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    Economics /

    The California Crisis

    October 3, 2008

    For those of you who are oblivious to the desperate nature of our economy: the State of California announced today that it was experiencing financial difficulties and may need to be bailed out. The problem seems to be that the state cannot get its usual short term loans from banks to cover the budget shortfall […]

    Economics, Politics /

    The End of Reagan

    October 3, 2008

    What a week! Today the House of Representatives passed the infamous bailout bill. This time last week they had failed in the same task, so the switch was not just notable, it was monumental. I have a feeling of having watched history these past few weeks. Never did I think that the collapse of free-market […]

    Economics, Politics /

    Time to Admit the Truth?

    September 29, 2008

    It is astonishing that a large core group of Republicans in the House of Representatives could hold the country to ransom. But today they did. Their cause? The hallowed altar of ‘free markets’. They whined that Nancy Pelosi had ‘upset’ them with a partisan, but entirely accurate, assessment of the Bush regime’s record. That record […]

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