Farrah Fawcett and Ayn Rand
I just learned that actress Farrah Fawcett, who succumbed to cancer yesterday, was a big fan of novelist-philosopher Ayn Rand, and vice versa. I like Farrah even more now.
capitalism/wealth creation
National Energy Tax Vote Approaches
The economy-destroying cap-and-trade bill, which would impose a massive, regressive energy tax on Americans, is going to be voted on by the House of Representatives soon. Visions of dollar signs…
How Stupid Does Barney Frank Think Americans Are?
If you had to pick one lawmaker to blame for the subprime mortgage bubble and subsequent collapse, that person would have to be House Financial Services Committee chairman Barney Frank (D-Massachusetts)…
Financial Affirmative Action Returns
I have a piece in today’s American Spectator about the rehabilitation of the odious Community Reinvestment Act.
$3.25 Trillion in U.S. Treasurys?
Shopping in Weimar Germany circa 1923 * * * * * Bloomberg quoted Goldman Sachs saying late last month that the U.S. government would have to sell…
IBD Media Hit Re CRA
Investors Business Daily quoted me today regarding the Community Reinvestment Act (CRA). Yahoo! Finance picked up the story. The Obama administration wants to stand by this disastrous legislation…
Obama Demands Sweeping New Powers
President Obama is demanding dangerous, sweeping new powers to seize financial services companies. According to the Los Angeles Times, the proposal expected to be unveiled Wednesday will be “the…
Easy Come, Easy Go
The Supreme Court has lifted the stay, granted yesterday, preventing the sale of Chrysler assets to Fiat, Bloomberg reports. Presumably the deal will now go ahead.
ACORN Getting Involved in Global Warming Hysteria
Now the ACORN crime family is jumping on the global warming alarmism bandwagon, according to (the left-leaning) Worldwatch Institute. The radical community group, which is now facing voter registration…
Supreme Court Fiat Blocks Chrysler Sale to Fiat
MarketWatch reports that the Supreme Court has blocked, at least temporarily, the sale of Chrysler’s assets after several Indiana pension funds appealed the sale of the troubled automaker: The…