Posts under ‘News’

It’s been in the news for a while now — the mosque that Muslims want to build near the site of “Ground Zero” — the former site of the World Trade Center twin towers that were felled on 9/11/2001 by suicidal Muslims invoking the name of Allah. It’s time I weighed in on this. I think Muslims [...]

The problem that began with sub-prime loans has now spilled over into the rest of the mortgage market, as the economic downturn has led to massive lay-offs, with the result that many formerly credit-worthy people are now unemployed and cannot make their mortgage payments either.

So, the relatively small numbers of sub-prime loans that go bad, because the borrowers were not credit worthy to begin with, can bring down an entire world’s economy. We’ve proven that.

Rather than place blame on the politicians who required that loans be made to those who were not credit worthy, we blame the lenders themselves.

It’s simple, really. The poor don’t have the trillions needed to run the gargantuan Federal government. Neither do the rich people. If you took all the income earned by every “rich” person, it would run the government for a few weeks at most. ALL the rest of the money that government spends comes from the vast middle class — the people for whom Obama says he will cut taxes — even as he proposes a trillion dollars in new spending.

Today’s coverage of the Republican National Convention (as reported by CBS) Consisted of George W. Bush on a huge TV screen providing all the usual blather about what a great president John McCain will make. This was followed by more coverage of the scandals surrounding Sarah Palin. The Republicans did have some good talking points [...]

This posting was to have been about the first day of the Republican National Convention but there were a few snags. First, the everyone felt it would be unseemly to carry on convention activities as planned with Hurricane Gustav threatening the gulf coast, so actual convention activity was limited to just 2 1/2 hours of [...]