I’ve been thinking about this Joe the Plumber business, and everybody is pointing out that it’s not what Joe the Plumber asked Obama, it’s what Obama answered. He wants to “spread the wealth around.” But it’s actually even worse than that. It’s now about how quickly team Obama was able to shut down Joe the […]
The best way to describe the Barack Obama financial plan is trickle-up poverty. Everybody who’s poor is going to stay that way; people who are in the middle class are going to get poorer and on up the ladder. It’s trickle-up poverty via Obama’s tax increases. Look, the Democrats have been trying to revise history […]
An article from the Wilson Quarterly, the Woodrow Wilson Center for scholars: “The Irrational Electorate.” By Larry Bartels who directs the Center for the Study of Democratic Politics in Princeton University’s Woodrow Wilson School of Public and International Affairs. He is the author of Unequal Democracy: The Political Economy of the New Gilded Age, published […]
Investor’s Business Daily had a great editorial: “Should Congress Be ‘Perp-Walked’?” They say, “A federal grand jury in New York is probing the accounting shenanigans at Fannie Mae and Freddie Mac. It’s about time, and we hope it doesn’t end there. Remember the early 2000s, when companies such as WorldCom, Enron, Tyco and Xerox suddenly […]
According to a Media poll from AP and the GFK Group, a German marketing firm, eight in ten Americans are afraid the financial crisis will affect them. Right in time for the elections — why, what a surprise! The majority of those surveyed blame banks for issuing risky mortgages and the federal government for not […]