Taxes and Finance

When Government Action Fails

… try more government!  From Preserving Democracy: In the chapter on planning and control, I wrote that the failure of government planning normally results in even more government planning. This pretty much summarizes the current financial problems.  (p. 259) Links News Stories: TARP Panel: Effects of AIG Rescue “Poisonous” Financial Reform Could Whack TARP Banks…

2010 Midterm Elections

Sharron Angle Wins Nevada Republican Primary with Tea Party Backing

Sharron Angle’s victory in the Nevada Republican primary for U. S. Senate has many in the traditional party structures a bit disturbed.   Senator John Cornyn says he won’t be discussing policy with her, just mechanics and many hope she can just keep from discussing her more extreme political positions (source). From Preserving Democracy, page 273:…