titanic Stupidity

    A hundred years, my, how time flies. I spent the sinking of the Titanic centennial watching the only factual, truly amazing depiction of the actual event, A Night To Remember on TCM. You want a fairly accurate portrayal, sans dopey Hollywood alliteration and creative license, this is where you go. A few years back there was a nice Titanic exhibit that, while making it’s way around the nation, made a stop in my area. … Read more

  • Reality Sucks

    Bill Whittle is one of my favorite conservative pundits for a couple of reasons. He is soft spoken (no flame throwing there), always takes the high ground (no name calling or wrestling in the mud), but most of all, he is usually right. Here is his latest, yes it sucks:

    Some other rather sucky things to ponder:

    Debt sucks, because sooner or later you have to pay it back.

    Working sucks, trading 8 plus hours … Read more

  • A Payout to Big Pharma

    Let’s repeat this before we start: the current debate is not about birth control. No one wants to abolish birth control, not even Rick Santorum. You think with all the mistresses and hookers the GOP has stashed away, they want to get rid of birth control? No, the debate is about a mandate, plain and simple. It’s about what government can and can not force insurers/employers to do.

    But the furor has missed something important. … Read more

  • Grab Bag

    From time to time I will throw up a grab bag post, where many different events are covered, things that you can weigh in on. Some days there is lots going on and since I don’t feel like writing 5 separate posts (lazy? probably, but since the site host-we call him Ebeneezer-pays peanuts and keeps us all in working conditions where your average Bangladeshie sweat shop worker would say ,”no thanks”) ya get what ya … Read more

  • The Koch Letter

    Mass movements can succeed without a God, but never without a devil:

    In just about 24 hours, Mitt Romney is headed to a hotel ballroom to give a speech sponsored by Americans for Prosperity, a front group founded and funded by the Koch brothers.

    Those are the same Koch brothers whose business model is to make millions by jacking up prices at the pump, and who bankrolled Tea Party extremism, and committed $200 million

    Read more

  • Doing Business in America

    We all know that regulatory uncertainty is a conservative myth, right? The very idea that the tens of thousands of pages of federal regulations are inhibiting American business is just laughable, no?

    Well, someone forgot to tell the Economist:

    America is meant to be the home of laissez-faire. Unlike Europeans, whose lives have long been circumscribed by meddling governments and diktats from Brussels, Americans are supposed to be free to choose, for better or for

    Read more

  • Republicans, debates, and the LSM.

    Last night there was a republican debate. Let me admit I didn’t bother to watch it. That’s because I knew CNN was moderating this, and I suspected that they would be far more interested in asking bullshit questions that have nothing to do with the abysmal job Obama and the democrats have been doing. I was nit disappointed. The bulk of the questions were idiotic ones that fire up the left and will allow the … Read more

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