The Loudest Cricket

Dude, where’s my credit crisis?  The Dow is up about 250.  If things were really that bad, would Congress take off for a couple of days?  If the market recovers even a portion of what it lost yesterday, do we really need a bailout?  Even if the bailout is unnecessary, Congress still needs to act [...]

Rochelle Riley?  Leave the Freep before you further hurt journalism.  Too late.  Obviously, Ms. Riley is intimidated by a strong conservative woman.  Would she dare say anything even remotely as vitriolic about Obama?  Chalk up another journalist with Palin Derangement Syndrome.

The House defeated the proposed bailout yesterday and the market reacted accordingly. I’m still wavering on this issue. My representative, Joe Knollenberg, voted against it. Most of the Michigan representatives did.  I wonder how many of them really understand what is going on.  Do they know what is causing the current crisis [...]

The Detroit News opines on the recent “unexpected” drop in enrollment in Detroit public schools.  It believes that the state should take over the financial reins of the DPS:
The district already faces a $408 million shortfall, which amounts to about a third of its budget. Detroit is undergoing a financial evaluation by state education and [...]

While I understand that the government is responsible for the financial crisis we currently face, I’m concerned that we’re going to trust that same government to fix the problem.  Mostly I’m concerned that the rules and regulations that got us here in the first place are still in affect.  Here’s a rundown of the compromise.  [...]

Michelle Malkin has expertly rewritten one of Aesop’s fables – The Ant and the Grasshopper.  My favorite part:
Cold, hungry, jobless, facing foreclosure, and up to his two pairs of
eyeballs in debt, the Grasshopper limped to the Association of
Community Winged Insects for Rescue Now and demanded recourse. The
office was swamped with thousands just like him. ACWIRN [...]

So the Detroit Public Schools are losing students and somehow this is a shock to The Detroit News (emphasis mine):
Detroit Public Schools posted its lowest enrollment since World War I,constituting a massive and unexpected decline, according to earlyfigures circulated by the district administration following Wednesday’sstatewide pupil count.
Unexpected?  Really?  Michigan has the worst economy in the [...]

This is exactly what I was worried about yesterday.  Instead of just passing the bailout plan as recommended by the Bush administration, the Democrats start adding poison pills to the bill.  They’re not really interested in fixing anything, at least not before the election.  Somehow the Democrats, and their enablers in the left-stream media, are [...]

After reading this, I must say that I’m less opposed to the “bailout.”  In fact, it’s not a “bailout,” but a way of getting out of this mess which may not actually cost the taxpayers a dime.  The banks that offered bad loans will still “take a significant financial hit.”  The number $700 billion has [...]

The US isn’t in a depression.  At least not yet.  Michigan’s economy has been in trouble for years, thanks to an unfriendly business climate.  Don’t blame Bush for Michigan’s high taxes and high labor costs.  The US is in trouble because of the same issues coupled with over-regulation.  The government needs to get out of [...]