Scattered Thoughts on Life & More
We’ve been told for months now by politicians, especially Democrats, that the U.S. economy is in shambles. Over the past few days we’ve been told that government must act now in a huge way to bail it out before the woes of Wall Street hit Main Street. We’re told that […]
Jeffrey A. Miron is a senior lecturer in economics at Harvard University. He is a Libertarian and was one of 166 academic economists who signed a letter to congressional leaders last week opposing the government bailout plan. His commentary, entitled Bankruptcy, Not Bailout, is the Right Answer, was published today […]
Think about this with me for a minute if you would. The government is asking us taxpayers to hand over $700 billion more dollars on top of the $2+ trillion we already give them (or they obligate us with in the form of debt). That’s an enormous amount of money. […]
A few hours ago the U.S. House of Representatives defeated the $700 billion “emergency rescue” package designed to boost our nation’s financial systems and prevent an economic meltdown. More than two-thirds of Republicans and 40% of Democrats voted against this legislation. AP Reporter Julie Hieschfeld Davis reported the following comments […]
I watched the first Presidential Debate between Senators John McCain and Barack Obama that was held last Friday in Oxford, Mississippi. I wish I could have been there, especially considering it was only about a 90 minute drive from home, but I didn’t make the tiny list allowed to attend. […]