Thursday, 7 August 2008
Remember those “rebate” checks Uncle Sugar sent out earlier this year? They failed to achieve a “stimulus.”
The evidence is now in and that optimism was unwarranted. Recent government statistics show that only between 10% and 20% of the rebate dollars were spent. The rebates added nearly $80 billion to the permanent national debt but less [...]
Thursday, 17 July 2008
Since I lived for a year in Baghdad’s Green Zone, I felt it was necessary for me to read what happened before I got there, under L. Paul Bremer, bureaucrat extraordinaire. That is why I recently found myself reading Imperial Life in the Emerald City, by Rajiv Chandrasekaran.
To say that the Bush Administration and its [...]
