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Celebrating Obama

A clear majority of American voters — of all races — voted for Barack Obama. They now celebrate his victory. Me? Not so much. Oh, I like Obama’s talk about there not being red states and blue states, urging that we get past partisanship. I just don’t recall him ever

Unbefreakinlievable

Now what? Well, now the governors are going to Washington to beg for bailouts. New York Governor Paterson and New Jersey Governor Corzine have schlepped their way up to the Hill to explain that they are “cutting all [they] can” from their bloated budgets, and to demand some “relief.” I

Don’t Bank On It

It’s not a chorus. If you’ve been watching the “debate” over how best to con American voters into giving troubled banks $700 billion for bad loans, you might think it’s a chorus in the financial industry, especially from bank presidents. You might assume they’re all shouting: GIVE US THE BAILOUT

$700 Billion Bad Bet

The administration’s proposed $700 billion bank bailout has finally passed the Congress — in large part because of fear that the economy would crumble if “something” wasn’t done. But the magic men in Washington don’t have any guaranteed fixes in their bag of tricks. Certainly robbing the taxpayers of $700

Must It Be Racism?

One of the two major-party candidates for president is black, the other white. Obviously, there is much more to say about them. We can talk about their ideas, character, experience, communication skills. Presumably, conscientious voters will choose the person they think can best do the job — regardless of race.

A Question Worth Asking?

The presidential candidates talk about leadership and change. What’s the one question that combines both, but is not asked? Simple: What happens if it all comes crashing down? After the worst stock market drop since 9/11, the question doesn’t seem so out of place. Our federal government’s debt is rising

True Outsider Experience

John McCain’s choice of Alaska Governor Sarah Palin as his running mate shocked a lot of people. Even people in the media didn’t know very much about her. She hasn’t spent any time on Meet the Press, for example. But I knew who she was long before her selection as

McCain’s Admission

John McCain is a man on a mission. But it was his admission that Republicans in Washington have lost their way that jumped out at me as I listened to his speech accepting the Republican Party presidential nomination. “I fight to restore the pride and principles of our party,” he

A Plan for Republicans?

Three. Count ’em. Three special elections where congressional Democrats have defeated Republicans in seats previously held by Republicans, the latest in Mississippi. GOP Minority Leader John Boehner offered reporters, “[T]his is a change election, and if we want Americans to vote for us, we have to convince them that we

Welfare Kings

Bear Stearns. You gotta like an investment company with the word “bear” in it. If you are the kind of investor to go bullish over anything big, Bear, Stearns & Co., Inc., was BIG. For years its subprime mortgage biz made investors go all squirmy with bullishness. They could pretend

Ptolemaic Obama

I’m all for democracy, but I’m sure glad science isn’t put up for a vote. If geocentrism were up for political grabs, would governments be forced to go against Galileo again? After all, a plurality could say: See, the sun rises and sets — all the proof you need that

Nifty Doesn’t Cut It

Just because something can be done doesn’t make it economical to do. There is a big difference between physics and economics. Take ethanol. It might seem nifty to grow the fuel for our cars and trucks like we do our food, in fields. But niftiness alone is not enough. Nifty

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