March 2010 - Eagle Watch

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HOLIDAY of the DAY (for those looking for a reason to stay home today) This is the 64th anniversary of the changing of William “Wild Bill” Donavan’s wartime Office of Strategic Services (OSS) to the Central Intelligence Group, forerunner of the Central Intelligence Agency (CIA).

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Jabberwokythink

Those who know me have heard my analogy that if you give Congress the problem “2+2=?”, they will, after stern examination of the problem, return – and defend – the answer “Grapefruit”. It’s as if the problem is in Greek and Congress speaks only Latin...

Published 03-31-2010 6:55 by Eagle Watch

Filed under: economics, government, Congress, business, lunacy, axcess bloggers
And Here We Go

Since New Year’s Eve, the anti-gang unit of the Helmet [CA] [1] Police Department has been under attack. It seems the Vagos, California’s largest outlaw motorcycle gang, took umbrage at the attentiveness with which HPD views their activities. The Vagos...

Published 03-26-2010 11:07 by Eagle Watch

Filed under: politics, government, international relations, DHS, military, Congress, counterterrorism, Mexico, axcess bloggers
Chronicle of Our Perdicament

I apologize for boring all of you with a look at how and why policy works (or doesn’t) and how it affects the non-government component of society (us). There is a motif to the serial dysfunction of governmental intervention – common threads...

Published 03-24-2010 10:35 by Eagle Watch

Filed under: Obama, economics, government, history, Congress, medicine, business, energy, Constitution
LHC Update

CERN, the European Organization for Nuclear Research, has turned the Large Hadron Collider back on, after months of repair following a component failure. Its raison d’être is to create – if ever so briefly – thermal and energy densities that existed peri...

Published 03-23-2010 10:15 by Eagle Watch

Filed under: physics, Gee Whiz technology, energy, science
Thought for the Day

Speaker Pelosi is fond of saying that “healthcare is a right”, well now that is has been passed into law, either her speechwriter needs to be found and slapped for lying to us, or those who actually wrote the actual bill need to be found and slapped for...

Published 03-22-2010 14:37 by Eagle Watch

Filed under: Obama, government, Congress, law, Constitution
Pin the Tail on the Economy

While the US housing market lay fallow, the banking sector melting down, and the US auto industry being taken over by government, the House Energy and Commerce Committee was formulating a cap-and-trade bill aimed at reigning-in American carbon release...

Published 03-21-2010 8:25 by Eagle Watch

Filed under: politics, economics, government, history, Congress, law, business, energy
Never Waste a Crisis

After a spirited public debate, it was announced that bankruptcy was not an option for the Big Three American automakers – too disruptive to already fragile markets. In December of 2008, Ford said that it shouldn’t need federal help, primarily because...

Published 03-18-2010 7:15 by Eagle Watch

Filed under: politics, economics, government, history, Congress, unions, business
Too Big to Fail

We had just finished putting somewhere north of a trillion dollars into the credit seizure instigated by the housing collapse, including many features that were very unpopular with the public at large. One of those was the bailout of the by now demonized...

Published 03-17-2010 8:54 by Eagle Watch

Filed under: politics, economics, government, history, Congress, law, business
Finger in the Dike

Newscasters had a new catch phrase – “toxic assets” – which was and intellectual sounding way to say “horrible investment”. In the first week of July 2008, Fannie Mae’s and Freddie Mac’s shares plummet on widespread fears that “toxic assets” would lead...

Published 03-15-2010 12:20 by Eagle Watch

Filed under: politics, Obama, economics, government, history, Congress, business
Pop Goes the Weasel

By late 2003 the economy was showing signs of heating up, so the Federal Reserve began raising interest rates at their first 2004 meeting, and between 2004 and 2006 the prime rate rose from 1% to 5.35%. The housing market is extremely sensitive to interest...

Published 03-13-2010 17:59 by Eagle Watch

Filed under: politics, economics, government, history, business

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March 2010 - Eagle Watch

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Favorite Blogs

Archives

Jabberwokythink

And Here We Go

Chronicle of Our Perdicament

LHC Update

Thought for the Day

Pin the Tail on the Economy

Never Waste a Crisis

Too Big to Fail

Finger in the Dike

Pop Goes the Weasel