Tag: New York Times
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News Fluff/Flash
Apparently the nation is very interested that Obama Predicts a Florida Victory in tonight’s BCS National Championship game – just like we were dying to know whether Obama likes the BCS system. I don’t mean to pick on these stories, but they serve as good examples of some of the thoughts I am having as…
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One Thing Is Sure
I have enjoyed a number of discussions about politics and our current economic crisis over this Thanksgiving break. During those discussions my father-in-law made the observation that those who advocate for allowing this crisis to run its course without government intervention need to consider the implications of that course and ask themselves if they are…
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Support But Don’t Trust
I am a strong supporter of our government. I obey the laws (even little ones like speed limits and seat belt laws) and pay my taxes without complaint and without seeking any tricks to minimize those taxes. Supporting the government, however, does not mean that I trust the government when they ask for expanded powers.…
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Curbing Innovation
When talking about a $700 Billion intervention it only makes sense that taxpayers and members of Congress would want that money to go where it’s needed rather than to propping up salaries of $50 Million/year to executives of failing companies. But Wall Street, its lobbyists and trade groups are waging a feverish lobbying campaign to…
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We Must Do Better
There has been no shortage of opposition to the hastily proposed $700 Billion Gift Card (Chris Suellentrop provides a nice rundown) – unfortunately little of the real opposition comes from members of Congress. Our own Senator Bennett has flipped from being wary to being supportive because, as every elected official knows, foolish action is better…
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Something’s in the Air
Some of the people I work with like to dabble in trading stocks. They keep tabs on the stock market and they like to talk about their experiences. Through all the turmoil of the last few months their comments have indicated a challenging, but not incomprehensible market situation – until today. Suddenly this morning everyone…
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American Debt is No Accident
The fact that Americans have allowed themselves to be led down the rosy path of false economic hopes for a rosy tomorrow – where we can borrow now for anything we want with no thought for the fact that we are paying more by mortgaging our futures all the time – is not surprising. What…
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Ambitious Pronouncement
I’ve already stated that I believe the goal of using only energy from clean, renewable sources is attainable but I think the Green Prophet might be getting ahead of himself. {Al Gore} said the goal of producing all of the nation’s electricity from “renewable energy and truly clean, carbon-free sources” within 10 years is not…
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Raising Fiscal Awareness
Considering the importance of importance of fiscal policy it seems to evade any serious media coverage in favor of more exciting topics. Ross Perot has launched perotcharts.com to make the information accessible to people. Former Comptroller General, David Walker, has been lecturing around the country about the cliff we are speeding towards and now Peter…
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Promote Job Creation
Bob Herbert and I often differ in our views but I really like what he said about economic stimulus as is being discussed in D.C. There is no question that some kind of stimulus package geared to the needs of ordinary Americans is in order. But that won’t begin to solve the fundamental problem. Good…