The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

Wall Street Panic: European Woes, Inflation, Weak Data Tank Market

L.A. Times: Global stock markets plunged anew Thursday amid intensifying concerns about Europe’s debt crisis and a batch of disheartening economic reports in the United States. The Dow Jones industrial average tumbled more than 470 points, and other indexes followed suit. . . . In addition to the European sell-off, U.S. traders were hit by […]

Scapegoater-in-Chief: President Obama Blames Tea Party for High Unemployment

Some have called it the “Magical Misery Tour,” and the allusion to the Beatles’ psychedelic phase is quite apt, because Obama must be tripping: President Barack Obama accused Republican Tea Party activists of holding back the economic recovery Tuesday, hiking pressure on Congress to pass his yet-to-be unveiled jobs plan. On the second day of […]

Unlike a Wall Street CEO, Blogger Can’t Afford Mistresses in Three Countries

Meet John Duffy, a multimillionaire investment banker who is probably about to become a few multi-millions poorer when his wife’s divorce lawyers get through with him: John Duffy, 62, the married CEO of the Keefe, Bruyette & Woods investment bank, has lavished millions of dollars’ worth of homes, jewelry and sexy outfits from Victoria’s Secret […]

Denison: Overflow Crowd Hears Herman Cain Slam Obama: ‘That’s Not Leadership!’

DENISON, Iowa Republican presidential candidate Herman Cain today denounced as “pathetic” the response of President Obama and other Democrats to the recent downgrade of U.S. credit. “Today, the president, Senator [John] Kerry and other Democrats now want to blame somebody for the credit downgrade – other than themselves,” Cain told a standing-room only crowd at […]

Hate to Say I Told You So, But …

You should have listened to Glenn Beck! Bullion strikes record above $1,700 on S&P downgrade By Lewa Pardomuen/REUTERS Bullion roared to record highs above $1,700 an ounce on Monday as an unprecedented downgrade to the U.S. credit rating sent investors scrambling out of riskier assets, hammering equity markets and the dollar. Both U.S. gold futures […]

Liberals Spinning S&P Credit Downgrade: BLAME IT ON THE REPUBLICANS!

Nothing is more amazing than the ability of liberals — both politicians and “journalists” — to synchronize their lies. In the wake of Standard & Poors downgrading of the U.S. credit rating Friday, the Democrat-Media Complex has now forged a consensus that this had nothing to do with massive two-year binge of deficit spending embarked […]

VIDEO: Bachmann Demands Resignation of Treasury Secretary Timothy Geithner

DES MOINES, Iowa — As reported last night at The American Spectator and at Libertarian Republican, here is video of Bachmann’s statement: The text of Bachmann’s statement: “Tonight’s decision by S&P to downgrade our credit rating to AA+ is a historically significant and serious event for the United States. The United States has had a […]

How to Prevent Economic Growth

“Tax cuts do not . . . create jobs . . . When we do not ask the super rich and the corporations who make billions of dollars of profits off of the American economy [for more taxes], we will not have the funds to keep that engine running . . . to make sure […]

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