Category Archives: Stimulus
Before The Fall
The president is threatening that there’s more where the auto bail-out came from.
Meanwhile a Congressional Budget Office report says a walk off the fiscal cliff will plunge the economy back into recession.
Big Lie
The Obama camp will say pretty much anything to distract from three and a half years of 8% unemployment. A Romney aid defended Mitt against accusations of complicity in the cancer death of the wife a laid off former employee, by reminding us of Romney Care. Even Obama doesn’t mention Obama Care. Needless to say, conservatives aren’t happy.
Defined Benefit
In The Campaign’s Stupid Moment, Holman Jenkins says that “in defining Romney, Obama may be finally defining himself for a mystified electorate”.
Make My Bailout
From spaghetti westerns to J. Edgar Hoover, Clint Eastwood commands attention. So when he gives a half-time pep talk at the Super Bowl you listen. Rich Lowry gave the performance a rave review but didn’t care for the script.
Real Scandal
Politico had over 90 stories last week about the Herman Cain sexual harassment allegations. It’s still unclear just what is being alleged but it doesn’t appear to include pulling down his pants and ordering a subordinate to “kiss it”. That would be the charge against President Bill Clinton from about the same era.
Oddly, women’s groups swarmed to the defense of the “lovable rogue” and, after being impeached, he weathered the storm – minus his Arkansas law license.
None of us, however (at least not the 99%), weathered the storm caused by another scandal with racial overtones. Paul Sperry reported in IBD, how Clinton pressured financial institutions to make home loans to the un-creditworthy. Meanwhile, MSN Money quotes David Weidner, of Marketwatch, saying Clinton’s biggest mistake was the repeal of Glass-Steagall.
Business Week reported this week that, after stating a $4.4 billion loss for the third quarter, Freddie Mac will seek an additional 6 billion dollar bail-out from taxpayers.
