Well, the Browns are 1-7, and they suck in ways that are beyond all imagining. Only those people who have a certain morbid bent — the kind of people who slow down to carefully scan an accident scene in hopes of catching a glimpse of blood and bone — would watch the Browns play. Their [...]
Archive for November 2nd, 2009
A Grim And Morbid Fascination
Posted in sports, tagged Cleveland, Cleveland Browns, Eric Mangini, Randy Lerner, sports on November 2, 2009 | 1 Comment »
Bailout, Then Bankruptcy
Posted in America, The Economy, tagged America, bailouts, CIT Group Bankruptcy, economy, tax on November 2, 2009 | Leave a Comment »
CIT Group, a commercial lender, has filed for bankruptcy, 10 months after it received $2.3 billion in bailout money. The bankruptcy means that the federal government — and, ultimately, taxpayers — are unlikely to recover any of the bailout funds. With the bankruptcy, the preferred stock and warrants that the federal government acquired in exchange [...]
California Vs. Texas
Posted in America, Politics, tagged America, California, Politics, taxes, Texas on November 2, 2009 | 1 Comment »
This thought-provoking article compares the performance of the “high-tax, high-benefits” model of state government (exemplified by California) to the performance of the “low-tax, low-benefits” state (represented by Texas). The author’s conclusion is that Texas is winning handily — and his conclusion is supported by population migration statistics, which show people leaving California and moving to [...]
