Archive for January, 2010

Obama Comes Out Swinging

Dear Reader, It was only a little more than a year ago when Barack Obama’s populist rhetoric helped propel the Democrats into absolute control of the Senate and House. My, how things change. Last week a Republican won “Kennedy’s seat” in Massachusetts. Say goodbye to a tax on carbon. And say goodbye to an $849 [...]

A Financial Vesuvius Is Erupting

When Mount Vesuvius startled rumbling in AD 79, it was time to get out of Pompeii. Sure, there were those who said it would all blow over. As it turned out, they were wrong. The volcano erupted and buried the whole city under lava and ash. Now a financial Vesuvius is erupting.