Sparty

According to reports, President-elect Obama is considering naming Hillary Clinton Secretary of State.  Though there are more experienced foreign policy experts I believe she is capable of doing the job.  My question is why would she take it?  I can understand why President-elect Obama would name her to the post–it silences his only potential Democratic rival in [...]

Though I wanted Senator McCain to win, I do want to congratulate Senator Obama on being elected the 44th President of the United States.  The title of a article on National Review Online by Bill Whittle said it best on how one should act in defeat:  The only solace to be found in losing is in [...]

It took me about 55 minutes to vote this morning.  A rational person would say why bother (see Tyler Cowen’s comments at Marginal Revolution)?  As a Republican in the District of Columbia I was I believe one of about five residents who voted for Senator McCain.  In addition, the only other real race in the city [...]

I happened to be in the book store today and I saw a book–published a couple of years ago–called The Coming Economic Collapse:  How to Thrive When Oil Costs $200 a Barrel, by Stephan Leeb.  I wondered why it was not in the bargain bin after reading oil is down to $65 a barrel–down about [...]

Some good economic news, durable goods orders increased in September.

Yesterday Betsy’s Blog commented on the conviction of Senator Ted Stevens on corruption charges.  She has a very good take on the story:
Ted Stevens is one GOP senator I certainly won’t miss.  The Washington Post points out the pettiness of the gifts that Stevens has been [...]

Here are some interesting blogs today:
The price of oil has fallen to $67 a barrel since the high of $147 in July.  This is a drop of 54% in the past three and a half months.  So much for Senator Obama’s hope of bribing voters by giving them a $1,000 rebate raised from the windfall profits tax on oil companies.
Jacob Sullin [...]

This clip on YouTube is a damning portrait of who bears some of the responsibilities for the financial crisis.  Granted these are selected clips from the hearing, but it does show the then Republican majority criticizing the way Franklin Raines and the other directors ran Fannie Mae and Freddie Mac.  At the same time you have [...]

Contrary to my belief in the merits of the free-market, I supported the $700 billion bail-out—partly out of selfishness because I did not want to see my 401k statement if it didn’t pass.  Supporting the free-market can be difficult, especially when you are living through tough times.  After reading article by Joseph Calhoun I am [...]

State farm income data released by the Bureau of Economic Analysis shows the federal subsidies for ethanol production have not been the boon to farmers as politicians hoped it would.  An article in the Washington Times describes the over-construction of plants to produce ethanol from corn has stretch the capacity of farmers to produce enough [...]

According to The Washington Times, 25% of the legislation passed by the current Congress involved the renaming of post offices.
I guess I need to get up to speed on current events–I did not realize the federal government had solved the problems of the looming Social Security and Medicare shortfall; the energy crisis; and the economic [...]