EppsNet Archive: Wall Street Journal

Twitter: 2009-10-01

 

IT Workers Being Converted into Teachers: http://bit.ly/BEMVv # RT @Aimee_B_Loved: I try to hide my disappointment when I drop the soap in the shower and nothing happens. But Rubber Ducky sees my shame. # RT @Lileks: Modern-day Sartre: hell is other people's ringtones. # @bjsrestaurants My favorite Deep Dish Pizza is the Great White! in reply to bjsrestaurants # WSJ.com – Group Tied to Obama Urges Tax Increase http://bit.ly/V1s6X #stopthepresses # Read more →

We’ve Fallen Behind France in Moral Fortitude

 

The President yesterday denounced the “extent of the fraud” and the “shocking” and “brutal” response of the Iranian regime to public demonstrations in Tehran these past four days. “These elections are an atrocity,” he said. “If [Mahmoud] Ahmadinejad had made such progress since the last elections, if he won two-thirds of the vote, why such violence?” The statement named the regime as the cause of the outrage in Iran and, without meddling or picking favorites, stood up for Iranian democracy. The President who spoke those words was France’s Nicolas Sarkozy. — WSJ.com Read more →

Where is the Change?

 

More than 144 hours into Barack Obama’s presidency, the economy is still in recession, the country is still at war, and in many parts of the country it’s still cold outside. Citizens are growing impatient: Wasn’t President Obama supposed to bring change? — Best of the Web Today: WSJ.com Read more →

Why Spending Stimulus Plans Fail

 

Congress doesn’t have its own stash [of money]. Every dollar it injects into the economy must first be taxed or borrowed out of the economy. No new spending power is created. It’s merely redistributed from one group of people to another. — Brian Reidl, The Wall Street Journal As you probably learned in school, we founded this country as a free-market economy and viewed government intervention in the market with the greatest skepticism. The above article is the clearest explanation I’ve seen for why bailouts and “stimulus plans” involving government spending never work. The latest failed companies hoping for a bailout are General Motors and Ford. I hope Henry Ford — a great American like myself, who is currently whirling like a lathe in his Detroit grave — will pardon me for saying so, but these companies are nothing but engines of mass financial destruction. According to the WSJ, GM… Read more →

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