The ongoing bailout of Chrysler and General Motors cannot be looked at as anything other than a bailout of the UAW.  By some estimates, the American taxpayer will be shelling out $215,000 for every job saved.  The massive waste of time and money surrounding these shenanigans boggles the mind.  Does anyone doubt that these companies [...]

Secretary of Energy Steven Chu, whose pronouncements on energy tend toward the wacky, today said something that actually makes sense.  He called for roofs around the world to be painted white.  This is something that will make a huge difference in ameliorating the heat island effect, and in cooling the planet.  And it is not [...]

In testimony before congress today, Treasury Secretary Geithner let slip what typifies the mindset of ideologues like those in the Obama Administration.  When questioned by some congressperson or other about Chinese currency liberalisation, Geithner proferred that their currency liberalisation had been “substantial”.  The congressperson, unsatisfied with the generalization “substantial” pressed for Geithner to cough up [...]

Has anyone noticed that no one in commercials can say “dot com” normally?  I suppose I am crazy.  I watch CNBC all day long every day because I am trading from 7:30 to 4.  Well I do not really watch it but I have it on so I hear it.  If you hear alot of [...]

Demunists and Commocrats are trotting out their talking heads today in response to the Feldstein WSJ editorial that higher taxes will hobble the economy.  I am sick to death of hearing their slobbering response, which assumes that everyone is a craven knothead willing to accept whatever tripe they proffer in their tired missives.
First is the [...]

I did not know Bill Seidman, but my impression is that he was one of the good guys and that the world will be a worse place for his absence.  I am saddened that someone of such obviously genuine good will, tolerance and humor has left the scene.  His impish smile was infectious.  He was [...]