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Articles Archive for July 2011

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[28 Jul 2011 | Comments Off | ]

Contrary to popular belief, the “debt ceiling” has turned into the investor’s best friend. Professional politicians don’t like it, because they don’t want to limit their degrees of freedom. But the “limit” on debt, forces a debate about the size of government (and spending) before a country gets to the point of no return. In other words, the debt ceiling is a good thing.

Moody’s (the rating agency) has said that the US should get rid of the debt ceiling altogether, but this has it exactly backward. Greece never had this …

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[28 Jul 2011 | Comments Off | ]

Not being one of the Twitterati, I can’t instantly update everyone with every breaking news story, but file weekly. So here I sit, waiting, waiting, waiting to see whether enough members of the Congress—particularly in the Republican House—will come to their senses and raise the debt ceiling before destroying what is left of the American economy.

By the time this column is posted there may be a deal, which will overtake several of my concerns. But this thing may go right down to the wire—or at least close enough so that …

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[27 Jul 2011 | No Comment | ]

WASHINGTON – Illinois Congressman Luis Gutierrez (IL-4) was arrested outside the White House while protesting U.S. immigration policies. Politico reports, After the rally – in which Gutierrez had called on President Barack Obama to stop deporting immigrants such as students…

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[27 Jul 2011 | No Comment | ]

Kosovar Albanians Confront Wahhabi AgitatorsSome things are still sacredBut you’ve got PC vs PC.Interestingly, some of those who objected–were Muslim.

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[20 Jul 2011 | No Comment | ]

CDOBS Syndicate

Anne: Bachmann Defies Expectations, Fights Off Establishment Boy Club Hits
Steve Bartin: Chicago Mob Associate William Hanhardt Leaves Jail: Former Chief of Detectives Released
IR: VIDEO: Schilling speaks on behalf of Cut, Cap and Balance
Anne: Stifling Childhood. Are Playgrounds too Safe?
Ghost of John Brown: Hultgren on passage of Cut, Cap and Balance Act
IR: Paul Ryan Statement on Cut, Cap and Balance
Steve Bartin: Markets in Everything: Billionaire Snagging School
IR: VIDEO: Cong. Joe Walsh vs. Chris Matthews
Anne: Joe Walsh (R-IL) Takedown of Chris Matthews
Steve Bartin: Federal Workers more likely to die than lose jobs

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[20 Jul 2011 | No Comment | ]

Oh yeah, let’s smear Michele Bachmann, she suffers from headaches, I have a headache dear, how throwing the china, lipstick on a pig–let’s marginalize women candidates so we establishment good old boys can keep running things.She’s rising in the polls…

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[20 Jul 2011 | No Comment | ]

John Kass reports:The Chicago Outfit’s top cop, former Chicago Police Chief of Detectives William Hanhardt, left federal prison Tuesday after a decade behind bars.Once he was a rock star. If you want to understand Chicago you’ve got to understand that …