Comments on Senator McCain’s Acceptance Speech

Presidential Politics No Comments »

The first rule of thumb when choosing a running mate is:  Do no harm.  The same could be said for Senator McCain’s acceptance speech last night.  Given the widely praised speech by Gov. Palin the night before, he had a tough act to follow, especially since Sen. McCain’s strong point is not teleprompter read speeches.  [...]

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Does the Economy Really Fair Better Under Democratic Presidents as Compared with Republican Ones?

Economics, Presidential Politics, Uncategorized No Comments »

This past week a couple of article appeared in the Washington Post and the New York Times which talked about how the economy over the past 60 years has faired much better under Democratic presidents than under Republican ones.  Technically it is true.  But it is really only part of the story.  Don Luskin has [...]

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Governor Palin is the Choice

Presidential Politics, Uncategorized 2 Comments »

According to Fox News, Governor Sarah Palin is Senator McCain’s choice as a running mate.  Please allow me to briefly toot my own horn but in an earlier posting on this blog Gov. Palin was my choice for the Republican VP slot.
I think given the circumstancesthis is the best choice.  For one thing it will mitigate [...]

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Proposal to Reduce Federal Government Spending

Economics No Comments »

With the coming retirement of the baby boomers, in the next decade the federal government will take in less money in payroll taxes than it spends in social security payments.  Some argue the government planned for this contingency thirty years ago when they raised payroll taxes, taking in more revenue than it paid out and [...]

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Washington Archbiship Wuerl Corrects Speaker Pelosi

Catholic Church, Presidential Politics No Comments »

It is nice to see Archbishop Donald Wuerl of Washington publically come out and correct House Speaker Nancy Pelosi’s asinine attempt to justify her support for abortion through gross misinterpretation of the Church’s teachings.  Her justification was partly based on what some Church doctors centuries ago wrote—that life began at the third month of pregnancy.  It [...]

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No Communion for Biden

Catholic Church, Presidential Politics No Comments »

According to the article in the Washington Times, Archbishop Charles Chaput states Senator Biden should not receive Holy Communion due to his pro-choice views on abortion.  As I mentioned in an earlier blog, I did not think Senator Obama would choose Sen. Biden because he would not want to revisit the controversy Senator Kerry went [...]

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A Potential Problem with Senator Biden as a Running Mate of Senator Obama

Presidential Politics No Comments »

One person talked about as a potential running mate of Senator Barack Obama is Senator Joe Biden of Delaware.  Over the past few weeks political pundits have discussed the pros and cons of Senator Biden as a vice-presidential candidate.  One thing I have not heard mentioned is the fact Sen. Biden is a pro-choice Catholic.  [...]

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The Misconceptions of Supply-Side Economics

Economics 1 Comment »

In the Michigan paper The Oakland Press, former union local president Gil Lapoint has an article called “History shows ‘supply-side’ not good,” where he writes about the evils of supply-side economics.  I am always amused when non-economists write articles about economics, especially Liberals, because of the numerous mistaken economic rationales. 
 
Mr. LaPoint writes:
 
Capitalism has its [...]

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Senator Obama and Bill O’Reilly Continued Demagogue of the Oil Companies

Economics, Presidential Politics No Comments »

This week, Senator Barack Obama and Fox News commentator Bill O’Reilly continued to demagogue the oil companies and blame them for all that ails the economy.  In a speech today in Youngstown, OH Senator Obama said:
 
While Senator McCain’s plan won’t save you at the pump anytime soon, it sure has done a lot to raise [...]

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Senator Obama’s $1,000 Rebate Check Plan

Economics, Uncategorized No Comments »

There is an old adage:  Give a man a fish and he eats for a day; teach him to fish and he eats for a lifetime.  Senator Obama’s plan to give every American a $1,000 check—financed by a windfall profits tax on oil companies—basically gives every American fish for a day.  It does nothing to [...]

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