First Principles

So.  On the day after Congress fails to pass a bailout plan and then goes on vacation, the Dow regains nearly 2/3rds of the previous day’s loses…  Think what we can accomplish if they stay on vacation!

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Barack Obama constantly talks about how George Bush’s “gutting” of Wall Street regulations (with john McCain’s help) is what is responsible for the current financial mess.  I dare him (or anyone else) to name one such gutted regulation that would have helped prevent the current problem in the slightest.  Just one!!!  Why doesn’t he?  Because […]

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Our message to Wall Street is this: the party is over. The era of golden parachutes for high-flying Wall Street operators is over. No longer will the U.S. taxpayer bailout the recklessness of Wall Street. Said Nancy Pelosi, right before she voted to force the U.S. taxpayer to bailout the recklessness of Wall Street.  Fortunately, […]

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