On February 26, 1993, at 12:17 p.m., a Ryder truck filled with 1,500 pounds (680 kg) of explosives was planted by Ramzi Yousef and detonated in the underground garage of the North Tower.[88] The blast opened a 100 foot
Continue reading about BO Aims to Finish Al-Qaeda War’s for Them
On which side is Barney Frank (Massachusetts Four)? The Treasury Department pressures a perfectly sound financial institution to take federal TARP funds, and Frank uses that as excuse to terrorize the bank, Tom Petruno, Los Angeles Times,
Bacack Obama campaigned on a promise of Hope. Well just thirty days into the Obama administration, Americans are losing hope, Washington Post:
A new Washington Post-ABC News poll shows Americans’ feelings of financial insecurity have risen significantly since mid-September,
Mary Katherine Ham writes in Weekly Standard:
The House just passed the stimulus package with no Republican support, and eight “no” votes from Democrats.
Rep. Aaron Schock, whose llinois district is home to Caterpillar, spoke on the floor about
Administration officials were greeted with sarcasm and laughter Monday night when they briefed lawmakers and congressional staff on Treasury Secretary Tim Geithner’s new financial-sector bailout project, according to people who were in the room.
The laughter was at
The Wall Street Journal:
WASHINGTON — A frantic, last-ditch attempt to forge a relief package for the auto industry collapsed in the U.S. Senate, dealing a giant blow to the immediate hopes of the Big Three.
Senate Majority Leader Harry
Continue reading about Bye Bye Bailout, for Now (Addendum And Bump)
Bruce McQuain does an admirable job of explaining my estimation on the sub-prime meltdown quoting a 1999 article in the New Work Times:
In a move that could help increase home ownership rates among minorities and low-income
Continue reading about The Meltdown Cause in One K of Text Or Less:
The WSJ, this morning:
Top U.S. policy makers emerged from hours of tense negotiations with a clear message just after midnight Sunday morning: A deal to bailout U.S. financial markets has been agreed on and all that remains to be
A report in this morning’s Wall Street Journal points out:
Wal-Mart Stores Inc. is mobilizing its store managers and department supervisors around the country to warn that if Democrats win power in November, they’ll likely change federal law to make
Sen. John McCain called yesterday for an end to the federal ban on offshore oil drilling, offering an aggressive response to high gasoline prices and immediately drawing the ire of environmental groups that the presumptive Republican
Continue reading about McCain Now Suggesting Offshore Drilling Wouldn’t be a Bad Idea
Noted a resturant review over the weekend in the New York Times… and wouldn’t have said much at all, except that it got so bad with it’s left-leaning, that even left leaner, Ezra Klein can’t stand it anymore. Yes,
Continue reading about The Left And Corporate America; a Small Example
The audacity of stupidity and being too young to remember the Carter Administration.
May 1 (Bloomberg) — Democratic presidential candidate Barack Obama‘s proposal for a windfall profits tax on oil companies could cost $15 billion a year at
Continue reading about BO’s Windfall Profit Tax Scheme Stinks
WASHINGTON (AP) — The bruised economy limped through the first quarter, growing at just a 0.6 percent pace as housing and credit problems forced people and businesses alike to hunker down.The country’s economic growth during January through March was
Continue reading about So Much for the Democrat Dreams of a Recession: Economy Grows.
James Joyner over at OTB notes that Microsoft has submitted an offer to buy Yahoo for B$44.
$44 billion would be quite a premium, and James wonders what the fuss is about.
The BBC Article he quotes wonders openly:
According