Letter
This bailout is a bad idea. The idea of spending close to $1 trillion on bad mortgage loans is crazy to start with but the real kick is that no one - not the Treasury Secretary, not the head of the Federal Reserve nor any of the pundits - believe that this is a solution to the financial crisis. They just seem to think that we need to try something and hope for the best. Not with…
October 10, 2008
Letter
Washington is broken. Eight years ago George W. Bush promised smaller government, fiscal discipline, deficit reduction and a return to states' rights. Yet, despite of having full Republican control over the Congress for most of his administration, he has failed to achieve any of these goals.
The federal government is the largest and most intrusive it has ever been. Deficits are…
September 26, 2008