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Archive for December 31st, 2009

We’re down in the Bahamas, at the Pisciottas’ sumptuous home in the Shoreline development outside Freeport.  It is a fantastic, relaxing place where we always enjoy ourselves. So far, we’ve managed to eat some good Caribbean food, drink beer at several oceanside bars, and crash a party thrown by some of the many Brit residents [...]

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The government will be distributing another $3.8 billion to GMAC, the former GM subsidiary that makes car loans and home loans, but mostly, bad loans.  Although the U.S. government already has given GMAC $12.5 billion in an attempt to shore up its balance sheet, the company is still experiencing massive losses.  This latest cash infusion [...]

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Time has published a pretty good wrap-up of the various failings of security that allowed the U-Trou Bomber, Umar Abdulmutallab, to board the flight from Amersterdam to Detroit with enough high explosive to bring down a loaded airplane sewn into his underwear — notwithstanding the warnings from his father and the other circumstances that should [...]

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