The City Council wants to balance the budget on the backs of commuters with a new tax that's a lot like an old one. They want to make people that work in the city, but live in the suburbs pay. Nov 17, 2008 - Edmundo
The economy of the euro zone slipped into recession for the first time during the third quarter, the European Union’s statistics agency confirmed Friday, as the financial crisis continued to depress manufacturing activity and consumer demand. November 14, 2008 - Edmundo
The technocratic compulsion is very seductive to a lot of people (including, I think, our President-elect). I can't tell you how often I hear "if we just had one smart person to clean up the mess..." But it never works. Just think about this auto czar idea being trial-ballooned this week. November 12, 2008 - Edmundo
Government spending fails to stimulate economic growth because every dollar Congress "injects" into the economy must first be taxed or borrowed out of the economy. Thus, government spending "stimulus" merely redistributes existing income, doing nothing to increase productivity or employment, and therefore nothing to create additional income. Even worse, many federal expenditures weaken the private sector by directing resources toward less productive uses and thus impede income growth. November 12, 2008 - Edmundo
Yesterday was Veteran's Day (or Armistice or Remembrance Day, depending on where you live), a day set aside to honor those who have served in the military. Today, on the day after, it seems appropriate to share some photographs of U.S. soldiers currently in the thick of war in Afghanistan. Getty Images photographer John Moore spent some time recently in Afghanistan's Korengal Valley, near the Pakistani border, with Viper Company of the 1-26 Infantry, and brought back these images, documenting what he saw. The final two photographs do not involve Korengal, but are striking examples of these difficult and complex times, and the sacrifice of one American family. - Edmundo
During the campaign, Barack Obama pledged to mimic the Hoover-Roosevelt policies that lengthened the Depression. Let's hope that like Obama's other promises, this one is subject to reconsideration. November 11, 2008 - Edmundo
Abandoned places are great for letting the imagination run wild. Whether they were once used for housing or work, buildings and sites which have been forgotten and allowed to fall into disrepair are fascinating glimpses into the past. Some of the most haunting abandonments, however, are those that were once used to entertain and educate - filled with vast once-vibrant gathering and learning spaces. 10-11-2008 - Edmundo
Progressivism was America’s answer to socialism. While socialists believed everything should be owned by the government, progressives were willing to let the capitalists run a lot of industries, but argued that certain key industries should be government run. This stance made progressivism less threatening than socialism and gave them some political ground to stand on. 10-10-2008 - Edmundo
"Let's see if I have this right. I, and millions of my fellow citizens, in addition to our other burdens, will now be asked to bail out the American automobile industry, which has fallen on hard times. No less a pair of automotive authorities than Nancy Hot Rod Pelosi and Harry "High Octane" Reid have said so." November 10, 2008 - Edmundo
With support from major foundations and political heavy hitters like Barack Obama, universal preschool is the next big thing in education reform. Indeed, it's second only to universal health care on the liberal wish list. The goal is to offer publicly funded preschool—complete with credentialed teachers and and a standardized curriculum—to all four-year olds during the school year. - Edmundo
posted a message
“How is a bail out of the auto companies by Pelosi and friends change? What exactly is the change the Left talks about?”
Unions mi amigo....unions. If GM, Ford or Chrysler are destined to go under then let them. They'll be replaced easily enough. The 'change' is just whom the respective parties are beholden to. - Peter Simard
oh, that is only the beginning .. obama, like all presidents, is a public face ... the game goes on no matter who is out front .. call it collective consciousness, or a conspiracy, there is only one party .. - Gregory Lent
He didn't promise good change. This is the bad change that is also change. - Charles LePage
The traditional media are playing a very, very dangerous game -- with their readers, with the Constitution and with their own fates. Oct. 24, 2008 - Edmundo
reactionary businesses, not a lot of great minds in that profession anymore - Gregory Lent
Barack Obama's former pastor, speaking Thursday at a forum about race and religion, criticized the media's coverage of a controversy that threatened to derail Obama's campaign and caused the president-elect to sever ties with his longtime spiritual leader. November 6, 2008 - Edmundo
Sometimes you just can't make life up. Talk about picture perfect. As I was saying earlier today, Democrats are humorlessly, though sometimes hilariously, un-self-aware. Nov 2, 2008 - Edmundo
Gov. Arnold Schwarzenegger has proposed $4.4 billion in tax increases and billions more in spending cuts to close California's worsening budget deficit, declaring: "We must stop the bleeding." November 6, 2008 - Edmundo
Barack Obama's victory last night was no doubt historic, and the Democrats, as expected, extended their leads in the House and the Senate. But their victory was no landslide, despite what appeared to be overwhelming advantages. November 5, 2008 - Edmundo
Earlier this year, 12,000 people in San Francisco signed a petition in support of a proposition on a local ballot to rename an Oceanside sewage plant after George W. Bush. The proposition is only one example of the classless disrespect many Americans have shown the president. * November 5, 2008 - Edmundo
Russ Roberts argues that government intervention creates uncertainty and businesses don't like to do business in that type of climate. October 31, 2008 - Edmundo
Mike Munger of Duke University talks with EconTalk host Russ Roberts about the often-vilified middleman--someone who buys cheap, sells dear and does nothing to improve the product. Munger explains the economic function of arbitrage using a classic article about how prices emerged in a POW camp during World War II. Munger then applies the analysis to the financial crisis. October 27, 2008 - Edmundo
Former head of the Federal Election Commission, now a law professor at Capital University, talks with reason.tv about how campaign finance laws punish political speech. And why John McCain won't shake Smith's hand. October 30, 2008 - Edmundo
Wall Street unwittingly created one of the catalysts for the collapse of Bear Stearns, Lehman Brothers and American International Group by backing new bankruptcy rules that were aimed at insulating banks from the failure of a big client, lawyers and bankers say. October 30 2008 - Edmundo
"I am a Cuban-American who left his homeland 49 years ago and is grateful to this great country for all the opportunities provided to my family and me. I also am proud to be an American citizen. As Election Day draws nearer, and I continue to read and hear about economic fallouts, bailouts and that "change" is needed, I remember of what happened in Cuba when a young, eloquent leader was telling Cubans that we needed "a change" based on redistributing the class wealth. By the time he was done, all Cubans were equally poor, which also carried the loss of our human dignity." Oct. 26, 2008 - Edmundo
IS THIS the end of American capitalism? As financial panic spread across the globe and governments scrambled to contain the damage, reality seemed to announce the doom of U.S.-style free markets and President Bush's ideology. But this is wrong in two ways. The deregulation of U.S. financial marke... - Edmundo
South Boston has had a lot of famous political names over the years: John Joseph Moakley, William M. Bulger, Louise Day Hicks. Now, Americans can add another one to the neighborhood roster: Zeituni Onyango. Barack Obama's campaign confirmed yesterday that Onyango, who lives in a brick public housing complex on a side street not far from the headquarters of the Iron Workers, Local 7, is the senator's aunt. October 31, 2008 - Edmundo
A lot of folks, particularly on the left, look with some fondness at the political economy of continental Europe. They are attracted by high job security, short work weeks, long vacations, and a strong welfare system. They make the mistake of seeing in these traits a more promising society "for the little guy," when in fact just the opposite is true. October 28, 2008 - Edmundo
Well, there is some good news to report. Republican efforts to hold U.S. Christopher J. Dodd accountable for his two sweetheart loans, his absence during the financial crisis while he campaigned for President and renewed questioning by Connecticut media has resulted in dangerous polling number for the five-term incumbent. October 28, 2008 - Edmundo
"An open letter to the local daily paper — almost every local daily paper in America: I remember reading All the President's Men and thinking: That's journalism. You do what it takes to get the truth and you lay it before the public, because the public has a right to know. " - Edmundo
"Obama Bombshell Audio Uncovered. He wants to Radically Reinterpret the Constitution to Redistribute Wealth!! In a 2001 Chicago Public Radio Interview Obama is discussing the best way to bring about a Redistribution of Wealth!!! This Video Exposes the radical underneath the rhetoric!!!" - Edmundo
"Contrarian that I am, I'm voting for John McCain. I'm not talking about bucking the polls or the media consensus that it's over before it's over. I'm talking about bucking the rush of wet-fingered conservatives leaping to Barack Obama before they're left out in the cold without a single state dinner for the next four years." - Edmundo
