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Thursday, August 27, 2009

It would be difficult to overstate my anger over this business.

I may get irritated and frustrated from time to time, but seldom ever angry. This makes me very angry. When the next 911 comes down after the CIA is eviscerated, maybe then our leaders can explain how it really wasn't just a slogan or a bumper sticker after all.





From the Wall Street Journal...

"During the course of this review, a number of Agency officers expressed unsolicited concern about the possibility of recrimination or legal action resulting from their participation. . . . officers expressed concern that a human rights group might pursue them for activities . . . they feared that the Agency would not stand behind them." Another said, "Ten years from now we're going to be sorry we're doing this . . . [but] it has to be done."

Thanks for protecting us. Now, put these hand cuffs on and get in your cell.

Lucas defends the "Dismal Science"


http://www.economist.com/businessfinance/displaystory.cfm?story_id=14165405

Wednesday, August 26, 2009

More predictions.....

It comes from both sides of the fence. Let me remind you only 9 short years ago.....remember the federal budget surpluses in fiscal years 1998-2000? The Bush Administration was projecting surpluses well past 2010 and Alan Greenspan mused what the federal government and financial markets would do when the privately held stock of public debt was repurchsed by the Treasury, one of the so-called "tyrannies of zero". Projecting budget deficits a decade into the future is total hubris and comical.


http://online.wsj.com/article/SB10001424052970203946904574301043095303118.html

You need to listen to this dude.


http://online.wsj.com/article/SB10001424052970203706604574370301468452872.html?mod=djemEditorialPage