Category Archives: auto bailout
The president is threatening that there’s more where the auto bail-out came from.
Meanwhile a Congressional Budget Office report says a walk off the fiscal cliff will plunge the economy back into recession.
From spaghetti westerns to J. Edgar Hoover, Clint Eastwood commands attention. So when he gives a half-time pep talk at the Super Bowl you listen. Rich Lowry gave the performance a rave review but didn’t care for the script.
Republicans used to call it tax and spend. Now it’s mostly just spend. Democrats call it investing. For all the hope and change, things have stayed pretty much the same.
Fredrich Hayek’s 1944 classic Road to Serfdom has become a best seller again. He said that governments tend to plan production for political, rather than market, purposes. Government owned GM’s new Volt costs $41,000, runs on a battery, and gets 40 miles per charge.