Bob McCarty Writes

Seven months ago, I published a post about Barry Ritholz’s then-soon-to-be-published book, “Bailout Nation,” that has since become a very popular tome.  Today, I offer the sobering chart above that, according to the author’s web site, was created too late to make it into the book.
Hat tip:  Boing Boing

[Read more →]

“I refuse to leave our children with a debt that they cannot repay, and that means taking responsibility right now, in this administration, for getting our spending under control.” — President Barack Obama, Feb. 23, 2009.
The words of President Obama, spoken only three days into his first — and, hopefully, only — term, ring hollow [...]

[Read more →]

Until Barack and Michelle Obama received so much attention in the press after exchanging one on the campaign trail, I wasn’t very familiar with the “fist bump.”  So I decided to do some research.
The Wikipedia definition for fist bump includes the following:
“The fist bump (also called a knuckleslap, knudge, fist pound, bro-fist, fist kiss, bounce, [...]

[Read more →]

President Barack Obama’s profligate spending programs, in aggregate totaling many trillions of dollars, translate to the act of printing money at a rate never seen in human history, writes Doug Ross in a post today.  Experts, from the nonpartisan Congressional Budget Office to Democrat economists, believe that these plans put America on a glide-path to [...]

[Read more →]

The word is spreading quickly about Lloyd Marcus’ recently-recorded song, “American Tea Party.”
In a post yesterday afternoon, I declared that his song deserves to go down in history as the anthem of the American Tea Party Movement.  Soon after, I sent an e-mail blast to nearly everyone I know — bloggers and journalists alike — [...]

[Read more →]