Relevant and even prescient commentary on news, politics and the economy.

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Budget Cuts

Republicans on Capitol Hill are going ahead with their plans to trim the budget. Despite Tom Delay’s assurances that there remains no fat in the federal budget after several years…

Will Bernanke Follow a Price-Rule Approach?

Tom Nugent joins Victor Canto in praising the appointment of Ben Bernanke to head the Federal Reserve: Bernanke, like Greenspan and Volcker, will take a price-rule approach … Since 1982,…

Katrina Relief & Ricardian Equivalence

…up to the microphone: President Bush explains that he will spend hundreds of billions of dollars rebuilding the Gulf Coast without raising any new revenues. Republican leader Tom DeLay declines…

Redefining ‘Conservative’

…of Franklin Roosevelt and Lyndon Johnson.” Tom Raum writes for the Associated Press: “The era of big government is back. President Bush is presiding over the most expensive government relief…

PlameGate & Rove: the Right Reacts

Tom MaGuire for not being so gullible. Credit should go to Tony Blankey for his comments on he McLaughlin Group as to why the prosecutor should be able to compel…

Crony Capitalists of the World – Unite

…as GM with a couple of recent op-eds at the National Review. Tom Nugent argued that GM is financially troubled because it failed to listen to his advice to build…

Schaivo

…would ask, is the outrage? In particular, where is the outrage from those like Tom DeLay, who referred to the withdrawal of Terry Schiavo’s life support as “murder”? If it’s…