Economic Advice from the Russians

Here is, perhaps, the ultimate irony: Former KGB head and Russian Prime Minister Vladimir Putin is warning the United States against socialism. Quote: The U.S. should take a lesson from Russian history and not put its faith in “excessive intervention in economic activity and blind faith in the state’s omnipotence because socialism doesn’t work.” “In…

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What’s Happening in the Legislature?

Yesterday, reading a report in the paper about all the bills introduced I got the impression the state legislature is a hotbed of activity – so last night at dinner with a state representative I said, It looks like you all have been pretty busy. He frowned, I don’t know where you got that idea…

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Washington’s Going to Head the Economy?

Most everybody in America has figured out by now the Masters of the Universe on Wall Street are fallible, but no matter how much cupidity there is in board rooms and executive washrooms it’s beginning to look like Congress is still king of the hill when it comes to waywardness. The other day a conference…

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Obama’s Lincoln Problem

I wonder if Abraham Lincoln’s shoes are big enough to fit both his feet and Barack Obama’s? Before the ink dried after the election, Obama said, like Lincoln, he was going to appoint a ‘Team of Rivals’ to his cabinet. He rode to his inaugural following the same route as Lincoln. Took the oath with…

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Bambi in the White House?

Several times during the presidential campaign, opponents and commentators dismissed Barack Obama as “Obambi.” John Edwards privately told friends he thought Obama was weak. The Clintons believed he was too soft. So did John McCain. At every turn, Bambi turned out to have sharp teeth. His path is littered with his opponents’ bones. But now…

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The Governor’s Next Press Conference

The governor’s been doing a lot of talking lately about cleaning up the probation mess and Senator Phil Berger’s just announced he’s taking her at her word and introducing a bill to help.   First, Senator Berger wants the legislature to pass a law to make it legal for all “probation and law enforcement officers…

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Resegregating Raleigh’s Schools?

It’s always seemed there might be a little bit of hoax about the Wake County School Board’s ‘diversity’ policy – that the policy was really about race and not academics (as the board has argued for years). The board has made its case like this: It says it buses students based on their family incomes…

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A Strange Cure

Most times, to me a Jamaican voodoo doctor rattling chicken bones makes as much sense as an economist, and I’d say there is a greater probability the voodoo doctor’s predictions will come true. The fact is I simply do not understand economics. It’s as much a mystery as astrology. Or tarot cards. Or a scientist…

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Obama Dancing the Two-Step

Well, Gary gave President Obama rave reviews about Monday night’s press conference. I had a different – and apparently partisan – reaction. There was a time, not so long ago, when Obama talked a language that sounded a lot like plain everyday English but now, well, he’s taken to talking political-ese. High quality political-ese but…

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Obama in the Minefield

Well, it’s like déjà vu all over again. A Democratic congressman stands up, looks the president in the eye and says, I’m not for sending any more troops to fight until I see an exit plan. Only, this time, the president he’s looking in the eye is Obama and the war’s in Afghanistan, not Iraq.…

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