Comments for dwightinsight

Comment on Upside down by donnafairy

donnafairy — Sun, 08 Mar 2009 18:17:29 +0000

Then again, I guess selling your house doesn’t help, when you owe more on it than it’s worth. Still, I would guess that there are some deals to be had in Nevada, inside and outside the casinos.

Comment on Upside down by donnafairy

donnafairy — Sun, 08 Mar 2009 18:15:28 +0000

Maybe this is a good time to buy a house in Vegas?!

Comment on The Speech–upon further review by Mike

Mike — Sun, 01 Mar 2009 07:09:21 +0000

Just passing by.Btw, you website have great content!

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Making Money $150 An Hour

Comment on Quote of the Day by donnafairy

donnafairy — Mon, 16 Feb 2009 23:39:02 +0000

That is a great quote and really paints a clear image of the concept of economic stimulus. It seems like WWII is often presented as this economic blessing in disguise. The reality is, as Chait points out, that it was not the war that stimulated the economy, it was the spending.

Comment on Fish Barriers by donnafairy

donnafairy — Wed, 11 Feb 2009 15:55:16 +0000

Regarding the coupons the for digital TV conversion, Gail Collins wrote about this awhile ago. As I understand it, the Bush administration did not adequately plan for or fund the conversion from analog to digital, so that particular “pork” is needed to address another of the legacy problems left by W. & Company.

Comment on Zombie Republicans 3 by donnafairy

donnafairy — Sun, 08 Feb 2009 16:38:09 +0000

Well, I thought you needed a photo to go with this post, so I googled “Ron Paul Zombie” and found this: http://brainshavings.com/2009/01/ron-pauls-zombie-hordes-crash.html. It looks like a Republican blog, but the photo might work well for your post, too.

Comment on Beck Republicans by Zombie Republicans 2 « dwightinsight

Zombie Republicans 2 « dwightinsight — Sat, 07 Feb 2009 18:49:01 +0000

[...] heard Rush Limbaugh make exactly the same point last week, not to mention Joe the Plumber in the post below. The self-contradiction is pretty obvious, isn’t it? WWII was a big spending project, much [...]

Comment on Waste, Fraud, and Abuse by steve

steve — Sat, 24 Jan 2009 18:22:38 +0000

Good point. I kind of like Brooks, but he frequently just gets stuff wrong. I remember seeing him on the same show several years ago when the Iraq invasion was a year or two old. Brooks was predicting that Iraq would emerge from Saddam’s authoritarian rule just like Poland emerged from Communist rule in the late 1980’s. WTF? The countries are completely different, culturally and historically, and maybe most important—Poland was fighting for their independence behind a popular Polish movement: Solidarity. How Iraq is comparable to this is beyond me.

Comment on Waste, Fraud, and Abuse by donnafairy

donnafairy — Sat, 24 Jan 2009 17:30:57 +0000

Speaking of misallocation of resources in the private sector, we heard last night on PBS News Hour that the former CEO of Merrill Lynch spent $1.2 million remodeling his office last year. Among other things, he spent $14,000 on a wastebasket. Where did he buy it? A jewelry store? How do you even find a wastebasket at that price? I am guessing that he didn’t find it on Craig’s List!

Then there was David Brooks’ commentary on the same PBS News Hour program. He says that funding for special education, Head Start teachers and training programs for nurses does not qualify as economic stimulus. I don’t understand his thinking. Teaching and nursing are jobs – professions where we don’t have adequate numbers of trained individuals to fill the slots. I thought that job creation, putting people to work, stimulates the economy. Brooks seems to think that it all comes back to the capital markets and banks. That’s where we need to focus the funding. Apparently, he missed the earlier segment on the $14,000 wastebasket!

Comment on Focus by dk

dk — Sat, 17 Jan 2009 17:38:13 +0000

For me, the most appalling part was that he was “disappointed” there were no weapons of mass destruction in Iraq. Imagine the kind of mind that hopes for such things!