This is a more acerbic look at the president’s announcement of “victory” in the GM bailout. The man’s hubris and audacity are breathtaking.
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It was a victory of a kind, but not for the American taxpayer.
Outside the walls of his church the reverend is as dumb as a box of rocks when it comes to economic reality.
The insiders are relentless and indefatigable in their determination to inflict world government on the rest of us.
Economic reality overturned upside-down economic theory when two Walmart stores opened in Washington, DC last week.
This is nearly unalloyed good news on a number of fronts.
All of this is unalloyed good news. The Texas energy boom is turning over all manner of statist interventions, especially including OPEC. It’s upsetting Russia and China as well. It’s a glorious development.
How do you count the quality of life an economy like ours brings to everyday pleasures and accomplishments?
In the face of the largest municipal bankruptcy in history, the state of Michigan decided to go ahead and let Detroit build another half-a-billion dollar public works project in order to “stimulate” the economy. Will these people ever learn? Apparently not.
The new GO will be better than the old GDP, but it will still miss huge swaths of economic activity taking place here.