Tuesday, September 30, 2008

MOTWU A Flip-Flopper?

Apprantly so.

Mark-To-Market

Worth checking is this piece noting the accounting rule called mark-to-market. The piece makes a strong point - the search for solutions to big problems always seems to focus on expensive solutions while smaller, cheaper alternatives get short-shrifted. That should never happen.

MOTWU Attacks Deregulation

The Man On The Way Up has tried to blame deregulation for the recent mortgage confusion out there. As usual, the facts don't support him.

Sunday, September 28, 2008

Manufacturing Crisis

This examination at Barack Obama and a lengthy history of liberals manufacturing crises is worth a look. While some of the rhetoric used in the piece is a bit overheated and the present economic crisis seems more overheated rhetoric - the increasingly frequent "we could plunge into a Depression" cliche ignores the economy is infinately stronger than in the 1930s, a point made here - than something the regular market can't handle - this piece on a potential positive from the bailout plan would seem to indicate there is less danger than opportunity from the present crisis - the piece makes salient points about Obama and liberals in general - among liberalism's distinguishing characteristics is refusal to accept responsibility, shown here.

Wednesday, September 24, 2008

A Look Back To 1907

This look at The Panic Of 1907 suggests what might happen in a similar crisis 111 years after that panic.

Monday, September 22, 2008

Who's REALLY At Fault?

Already the verbiage over the $700 billion bailout of Wall Street has begun, and as is to be expected it is nauseating. As expected the "Wall Street fatcats" fall guy is being dredged up, but it requries a closer examination of that angle. Also, one should check this roundup of the Wall Street mess including the Congressional exculpatory fable being peddled about mortgages - see also this look at the Freddie Mac/Fannie Mae debacles.

Amid a lot of MSM panic, the old class-war cliches liable to be peddled if they aren't already get another factual beating.

Wednesday, September 17, 2008

MOTWU Opposes Iraq Withdrawal

The Man On The Way Up worked to delay troop withdrawals from Iraq. Amir Taheri caught Barack Obama with his hand in the foreign policy cookie jar and this caused The Man On The Way Up to attack Taheri, whose rebuttal shows Obama's utter confusion on foreign policy in general. It is this kind of confusion that Obama always tries to mask to justify his positions on Iraq.

Wednesday, September 10, 2008

Bob Woodward At It Again

Bob Woodward has a reputation as one of the gresatest journalists in American history, yet his work is riddled with errors from his misunderstanding of Watergate on down. His latest gaffe concerns a "secret killing program" in Iraq, a program he compared to the Manhattan Project but which sounds presumably closer to a "Project Phoenix" for Iraq - Project Phoenix was a counterinsurgency program in Vietnam was eliminated the remaining elements of Vietcong infrastructure and is often condemned as an "assassination" program by people who refuse to understand what it actually did.

Well, one has reason to doubt Woodward's story.

Wednesday, September 03, 2008

It's Still The Ecomony, Stupid

And we're still better off under George W. than we were under the Clintons.

Sarah Palin Getting Borked

This summary of the war being waged by the Dominant Media Culture on Sarah Palin nicely illustrates the stereotypes the Dominant Media Culture suffocates from in issues such as the qualification of Ms. Palin for the potential job of Vice President. It also helps illustrate how unlike Hillary Clinton Ms. Palin is - namely a woman who rose through political ranks due to actual work, actual competence, and not through accepting bribes via rigged stock market investments etc.

The real Sarah Palin is examined by the author of the most recent biography to be published.

Incidentally, another difference between Palin and Hillary Milhous Clinton is shown in this comparison with one of the first American leaders of the 20th century.