Author Archive

The economy remains flatter than a seltzer bottle in the morning, flanked by whiskey and gin, left uncapped by boisterous partiers the night before.  Chairman Bernanke of the Federal Reserve, “Helicopter Ben” for short, remains stubbornly sure that this is due to a lack of liquidity.  (Bear in mind that banks hold over $1 trillion in excess reserves.)  In an effort to boost lending, which has plummeted despite aggressive inflation and political pressure from Congress and the White... Read More→

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Sep
24

That Sinking Feeling

Posted by: William P. | Comments (0)

See here. Suddenly I’ve lost my appetite, and a good part of my health due to stress.  Read More →

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Sep
24

A Republican Seachange in NYC

Posted by: William P. | Comments (0)

For the past few months, I have taken time out of my life outside work to volunteer for Ryan Brumberg, who is running for Congress in NY’s 14th District.  The district boundaries include the Upper East Side, Midtown East, the Lower East Side, and western Queens (including Astoria and Long Island City).  At about 30% registered Republican, it is the most favorable district in Manhattan for the GOP.  In fact, up until the election of Carolyn Maloney in 1992, the district was solidly Republican. My... Read More→

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How do we know this?  Look across the pond! From GenomeWeb: UK government officials are warning that cuts to the government’s science budget will lead to a “brain drain” of researchers leaving the country, says the Guardian‘s Alok Jha. In a letter to science minister David Willetts, chairman of the House of Lords science and technology committee Lord John Krebs says several labs have already lost researchers to institutions in other countries, and that further cuts to... Read More→

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I am an avid follower of the news, particularly financial and economic news.  My sources are the internet and a modest amount of talk radio.  I read anything from the HuffPo to Mises.org and everything mainstream in between.  Let me tell you: the consensus is that this is a “big election.” An understatement, to be sure, but we’re talking mass opinion (the same mass opinion that elected Barack Obama and cannot use the word “depression” to describe our economy). Conservative... Read More→

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Sep
21

The (Other) Buckley Rule

Posted by: William P. | Comments (1)

With so many of the Republican pundits throwing around William F. Buckley’s dictum that they should support the most conservative, electable candidate, implying that recent Tea Party victories are impractical for the party and the movement, take a look at this: Senator James Buckley, brother of WFB, declares America on the verge… I believe that the country we love and its institutions are now in critical danger. I believe the next very few years will tell whether we succeed in restoring... Read More→

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Sep
20

25 Minutes of Brilliance

Posted by: William P. | Comments (0)

Tired of Republican Party elements such as Karl Rove destroying our Senate candidates?  Can’t seem to say enough bad about Christine O’Donnell, can he? How about the hatred of the normal citizens who are fighting for their rights and speaking out against reckless spending policies?  Is Tea Party bashing making you sick? Mark Levin delivers an outstanding monologue against the likes of Rove, Charles Krauthammer, and the Weekly Standard for playing politics over principle. http://marklevinshow.com/sectional.asp?id=32930# This... Read More→

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Sep
17

Constitution Day

Posted by: William P. | Comments (0)

Today is Constitution Day.  It marks the 223rd anniversary of the Constitution of the United States of America – the document which has made America different from all other countries in the world and secured our unique freedoms under law. In other news, today marks the 605th day of Obama trashing the Constitution.  Read More →

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Sep
03

Republican Party Insurrection

Posted by: William P. | Comments (0)

To anyone paying attention, it is now obvious that the Republican Party establishment rejects the Tea Party. This morning, we learn that Mike Castle, the Republican establishment candidate running for Senate in Delaware (who has no interest in repealing Obamacare, and has one of the most liberal voting records in either party!), has established a website dedicate to smearing his Tea Party-endorsed opponent, Christine O’Donnell.  Among the scandalous charges is that Ms. O’Donnell has... Read More→

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Sep
01

Private Sector Payrolls Decline

Posted by: William P. | Comments (1)

ADP reports that private sector payrolls declined by 10,000 in August. From MarketWatch: U.S. private-sector employment fell 10,000 in August, according to the ADP employment report released Wednesday, breaking a six-month run of increases. “The decline in private employment in August confirms a pause in the recovery already evident in other economic data,” said Joel Prakken, chairman of Macroeconomic Advisers, which produces the report from anonymous payroll data supplied by ADP,... Read More→

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