Texas GOP Vote

The G-20 Summit has produced a division between Europe and the United States. When the Greek economy went belly up this past spring, Europe found that the welfare state has reached its logical end point. What transpired was a Europe separated into the haves and the haves-not, with the haves wondering if their fate will soon follow the have-nots.  Read more »

I certainly can’t recall 2 years when I’ve seen an administration barrel its agenda directly into the wing, whether political or judicial. George W. Bush resolutely prosecuted the war in Iraq, even as its public popularity sank. Though I regretted much that he did, I credited him for that; putting his convictions about security and protection of Iraqis above American polls.  Read more »

I started doing research in order to write about the 21% in Medicare payments to doctors that will go into effect on Friday, June 18, 2010 unless Congress acts fast. * Instead, I got caught up in HR 4213, the "Tax Extenders Act" - legislation containing the “doc fix” that would postpone the cut. HR 4213 is not a simple bill designed to fix a couple of problems.  Read more »

Robert Romano discusses the Keynesian Paradox in this article, quoting:

The threat of a double-dip recession is real, but it should not be cause for more government “stimulus,” deficit-spending, bailouts, and low-interest monetary easing. The primary reason for the current market downturn is unacceptably high levels of sovereign debt and spending in Europe, the U.S., Japan, and elsewhere.

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Republican National Committee (RNC) Chairman Michael Steele released the following statement regarding Pennsylvania's primary elections:

Arlen Specter’s defeat [Tuesday night] is yet another blow to President Obama and his vaunted political operation. Like fellow Democrats before him, Arlen Specter’s loss should strike fear in the hearts of Congressional Democrats who choose to embrace the President’s reckless liberal agenda despite the clear objections of their constituents because they thought the White House could bail them out.

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Veteran Republicans of course, are persuaded that Elena Kagan will win easy confirmation to the Supreme Court. That may or may not be the case, but the problem is that veteran Republicans, soaked in generations of political convention, are all wet. It is unfortunate that most or all of Senate Republicans are also soaked in generations of conventional wisdom.  Read more »