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...increase in the money supply has historically always motivated people to spend and end a recession. And I don't know if there's any evidence that fiscal stimulus has the same effect on people's habits. All that Obama's fiscal stimulus bill has achieved is to put an enormous fiscal deficit on the Federal Government. (See pictures of the dangers of printing money...
...role for government in the health-care system. The chief tool Democrats have for ramming through a bill on their own is something known, incongruously enough, as "reconciliation." It is a parliamentary procedure that protects budget-related measures from a filibuster. (There's yet another possibility: Reid might put the pressure on his own caucus by simply calling for a vote and demanding that all 60 support blocking a filibuster, even if they don't ultimately vote for the bill. This strategy, however, would assume that Ted Kennedy and Robert Byrd - both of whom have been absent in recent months...
...Whatever else we take away from Palin's abrupt announcement that she is quitting, she has proved that her low opinion of government includes even her own powers and prerogatives. As she put it in her farewell speech - the one that began "Hi, Alaska!" - the governor's office is no longer a place for "productive, fulfilled people ... choosing to wisely utilize precious time." A lot of conservative politicians stop wanting smaller government the minute the government is them. Then they discover that they like the trappings, earmarks and junkets, the plums for friends. For Palin, the job offered little more...
...publicly, but the truth was exactly the opposite. Barring new information as to why, exactly, Hu and his team were arrested, the only basis for speculation as to the motive behind the detentions necessarily revolved around China's anger at Rio Tinto. And until and unless Beijing can put what the foreign-business association representative called "some meat on the bones of this allegation," that's a problem for China...
...those of us that had our phones tapped and the police were aware of it - why were we not told? Why [was the News of the World] not prosecuted?" he asked in an interview with the BBC. "Why was a separate deal done in the court and then put away and not made available...