It's Friday, so I'm keeping it light and to the point. Besides the close proximity to the Christmas holiday and other reasons, I'm just too mad about our lame-duck President Bush copping to the auto bailout and too mystified by the intensity of the Senate appointment process for Governor Ritter to replace Ken Salazar. So here goes an opportunity for a few laughs: Yesterday, a friend introduced me to the It's Lovely! I'll Take It blog, which glibly pans bad real estate listing photos (something in the spirit of this humorous masterpiece of a book). If you're looking for something a little more Christmas-y, you ought to read "Twas the Night Before Single-Payer" posted by Dr. Paul Hsieh over at the We Stand FIRM blog. … [Read more...]
Would Ed Perlmutter Vote our Taxpayer Dollars to Bail Out the Big Three?
From The Hill (via Rocky Mountain Right):Rep. Ed Perlmutter (D-Colo.) sat on an exercise bicycle at the Wheat Ridge Recreation center this weekend, hearing unvarnished advice from constituents about the auto bailout. “It was one after another,†Perlmutter recounted. “One guy would come up and say, ‘You can’t let them fail.’ The next guy would say, ‘Let them go bankrupt.’ †Perlmutter said he was leaning in favor of the bailout, but couldn’t say for certain until he sees final language. As a constituent of Ed Perlmutter who is paying very close attention to these developments, count me among the latter: Let them go bankrupt. It's the bitter medicine needed, certainly not a vast government takeover at the … [Read more...]
Blago and Bailouts Connected in Anger-Inducing Big Government Theme
Economist Steve Horwitz ties the thread between the two mammoth stories running through the blogosphere right now (H/T Brian Doherty, Reason):I can't help but note that yet another politician is indicted on corruption charges at the very same time we are handing over unprecedented power to the political class as we partially nationalize the banking system and, apparently, the Big Three auto companies. I simply do not understand how those who are in favor of giving government all of these new powers because they sincerely believe that doing so will work out the way their blackboard designs intended can keep a straight face. What kind of cognitive dissonance must it take to believe that the people YOU are handing power over to are "not … [Read more...]