Fiscal Insanity

Ran across this post in today’s Daily Reckoning. Those of you who like to think we can go on printing money without consequences should read – not just this article, but basically everything they publish.  I wouldn’t call it “doomsday” stuff, but predicting financial collapse for those who think money can be summoned into existence […]

American Fear

Just saw this in today’s Daily Reckoning and wanted to pass it on.  It’s called American Fear and it makes you think.  Here’s an excerpt: I challenge everyone to ask themselves: when was the last time you even thought about the possibility you might be robbed, your house broken into or shot at? Can you […]

Unconstitutional IOU’s

I don’t know why this hasn’t been brought up in any of the California budget news that I’ve seen.  The state of California is issuing IOU’s instead of paying people and companies.  I’m no lawyer, but that practice obviously (it’s obvious to me anyway) violates the US Constitution.  Article I, Section 10, titled “Powers prohibited […]

Obama’s budget cuts

The NY Times is reporting that President Obama is proposing about $17 billion in budget cuts for the next year.  As the NY Times puts it the proposed cuts represent about 1.4 percent of the $1.2 trillion deficit that is projected for the fiscal year 2010. I’ll put it more bluntly – these cuts are […]

100% tax on AIG bonuses?

It’s probably the understatement of the decade to say that I’m no fan of bailouts, but the proposal to tax 100% of the bonuses at AIG because they’re using our money is ridiculous. Even though Bush trampled all over it, we have this document called the Constitution which limits what the government is allowed to […]

Limbaugh loses it

Evidently, Rush Limbaugh is back on the drugs.  He made a speech today at the Conservative Political Action Conference, where (according to CNN) he said: “We love and revere our founding documents, the Constitution and the Declaration of Independent. We believe that the preamble of the Constitution contains an inarguable truth, that we are all […]

NY Post hate speech?

Let me say this up front – I think racism and other “hate speech” is disgusting.  It’s rarely helpful to the cause of the person saying it, and it paints them as being ignorant. But they have every right to say it.  And I support their right to say it.  Calling for a political cartoonist […]

Some states to shun stimulus funds

According to the Christian Science Monitor, At least six governors have said they may refuse money. CNN also has some a decent story on it. “We’re concerned that we’re just going to be doling out million dollar hugs,” says Jon Hanian, Governor Otter’s press secretary. “It really comes down to the proper role of government, […]

It’s about time!

Hey, maybe someone will eventually be held accountable for Bush’s flaunting of the constitution!  Here’s a Reuters report on a possible Senate inquiry. A U.S. “truth commission” should investigate Bush administration policies including the promotion of war in Iraq, detainee treatment and wiretapping without a warrant, an influential senator proposed on Monday. Democratic Senator Patrick […]

Texas screwed up

I haven’t said anything about the Texas state raid of the “polygamist compound” but I read a story tonight on FoxNews that kinda ticks me off.  When I get ticked off I need to say something about it, so here goes…. The story is about a supposedly underaged girl who gave birth while in state […]