Bailout: Putting Lipstick On A Pig In A Poke

The way to feed rabbits is to feed hay to horses. A lovely little adage better known as trickle down economics. Unfortunately, it also describes even the modified bailout plan promoted by congressional Democrats, a plan that has no guarantee of ever working nor limits on the eventual cost. Instead of a top down approach,  a bottom up strategy that …

McHoover On Wall Street Meltdown: We’ll Study It

Sarah Palin holding Trig, while Willow and Piper keep mom upright. First, a little context. When our self-proclaimed CEO president, George W. Bush took office the week of January 22, 2001, the Dow Jones Industrial average was 10,659. Yesterday, it closed 50 points under that. Bill Clinton left a budget surplus of over $250 billion. Bush will leave office with …