Observation of the Day: On the Big 3 Bailout

At my Pajamas Media column (”U.S. Auto Industry Crashes; Taxpayers Serve as Airbag”), courtesy of “Al Brown”: 25 billion is more than the market cap of all three...

Quote of the Day: On the Bailout

Arnold Kling, at Pajamas Media: The risks of enacting the plan are far worse than the risks of doing nothing. With ironclad controls, I might disagree with Kling. But based on how it is currently...

Quotables

I'm a fond collector of striking thoughts. Here's a few I've noted in the past week or so. I like 'em ...?It?s not what you know, and it?s not even who you know. It?s how much knowledge you give...

Pic of the Day

Image is courtesy of NixGuy. Certified racism-free status can be extended to Blackwell voters who go for Barr, Nader, even McKinney, or anyone other presidential candidate besides “The One” I refer...

Passage of the Day: From IBDeditorials.com (Also, ‘Privatized Profits, Socialized Losses’)

After listing the roughly $2 trillion in bailouts ($800 billion) and money injections ($1.2 trillion) the Federal Reserve and Treasury have spent or committed to, mostly in the name of saving Wall...