Housing… the Intent, And the Result

Bank of America buys up Merrill, AIG’s looking for cash to stay afloat, and Lehman is basically dead on it’s feet. I’m no more worried now than I was a few months ago about our financial sector.

Why? Look, people,

It’s a virus — and it’s spreading. Do a Google News search for “since the Great Depression,” and you come up with more than 4,500 examples of the phrase’s use in just the past month.

But that doesn’t make any

Just a reminder:

“In fact, the world oil shortage is political, not geological.”  –John Utley

if ever there was a car made for the times, this would seem to be it: a sporty subcompact that seats five, offers a navigation system, and gets a whopping 65 miles to the gallon. Oh yes, and the car

There was a little paragraph sitting by itself in this New York Times article.

Ninety percent of the Democratic delegates said the nation was in a recession, while 72 percent of the Republican delegates say it is not.

Talk

I see, by way of McQ, a set of trascripts on National Review  from Larry Kudlow, of interviews with Sarah Palin, Here and here I’ll include a few excepts, here.

Kudlow: Here’s the bad news. The Congress is going

For all us who have either eat or drive, or both, and feed up with paying more at the pump for diluted gasoline and more for food, Henry Payne,  Climate Change Fraud:

The ethanol mandate: Raising your food prices

By way of James Joyner, this morning, I note Kevin Drum trying to spin his way through the truth:

Bush expansion is over, and Brad DeLong describes it as “the first business cycle during which median household income in

The New York Times, in a little noticed article on Natural Gas:

American natural gas production is rising at a clip not seen in half a century, pushing down prices of the fuel and reversing conventional wisdom that domestic

I’ll open this by saying that by rights, and in a sane world, Paul Krugman should be hammered flat on economics, and drummed from his perch at the New York Times. However, let’s admit this isn’t a sane world, and 

James at OTB this morning examines an issue which the price of oil has been bringing to the fore, called “The Future of Suburbia”.   Now, look; I admit I pushed this one a bit off James’ intended thrust. I

Lots of comment this morning, centered on the Washington Post Op-Ed of yesterday, which spends it’s time destroying three basic arguments of those against offshore drilling.

However, it propagates a couple barrels of snake oil. The most offensive of the

I drive a Buick.

Yes, I’m quite aware that the stereotype places me in Senior Citizen range.  But I’m 51.

The Buick I drive is a ’04 Rainier.  Yes, the dreaded and much maligned SUV is my main ride. “Why

Boortz, this morning:

Nancy Pelosi has responded to the current Republican debate, which continues in her absence. She is blaming Republicans for failing to “support serious, responsible proposals.” Yeah … wind farms.

Funny he should bring this up. A

B.J’s fall from gtace, Los Angelos Times:

‘I am not a racist,’ ex-President Bill Clinton asserts
Former presidents get a whole lot of leeway in what they say in public. But former President Bill Clinton just violated one