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April 3, 2009

1932 or 1923?

When the housing bubble burst last summer, people started worrying about more than just the values of their homes. Fannie Mae and Freddie Mac collapsed and, in their wake, took down major banks like Bear, Sterns and legendary insurance giants likeΒ  AIG. If you’re an investor, you can recall when these stocks were among those considered to be as close to “sure things” as any investment could be. Their collapse, and the threatened fall of other big banking houses, was and is frightening......   [Read More]

Third party in 2012?

ST put this warning from Newt Gingrich about a third party springing up in 2012 up in Hot Headlines yesterday, which gives me the perfect opportunity to launch into my thoughts on this possibility. I’ve been tossing this around for the last 4 years, since President Bush’s re-election, when I became convinced that a significant portion of the Republican Party was more interested in purchasing the middle by growing government than actually opposing the Socialization of America espoused by the Democrats since LBJ. I’ve alluded to my thought process several times in my looks at where conservatism has been the last couple years......   [Read More]