David Kellerman, the acting Chief Financial Officer and Senior VP at Freddie Mac, was found dead early this morning from at his home in Virginia. It is described as an apparent suicide. The press is rightly comparing this with the very similar “suicide†of Enron’s top accountant. When large sums of money disappear, the person …
Month: April 2009
Iran tells it like it is:
In his April 15, 2009 speech, Iranian President Mahmoud Ahmadinejad told America: We say to you that you yourselves know that you are today in a position of weakness. Your hands are empty, and you can no longer promote your affairs from a position of strength. … with the grace of God, and thanks to …
We are all terrorists now
The liberty papers found an interesting Obama document. It seems that it is not those poor misunderstood adherents of the Religion of Peace that are a problem. It is any American who disagrees with the Obama agenda. Michael Malkin confirms the document is real, not a parody. Veterans are also terrorists, no doubt it comes …
Dr Lindzen on “corrected†data
Dr. Richard Lindzen on “corrected†climate data. it has become standard in climate science that data in contradiction to alarmism is inevitably ‘corrected’ to bring it closer to alarming models. None of us would argue that this data is perfect, and the corrections are often plausible. What is implausible is that the ‘corrections’ should always …
Worshippers of the Obamessiah start to wake up
The New York Times almost gets it right: Obama’s Ersatz Capitalism What the Obama administration is doing is far worse than nationalization: it is ersatz capitalism, the privatizing of gains and the socializing of losses. It is a “partnership†in which one partner robs the other. Close but no banana. It is crony capitalism, which …
Government pisses away the entire GDP in five months
Bloomberg reports that since November, the government has spent, loaned, or guaranteed 12.8 trillion, an amount very close to one year’s GDP – one year of everyone’s income, or $42,105 for every man, woman, and child in America.
Smashing capitalism
President Barack Hussein Obama tells us: Your warranty will be safe. In fact, it will be safer than it has ever been. Because starting today, the United States will stand behind your warranty. This reads like something out of “Atlas Shruggedâ€. I predict fifty percent inflation or so over the next three or four years …
Geithner’s plan explained
President Barack Hussein Obama tells us: Your warranty will be safe. In fact, it will be safer than it has ever been. Because starting today, the United States will stand behind your warranty. This reads like something out of “Atlas Shruggedâ€. I predict disturbing inflation or so over the next three or four years – …