A. Entrepeneur walks into the offices of A. Bigbank and asks for half a billion dollars to build a factory using technology X to produce solar energy.  A. Bigbank's loan officer, after evaluating the risk and the return, denies the loan, noting that there is a 50% chance that technology X will be obsolete by the time the factory is built, ( Read more... )

Obama approval hits new low in latest Gallup poll

Tea Party's unfavorability ratings hit an all-time high

Do you think Mayor Bloomberg is getting ideas?

Last Friday evening, near midnight, a revolutionary document appeared. Not from a bunch of Tea Party whackos wanting to secede from Great Britain the United States, but from the Federal Government itself.

It was a legal brief, dedicated to the proposition that all men and women are created equal. And that they are endowed with a certain ( Read more... )

And so it came to pass that the remaining votes in the CA-36 special election for Congress did not favor Debra Bowen; they actually increased the Republican candidate's lead over her. She has conceded. That means the 'jungle primary' resulted in no change in the outcome from what it would have been, all else being equal, had the Democratic and ( Read more... )

And it had three surprising results ( Read more... )

Apparently no one really knows what a "natural-born" citizen is. The term seems to have been commonly used and understood back when the Constitution was written, but never laid out in writing ( Read more... )

The Oxford English Dictionary says the first published use of "hello" goes back only to 1827.

So the Founding Fathers didn't use 'hello' ? Alert the Tea Party!

via Andrew Sullivan

If you're the Onion, and thus you do it well.

WASHINGTON-According to a poll released Tuesday, nearly 20 percent of U.S. citizens now believe Barack Obama is a cactus, the most Americans to identify the president as a water- retaining desert plant since he took office ( Read more... )

American International Group is discussing plans with the government to fully repay the government bailout it received two years ago, according to a report in the Wall Street Journal. CNBC

CBO estimates the government will make a profit of $7 billion from the bank bailouts -- Mother JonesThat leaves the auto bailouts. If the government were to ( Read more... )

"What is a little bit disconcerting and concerning is the inability for sporting goods stores to keep ammunition in stock," she said. "That tells me the nation is arming. What are they arming for if it isn't that they are so distrustful of their government? They're afraid they'll have to fight for their liberty in more Second Amendment kinds ( Read more... )