October 22, 2009
Moral Hazard
Moral Hazard In one sense, I am appalled by what the White House special master is doing when it comes to setting salaries in private companies. It makes me very uncomfortable to see the government dictate the actions of the...
October 21, 2009
Wall Street-Washington Industrial Complex
The Wall Street-Washington Industrial Complex As Dwight Eisenhower was leaving office after serving eight years as President, he gave a remarkable speech where he warned about the power of the military-industrial complex. He said: “In the councils of government, we...
October 21, 2009
The Biggest Loser
The Biggest Loser I was thinking about the television show The Biggest Loser as I was walking to the gym this morning, getting ready to endure 45 minutes of abuse from Gary in bootcamp class. I am not exactly a...
October 20, 2009
The Biggest Threat to the GOP
The latest poll numbers don’t tell a very good story for the Republican Party. Their national approval ratings aren’t very good (in fact they are really bad). Their Congressional approval ratings aren’t much better. But those approval ratings aren’t the...
October 19, 2009
Defining Enemies Unwisely
Choosing Their Enemies Unwisely U2’s latest album has a song called ‘Cedars of Lebanon’, which contains this great line: “Choose your enemies carefully ‘cos they will define you.” I always thought that was a line from Machiavelli, but I could...
October 19, 2009
Political Catastrophe In the Making?
WASHINGTON (CNN) — I started on Capitol Hill in the fall of 1989 as an intern for House Minority Leader Bob Michel. Republicans had just elected a firebrand named Newt Gingrich to be their whip. Democrats had just replaced their...