Haringey had a beautiful paper trail of how they failed to protect this baby.
– Eileen Munro, London School of Economics, as paraphrased by Simon Jenkins.
|
|||||
|
“Unlike those excitable countries where the peasants overrun the presidential palace, settled democratic societies rarely vote to “go left.” Yet oddly enough that’s where they’ve all gone. In its assumptions about the size of the state and the role of government, almost every advanced nation is more left than it was, and getting lefter.” Mark Steyn. As he points out, the upcoming US government bailout of General Motors and god-knows-what-else should nail the idea that the US is the land of “unregulated capitalism”. Update: PJ O’Rourke writes in similar vein. November 12th, 2008 | 15 comments - (Comments are closed)
 Times have changed, voters want the pendulum to swing back from spending towards tax cuts. Rumours are circulating in the Westminster Village that Gordon and Alastair are preparing to announce tax cuts. Which will, even if they are only rhetorical tax cuts, in a stroke make Dave and George look ridiculous as both Labour and the LibDems promise tax cuts and the Tories are left high and dry stranded on the high tax centre ground … – Guido November 9th, 2008 | 8 comments - (Comments are closed)
Is all change good? No. Only good change is good. – although probably more quote of yesterday from Alice Bachini-Smith November 7th, 2008 | One comment - (Comments are closed)
But what’s not open for debate, after tonight, is the sheer futility of trying to build a coalition from the center out. Because the center won’t stand still for any candidate. – Dan McLaughlin, as pointed out by commenter Andrew X. November 5th, 2008 | 8 comments - (Comments are closed)
The only other thing I would add is that I am in the advertising industry and most of the ads for sub-prime loans had dried up before the recent bail-out bill. As soon as that went through the volume for these ads went up 10 times. Whatever the government did to “fix” the problem ain’t working because all they did was just give everyone who didn’t make money the first time around another shot at the craps table. – from a comment by “Ben Franklin” on this Belmont Club posting spotted by David Farrer October 19th, 2008 | 6 comments - (Comments are closed)
There is no “responsible” route out of recession – we need radical action to rescue the economy. We need a growth package and we need it fast, the sooner it is in place the quicker we will be out of recession. – Guido Fawkes was underwhelmed by David Cameron’s latest speech October 17th, 2008 | 6 comments - (Comments are closed)
A government that is big enough to give you all you want is big enough to take everything you have – Barry Goldwater I stumbled across this evergreen Goldwater remark on Gmail, where it is also quote of the day. A somewhat surprising choice for them, considering Google’s rather obvious political biases. October 15th, 2008 | 10 comments - (Comments are closed)
“In addition, one should not minimize the great economic achievements of the past 25 years in the form of rapid growth in world GDP, low world inflation, and low unemployment in most countries. Perhaps these achievements will be overshadowed by a deep world recession, but that remains to be seen. If the impact of this financial crisis on the real economy is not both very severe and very prolonged, and time will answer that question, the combination of the past 21/2 decades of remarkable achievement, and the economic turbulence that followed, may still look good when placed in full historical perspective.” Like Professor Becker, I think fears of a repeat of a 1930s-style depression are unwarranted. What is a serious concern in my mind is the likely explosion of poorly thought-out regulation by politicians who seem to have forgotten how it was often such regulations, as well as lax monetary policy, that is at the crux of the current turmoil. October 14th, 2008 | 4 comments - (Comments are closed)
I’m at the point I was at a month ago: the two tickets consist one one old guy who frankly should have been put to pasture, two leftist asshats who belong in prison, and a lady who’s the only one of the four who’s worth a damn – Commenter Sunfish. October 9th, 2008 | 48 comments - (Comments are closed)
“Instead of thinking of the pending bailouts and financial regulation as a new era of government supervisions of markets, think of it as preserving the system in which a Harvard elite controls other people’s money. In fact, very little is likely to change. Reading the news stories about how Secretary Paulson plans to implement the bailout, it seems as though the same people will be in charge of the money. Print some new business cards, change the logo on the front from “Goldman Sachs” to “U.S. Treasury,” and everything else continues as it was. It’s just that it becomes a lot more difficult for ordinary people to opt out of using the elite’s money management services.” – Arnold Kling. He is not exactly a fan of the US financial bailout. October 7th, 2008 | Comments are closed
People sometimes say they wish the politicians would get together and agree, instead of bickering and arguing. I wish the politicians and political parties would disagree more about the issues, so that actions and policies can be properly tested and choices evaluated. Consensus often breeds the worst errors. October 6th, 2008 | 7 comments - (Comments are closed)
|
   |
||||
All content on this website (including text, photographs, audio files, and any other original works), unless otherwise noted, is licensed under a Creative Commons License. |
|||||