The Bell Tower

"If government were a toaster, I'd demand a refund"
Yesterday I thought Obama was headed in the right direction regarding the banks. But today, I saw this comment on the front page of the Wall Street Journal from White House Economist Austan Goolsbee: “The key issue is that institutions that are getting a backstop from the taxpayer shouldn’t be able to make a profit off their own investing.” This is why Wall Street won’t wa... [More]


Jan
21

Regulating the Banks

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Finally something half way respectable. “When you see more and more of the financial sector basically churning transactions and engaging in reckless speculation and obscuring underlying risks in a way that makes a few people obscene amounts of money but doesn’t add value to the economy — and in fact puts the entire economy at enormous risk — then something’s got to change.”... [More]


Stop! “In a year of hopping from crisis to crisis, he told ABC News, ‘we lost some of that sense of speaking directly to the American people about what their core values are and why we have to make sure those institutions are matching up with those values.’” If Democrats were running a business, their entire leadership team would be focused on the marketing department. Lis... [More]


Jan
20

Reagan Wins Moscow!

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Republicans Liberate Massachusetts Well, I didn’t see that coming. It’s abundantly clear that the people in this country are angry about Obama’s leftward governance but a Republican in the People’s Republic of Massachusetts? It seems ridiculous. Republicans had best tread lightly here. Mid term elections are historically bad for sitting Presidents but this is not a midte... [More]


Jan
14

George F. Will

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With his usual eloquence Will clarifies the difference between actual conservatism (I call this true liberalism) and various brands of populism masquerading as conservatism. It’s not about the type of government or who wields the power of government. It’s about the role of government: Liberty “Judicial review — let us be candid: judicial supervision of democracy — ... [More]


Jan
13

Take That Evil Fat Cats

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That’ll show ‘em “Michigan Representative David Camp, the top Republican on the Ways and Means Committee, said while he and other Republicans find bonuses being paid by banks that got bailouts ‘irresponsible’ and ‘outrageous,’ they are concerned that taxing banks will hurt lending, and thus job creation. Still, he said, the proposal puts Republicans in a ... [More]


“The Italian tragedy, in my opinion, had its beginnings in August 1939, when, having gone to Salzburg on my own initiative, I suddenly found myself face to face with the cynical German determination to provoke the conflict. The alliance had been signed in May. I had always been opposed to it, and for a long time I had so contrived that the persistent German offers were allowed to drift. T... [More]


Dec
24

Ginzo Television

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Yawn “Jersey Shore is a fabrication created by MTV Networks and marketed to represent reality.” A fabrication? Have you been to the Jersey Shore Senator? You may not like shirtless Italian “men” wearing mascara, drinking fruit cocktails like the girls from Sex and the City and calling everyone stoonad but you can’t spend three minutes at the Jersey Shore without rea... [More]


Dec
23

Edmund Burke

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“I have observed that the philosophers in order to insinuate their polluted atheism into young minds systematically flatter all their passions natural and unnatural. They explode or render odious or contemptible that class of virtues which restrain the appetite. These are at least nine out of ten of the virtues. In place of all this, they substitute a virtue which they call humanity or be... [More]


Dec
06

Yadda yadda yadda

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Sniffle “It was another sketch that gave us pause,” noted PopEater in an article titled SNL’ Lampoons Alleged Violence in Tiger Woods’ Marriage, on Sunday. ‘We think, had the genders been reversed, SNL wouldn’t make light of the potentially violent situation.’” Whatever Poop Eater. It’s a stupid TV show. It’s not serious. Get over your... [More]