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Archive for August, 2009

ATLANTA— I recommend Emmett Tyrrell’s recent opinion piece entitled, Obama’s Carrousel of Incompetence.   It was the first real insider’s view into how things are working in the Obama White House that I have read.  Evidently, Barack Obama, Rahm Emmanuel and David Axelrod are intense micro-managers, with a penchant for overstepping Cabinet-level appointees to meddle in the [...]

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ATLANTA— For a number of reasons, I think the U.S. stock markets will retreat in the upcoming weeks, with the Dow nose-diving off of its August highs.  One of the big contributors this week may be the news from Asia that the Chinese government is going full tilt on tightening monetary policy.

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ATLANTA— I am taking a quick break from my regularly scheduled Monday-morning, dry Obama criticism to share with you about Heathcliffe- the giant cockroach.

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ATLANTA— Caught wind of this through a George Stephenopolous blog post.  Mike Huckabee makes a fantastic point here: Ted Kennedy’s final moments are a profound argument against Obamacare.  Go Mike!

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ATLANTA— John Kanas, owner of a private equity firm that has recently dabbled in buying up failed banking institutions, is predicting that around 1,000 banks will fail in the upcoming 2 years.  This number is significantly higher than the roughly 400 banks that the FDIC currently has on their troubled institution watch list. It probably [...]

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The prospects of recovery of capital and a return on the equity investment to the taxpayer are highly speculative,” —U.S. Treasury Department, August 28, 2009. ATLANTA— Bloomberg.com is reporting that Judicial Watch, a group that advocates government transparency, obtained documents from the U.S. Treasury Department under the Freedom of Information Act that show the Department’s true [...]

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ATLANTA— The RealClearPolitics poll of polls shows Barack Obama’s popularity and approval ratings rapidly declining over his first 7 months in office.  We have been predicting this inevitability since long before the election last November.  The issues facing our nation are too great and Mr. Obama was ill-equipped to handle them. 

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