Sunday, November 01, 2009
'Too Big To Fail' Means Too Big
As Obama starts to verbalize the economic recovery, Republicans are in a strong position to dominate the debate by continuing populist themes. It could be argued that Bush's TARP was necessary to avert calamity, and his mistake was consolidating, not smashing 'too big to fail' banking monopolies. Positive market movement during the last two quarters can be attributed to those financial stabilization measures, though a fresh faced President did lead to some optimism. But as his policies are becoming clear, the market is weighing the true breadth of Obama's economy and it is pausing. Obama is now claiming his $787 billion stimulus is making a huge impact, but little has been spent. The most significant impact has been on America's credit card bill and our credit rating.
Thursday, July 30, 2009
Saturday, July 25, 2009
Friday, July 24, 2009
Always Wait Til The End & Told You So
I should have waited to call Obama's goof, because he dropped a doozy a few minutes later.
It is becoming clear that health care either a) won't pass or b) will past in the fall and ruin Democrats in 2010, mostly districts where they've won with conservative candidates.
It is becoming clear that health care either a) won't pass or b) will past in the fall and ruin Democrats in 2010, mostly districts where they've won with conservative candidates.
Wednesday, July 22, 2009
Obama's Big Goof
With about 10 minutes remaining in his news conference, President Obama intimated that doctors choose procedures based on the price rather than patient need. Thought it was first do no harm?
My read on Obama's health care plan? It's going down in flames.
Wednesday, July 15, 2009
Supreme Court Hearings
Just some thoughts:
- Jon Kyl (AZ) was impressive and had Sotomayor flummoxed, stuttering with her words and stumbling over her own logic.
- Lindsey Graham (SC) started aggressive but never followed-up, letting Sotomayor off the hook by moving on and hedging with surprising honest statements that concede she's a shoo-in for conformation. Points for being frank?
- Sotomayor handled the Democrat softballs, but did not impress me as she had trouble recalling her canned lines, struggled under intense GOP questioning (which she must have prepared for), and consistently contradicting a clearly defined ideological pattern of her own making.
Monday, July 13, 2009
Sunday, July 12, 2009
Friday, July 10, 2009
How Times Have Changed
Tuesday, July 07, 2009
Sarah Palin
If my 14 year old daughter became the subject of late night rape jokes, I'd quit politics too. I think she's got a better chance of running for the Senate (and winning) in 2010 on a "I'll give Washington a kick in the ass" platform. As for any presidential ambition she may have, she clearly has a personal appeal to social conservatives which is heighten by the liberal media's contempt. I was thoroughly unimpressed by her performance last fall, as she was an not asset on any issue (other than appealing to social conservatives). I still don't see her winning the nomination in 2012 with the economy as the defining issue. She'd definitely be a better candidate if she waits til 2016 but I wouldn't be surprised if she had entirely disappears from politics by then.
Friday, July 03, 2009
Second Stimulus
I actually agree with Krugman that we need more stimulus. But what he'll never say, and I'd what insist upon, is that it should be in the form of small business incentives and tax cuts. It should encourage employment in every form and tax the little guy less for creating jobs (collect from ALL workers). When the government just hands out from a big pot of money, it encourages fraud and cronyism.
Friday, June 26, 2009
Sunday, June 21, 2009
Wednesday, January 28, 2009
Thursday, January 22, 2009
2008 Election Recap: Sarah Palin
I think Rollins was right in everything but his conclusion (Palin was not an asset on domestic or energy issues). My reading was fairly accurate, except Obama didn't over-reach with overt attacks (the whisper campaign was full blast) and McCain was too much of a statesman to hit Obama in the knees. Then add the market correction and you realize McCain would have been better off with Romney or Portman.
Monday, January 05, 2009
Anthony Fasano: Elite NFL Tight End
This is the second installment in an "I Told You So" series.
Related: NFL: Fasano Is Coming...
Tuesday, November 25, 2008
I Told You So
Wednesday, November 05, 2008
Saturday, October 11, 2008
Market Mindset With Visual Perspective
Can't you understand what's happening here? Don't you see what's happening? Potter isn't selling. Potter's buying! And why? Because we're panicky and he's not. That's why. He's pickin' up some bargain. Now, we can get through this thing all right. We've, we've got to stick together, though. We've got to have faith in each other.

Graphs from http://www.thedigeratilife.com/blog/index.php/2007/07/09/historical-financial-charts-are-you-invested-in-these-markets/
Wednesday, September 17, 2008
Monday, September 15, 2008
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