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Archive for January, 2009

What Did They Expect?

Andy Spero | January 31, 2009 | 0 Comment(s) |

Geez, The Wall Street Journal editorial board really hasn’t fared well during the ongoing mortgage debacle and liquidity crisis.  They’ve come across looking inconsistent and reactionary and kind of weak.

Now, on their opinion page, they start their “About Us” description with the phrase “We are for free markets and free people…”

We suppose they’re for freedom, except when they’re not–like when the editors supported the original TARP plan.  It seems that they didn’t consider the risks of further politicization of the economy or how government encroachment might… Read the rest

Our Cop Show Pet Peeve

Andy Spero | January 29, 2009 | 0 Comment(s) |

Tonight we were watching the CBS crime drama Eleventh Hour, and the two stars were locked in a large, metallic, walk-in freezer.  

To escape, the cute, blond female FBI agent shot a magazine full of bullets at the door lock.  

We don’t know the total shot count, somewhere between five and ten, but one round would be sufficient for our point.

When she finished, the good Dr. Hood mumbled something to her and she acknowledged him.  

Of course, neither character was wearing ear plugs.

Now, this is a… Read the rest

The Problem of Induction

Andy Spero | January 28, 2009 | 0 Comment(s) |

If you missed it on Monday (January 26), L. Gordon Crovitz had an interesting article in The Wall Street Journal entitled Bad News Is Better Than No News.  In our zeal to complete a project, we missed it when it was published, but now mention to the reader that it is worth their time.

We like it because it is consistent with much that we’ve written on these pages since the blog’s inception, and especially since last September.  For example: no one knows what the mortgage thingies are worth, the banks… Read the rest

The Catholic Madrassa?

Andy Spero | January 28, 2009 | 0 Comment(s) |

In earlier days, we spent a decent amount of time reading essays and blog posts on conservative web sites–not the extremely agitated ones, just the normal ones.

Last Fall we got tired of the silliness of both the pundits and the politicians.  For example, we recall reading that Melissa Hart, our former Congresswoman, wouldn’t take a position on–what can to be know as–TARP until her election opponent, Jason Altmire, did, and then, regardless of his position, she planned to attack him.  That seemed kind of lame and duplicitous to us, and… Read the rest

Where Will the Obama Presidency Lead?

Andy Spero | January 25, 2009 | 0 Comment(s) |

Or, Will Blacks Be the New Catholics?

Yes, the subtitle is purposely provocative, but we’re interested in certain long-term implications of the Obama Presidency and what it means for choice and freedom among certain voting blocs.

This weekend, like most weekends, Peggy Noonan has an interesting essay in The Wall Street Journal.  It is entitled, What I Saw at the Inauguration.

As we noted in the past, Ms. Noonan is an extremely astute observer of the zeitgeist, and there was much on display this past week… Read the rest

The Stimulus Package: Robbing Peter to Pay….

Andy Spero | January 21, 2009 | 0 Comment(s) |

Err, Um, Peter?

That’s seems to be the way that the $825,000,000,000 “stimulus” package will work.  We know it’s “only”a mere  $550,000,000,000 in spending, after $275 billion in tax cuts, but we’re getting old, and that still seems like a lot of money to us.

The only way these projects can create wealth is if the completed projects have a present value greater than the cost of $550,000,000,000, and we know that measuring items like ”wealth” and “value” and “utility,” which we did not use above, is extremely difficult.  (See our… Read the rest

The Wall Street Journal Widget

Andy Spero | January 21, 2009 | 0 Comment(s) |

Update: actually, we got rid of it.

We have a cool new widget at the bottom of our left column.  It provides links to daily editorials in The Wall Street Journal.  It requires Macromedia Flash, but we thought that prerequisite was at least as universal as the alternative: javascript.

Since we reference the Journal so frequently, we thought it was the least that we could do for it:  provide it with a bit of free publicity for our readers who have never heard of the newspaper.  (That’s a… Read the rest

A Solution to the Illegal Immigrant Problem

Andy Spero | January 21, 2009 | 0 Comment(s) |

The “Stimulus” Package, Public Works, and a Reasonable Path to Citizenship

We’ll have a post later today or tomorrow criticizing the proposed $550,000,000,000 stimulus package.  Our basic point: how often has the federal government spent our tax dollars wisely, especially recently?

However, it seems that the eventual passage of the massive bill is inevitable; so, we propose a solution to spend some of the money, in a wiser, more humane way than most can imagine.  In fact, we believe that the country may be able to recoup much of the… Read the rest

Were There a Lot of Bank Stock Splits Today?

Andy Spero | January 20, 2009 | 0 Comment(s) |

Geez, we’ve been so busy with our web design business that we turned our head only slightly away from the market to digitize our good taste (for the benefit of others, of course) and watch a bit of the inauguration.  The next thing we know the large banks seem to be worth about half of what they were last week.

Did they collectively decide on simultaneous stock splits today?

It sure seems that way.

Other than the inauguration, which can’t be viewed as anything worse than neutral news and wasn’t… Read the rest

Good Luck, Mr. Obama!

Andy Spero | January 20, 2009 | 0 Comment(s) |

May God bless you, watch over you, and help you to take the right actions for the nation and its current and future citizens: born and unborn.

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