Month February 2009

California budget train wreck

From David Greenwald, editor of California Progress Report, on Facebook, commenting on the Republicans voting out their Senate leader because he said taxes are necessary to balance the budget. So the word is the Republicans found the most anti-government leader…

The lunatics have taken over the asylum

Republicans in the California legislature ousted their leader at 1 am this morning after he said taxes might need to be raised in order to balance the budget. No one wants higher taxes. But a budget needs to be passed.…

Hey, just who controls whom?

The Spectator (UK) wonders, does Britain now own the banks or do the banks own the taxpayers? RBS’s £2 trillion of liabilities dwarfs not only the government reserves but the entire UK economy. Brown hasn’t so much nationalised the banks,…