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Archive for December, 2008

LONG BEACH— State controlled media of China has released an assessment of the world.

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ATLANTA— Angela Merkel has been making a surprising amount of sense to me as she seeks to lead her country through the current economic malaise that has afflicted the world.  She is resisting calls to engage in the massive “stimulus spending” that so many other countries, including

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  ATLANTA— The Obama team is clearly trying to think outside of the box as they address the current economic crisis gripping the United States.  Esquire magazine is reporting that the Obama team is privately considering the legalization of marijuana as an economic stimulus. Such a move would be similar to FDR ending prohibition as part [...]

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LONG BEACH— So this is Christmas. It’s cold and rainy. It’s cloudy outside. This isn’t much like Southern California.

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ATLANTA— The Associated Press has completed a fascinating study.  It finds that around $1.6 billion in TARP money was paid out to

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ATLANTA— After watching Rod Blagojevich’s press conference, all I can say is, “Wow.”  This is the level of audacity you expect from petty third-world tyrannts.  Not a U.S. governor. 

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ATLANTA— The lesson I am learning from all of the government’s interventionism over the last few months is that it’s ok to fail and mismanage other people’s money.  The U.S. government has been doing it for decades- why not

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