The Loudest Cricket

Finally, a report on the economy that does not include the word ‘unexpectedly’, but maybe it should since it’s positive news.  Last quarter, the economy grew at an annual rate of 5.7%.

How’s that speedy, behind-closed-doors, union-approved GM bankruptcy working out?  Not so good for Delphi salaried retirees, some of whom will face up to a 70% reduction in pension payouts.  Here’s why:
Because roughly half of the 8,400 people who spent years working alongside colleagues from what is now General Motors Co. are the unlucky few forced [...]

The Freep’s response to Obama’s first state of the union address was probably written last week.  The lips of the editorial staff are firmly planted on the president’s backside and I’m sure their hearts melt whenever he speaks.  The Detroit News, on the other hand, found the president too timid – a problem with an [...]

Some members of the media have snapped out of their starry-eyed wonder and started taking a hard look at Obama’s first year.  Others, not so much.  While Americans looked for work, Obama and the Democrats in Congress spent the year trying to reshape the US into a European socialist/communist paradise.  While Americans worried about the [...]

Sound like Government Motors is living up to its name.  After scouring the country looking for a replacement, interim CEO Ed Whitacre has finally found someone to lead GM to success – himself.  Wow, the guy admitted knowing nothing about cars, so he must have learned a lot over the last year.

This excellent op-ed can be summed up by Alexis de Tocqueville:
The American Republic will endure until the day Congress discovers that it can bribe the public with the public’s money.
Thanks to FDR and LBJ and the rest of the big-government politicians, the federal government has indeed learned that it can buy off the people with [...]

At first it sounded good – “Obama to seek spending freeze.”  But then reality set it – the freeze won’t begin until 2011 and will only affect a small portion of domestic programs.  Talk about closing the barn door after the horses have bolted, and not even a door, maybe a small window.  And I [...]

It’s like Obama wants the economy to fail.  He looks for the worst possible options and makes them part of his agenda.  Cap-and-trade, check.  More regulations for the health-care market, check.  Bank tax, check:
The tax, touted again by President Barack Obama this week, was accompanied by hard rhetoric from the president: “We want our money [...]

It’s amazing that the Freep can devote an entire editorial to the diminishing revenues from Michigan landfills without mentioning Democratic Senator Debbie Stabenow, who successfully stopped Canadian trash from coming into the state and then actually made that her major accomplishment in recent re-election campaign.  Please stop “helping” us, Debbie.  Maybe it’s not a surprise [...]

After losing on just about everything in his first year, President Obama is going after the tried-and-true method of attacking big business, starting with the banks.  The markets reacted accordingly.  Instead of bailing out the banks through TARP, as he supported when he was Senator Obama and later as President, he should have let bankruptcy [...]