Solving the Fiscal Cliff Crisis: Extend and Pretend

by Bob Adelmann | 2:05 pm, November 12, 2012

Schiff is a realist. I, on the other hand, am an optimist.

Marching Towards the Fiscal Cliff

by Bob Adelmann | 4:22 pm, November 11, 2012

I wonder when reality will set in?

George McGovern: The Liberal Who Got Mugged

by Bob Adelmann | 6:32 am, October 24, 2012

There’s no way this guy was a libertarian, despite some people who suggested he was. He was a statist through and through. Anyone who served as a “fellow” at the Institute for Policy Studies knows its agenda: destroy the capitalist system and replace it with a totalitarian one. But he was right on the Vietnam War.

Hostess to Unions: No More Sugar for You

by Bob Adelmann | 11:40 am, April 17, 2012

I rather like the analogy of unions to parasites sucking the lifeblood out of its host. Hostess’ lifeblood is sugar, so I thought the title was apt.

Boom and Bust in Stockton, California

by Bob Adelmann | 11:15 am, April 4, 2012

This is a lesson in economics that politicians, and other more humble folk, never learn. I call it “straight line thinking in a curvilinear world.”

The Illinois Plan to Fix Its Budget Woes: Deny Reality

by Bob Adelmann | 5:43 am, March 10, 2012

Illinois is either fantasyland or totally corrupt. I lean towards the latter. Reality doesn’t seem to intrude upon the dream or disturb the politicos in the slightest.

Geithner Ignores Subpoena to Testify in Lehman Bros. Case

by Bob Adelmann | 5:00 pm, February 21, 2012

Geithner’s too smart not to know that the committee knows he’s guilty and so he is keeping his mouth shut.

Plans Revealed for Greek Default on March 23

by Bob Adelmann | 12:52 pm, February 21, 2012

Greece is insolvent. It is in the process of defaulting, not only on the promises the government made to its citizens and workers but to the bankers and investors who loaned the money that allowed them to get into trouble in the first place. What happens on March 23rd, if anything, is largely irrelevant.

Latest Numbers from Germany Confirm Recession

by Bob Adelmann | 5:28 am, January 11, 2012

It’s hard to argue with data like these. A 5 percent drop in anything is staggering. The contagion is spreading…

First, Borders; Then, Kodak; Now, Barnes & Noble?

by Bob Adelmann | 12:21 pm, January 10, 2012

It looks like Barnes & Noble has a fair chance of coming out of their tailspin before auguring into the ground. Their Nook e-book has a fair chance of serving as its savior. As for its stores? Likely to disappear, just like Borders.

keep looking »

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