Monthly Archives: September 2008

Credit Crisis Ground Zero – Fannie Mae

Posted on September 30, 2008 by Jorge Costales

We are smack-dab in the middle of setting the conventional wisdom for the financial crisis. The argument on the left is that due to deregulation, unrestrained capitalism [greed etc] has failed us. That argument, which includes people not normally on … Continue reading →

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Individual Taxes Under McCain or Obama — P1

Posted on September 29, 2008 by Jorge Costales

While the chart [below] of their plans appear mostly similar, they differ in the following ways: Sen. McCain wants to permanently extend the current federal income-tax rates. Sen. Obama would increase the top ordinary income-tax rate, now 35%, to 39.6% … Continue reading →

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Norman Braman’s Public Leak on Marlins

Posted on September 28, 2008 by Jorge Costales

Wow, is Norman Braman a sore loser or what? The article in Miami Today, which quotes Mr. Braman, does not specify where the supposed 2003 Florida Marlins pro-forma financial projection was obtained, but only Freddie Mac regulators would be surprised … Continue reading →

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Rescue Plan as Viewed by Economists

Posted on September 27, 2008 by Jorge Costales

Forget Congress for now, whatever emerges there is a compromise of the least objectionable ideas. I’m curious about how the intelligentsia views what is occurring. The most respected university in economics is the University of Chicago. Economists there took the … Continue reading →

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Obama in Untouchables Remake, with Deliverance Edge

Posted on September 26, 2008 by Jorge Costales

The Untouchables — substitute the White House for Capone: Sean Connery / David Axelrod: And then what are you prepared to do? If you open the can on these worms you must be prepared to go all the way. Because … Continue reading →

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Economies of Scale(s) – Literally

Posted on September 26, 2008 by Jorge Costales

Since free markets are taking it on the chin this week, a little reminder. There is an article in the Economist which describes how a free-market can solve an environmental problem, an issue typically addressed from a governmental perspective. From … Continue reading →

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Is There a Kristol Meth(od) to His Madness?

Posted on September 25, 2008 by Jorge Costales

The drug crystal meth and William Kristol’s advice and encouragement for John McCain may seem unrelated, but that’s probably because you’re not a conservative trying to get him elected. The need to escape reality as our candidate identifies greed and … Continue reading →

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George Will Channels Alvarez Guedes

Posted on September 24, 2008 by Jorge Costales

The great Cuban comic, Alvarez Guedes, tells a great joke where the punch line is a drunk informing the unattractive lady who has just called him a drunk, that he will be sober tomorrow, whereas her appearance will be unchanged. … Continue reading →

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Terrorist Ayers and Obama Campaign Lies

Posted on September 23, 2008 by Jorge Costales

The best case scenario is that Sen Obama is lying about his various mentors influence in his life to minimize the political damage from their radical backgrounds. The worst case scenario is that he agrees, in places that never make … Continue reading →

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Rescue Plan as Seen From the Left, Center & Right

Posted on September 22, 2008 by Jorge Costales

In trying to find a common thread from each of the political spectrum’s, I have to conclude that Ben Bernanke [Fed] and Henry Paulson [Treasury] do not have enough credibility remaining to get the rescue plan they are seeking. Perspective … Continue reading →

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