Month December 2011

Down to the wire on the Omnibus spending bill

There are two outcomes I can see for the House and Senate budget fight: (1) Compromise; (2) Punt. “Compromise” would involve significant budget cuts. For example, the IRS budget shows that the House and Senate have agreed to an overall…

Driving less, paying more

It’s early December and already American drivers have spent over $1 billion more for gasoline this year than during all of 2010, even though demand has fallen 4%. This year will also break the previous all-time record set in 2008.…

Ahhhummm… Newt

Republican presidential candidate Newt Gingrich, a stupid person’s idea of what a smart guy sounds like, said this week that Palestinians are an “invented” people, a position that could be seen as putting him at odds with the U.S. push…

The California proposition process may be broken

California’s proposition system is unique. Few other states have anything remotely approaching it. It was meant to be a system where citizens could take direct action, bypassing the legislature, and propose new measures to the electorate. In theory, it sounds…