Monday, March 2, 2009

Suggested Readings, 3/2/09

The General and I have come across some great articles today that, if you have the time, you should read.

The Cram-down Showdown by Robert Romano. This showdown over bankruptcy cram-downs will seriously test the public's support of yet more bailout proposals. It may ultimately determine whether America permanently becomes a bailout nation. And a debtor nation, for that matter.

George Orwell Would be Impressed With Barack Obama, by Doug Patton. Definitely worth the read. If you have never read 1984, I highly recommend it!

Triple First, then Halve, by Jackie Gingrich Cushman. This is what the General was alluding to in his piece last week - if you triple it first, and then reduce by half, you have a higher deficit than when you started. Masterful statist politics, shameful obfuscation. We will never get out of this hole.

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