Here is the problem… General Motors, these companies are not that big anymore. Do you know that in terms of stock price, Bed, Bath and Beyond has a larger market cap than General Motors? The automobile industry is not going to go under because the United Auto Workers will not be allowed to go under. […]

When it comes to health care, it borders on the criminal what has happened in the health care, the artificial elevation in price versus value.There’s no way a Band-Aid costs $300 bucks in a hospital, that’s what it’s going to cost you because somebody else is paying the bill and there are a lot of […]

California residents are getting an early Christmas present, my friends! Democrats plan to eliminate the state’s 18-cent-per-gallon gasoline excise tax, as well as an 8-cent-per-gallon sales tax on gasoline. So it’s celebration time! Except that it’s not. You see, Democrats want to wipe out the taxes… but replace them with a 39-cent-per-gallon “highway user fee.” […]

It is sad and funny at the same time. It was predictable, a lot of people did predict it. They were right. What went on on Capitol Hill Tuesday is a testament to the cluelessness of the people in charge of supposedly saving this economy. It is absolutely absurd to watch all this go down. […]

In the Los Angeles Times today. The headline says it all: “Political Temperature May be Just Right for Health Care Overhaul.” Ohhhh! Political temperature may be just right. I wonder what the political temperature is? Well, the temperature is: “[T]he bleak environment [and ‘the ballooning budget deficit’] may paradoxically spur the kind of costly, sweeping […]