Archives for January, 2010
Last Tuesday, Massachusetts voters selected an anathema, a Republican, as their new Senator. Such was their disgust with the general atmosphere in Washington that the deepest blue State chose an unknown GOP novice over a reliable Democrat party-line politician. In response to the blood-bath, Obama said, correctly, that the same dissatisfaction with Washington that swept [...]
At the time of this entry, Massachusetts voters are deciding on their next Senator. A fresh poll shows the GOP candidate Scott Brown up by 9 points. Given AG Coakley’s desperate thrashing to the finish line, Brown’s chances look good. Amazing as that is, the real political tsunami will hit the House. Rep. Stupak and [...]
As Shout Bits predicted in May 2009, the Obama Administration has no intention of letting US banks simply repay their bailout loans with interest. This week, Pres. Obama proposed a new 0.15% tax on uninsured liabilities for the largest banks. Aside from essentially adding 15 basis points to most mid-sized commercial loans over the next [...]
Contrary to common belief, and even some prior Shout Bits entries, Pres. Obama’s recent handling of politics in Colorado demonstrates exceptionally poor political instincts. Obama has proven to be adept at sidelining his Democrat rivals and bullying Democrat Moderates into supporting his radical socialist agenda, but he is clueless about the Center Right heart of [...]
Yesterday, Bloomberg reported that the auto industry is recovering, with the exception of GM and Chrysler – the two Government owned firms. While there may be many explanations for GM’s double digit sales decline compared to the other companies’ double digit sales gains, perhaps some of the credit goes to citizens rightly outraged by the [...]
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