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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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Headed Straight for the Reef

We all watch in horror the tragedy of the cruise ship aground off Giglio Island. “Inexcusable!” is the universal cry. “Those reefs are on my chart,” says veteran sailor and FOX News host Geraldo Rivera. Anyone else see President Obama as Captain Schettino...

Published 01-23-2012 12:56 by Eagle Watch

Filed under: politics, economics, government, axcess bloggers, conservatism, liberalism, 2012 Elections
the Vision Thing

We’ve heard much about various politicians’ “Vision of America” – come next November, we’ll find out what the voters see. First, let’s dispense with the discussion about whether or not this election will be a...

Published 12-22-2011 5:46 by Eagle Watch

Filed under: politics, economics, government, Congress, axcess bloggers, conservatism, liberalism, 2012 Elections
Pyrrhic Victory?

King Pyrrhus of Epirus defeated the Romans at Heraclea (280BC) and at Asculum (279BC), but at the cost of irreplaceable casualties to his own forces. Upon being congratulated by a cohort, the King replied, “one more such victory would utterly undo me...

Published 11-20-2011 9:30 by Eagle Watch

Filed under: politics, government, Congress, Supreme Court, Constitution, axcess bloggers, ObamaCare
Mandate, Severability and Standing

The Supreme Court has agreed to combine three cases ( National Federation of Independent Business v Sebelius , No 11-393; US Department of Health and Human Services v Florida , No 11-398; and Florida v Department of Health and Human Services , No 11-400...

Published 11-15-2011 13:10 by Eagle Watch

Filed under: government, Congress, law, Supreme Court, Constitution, axcess bloggers, 2012 Elections, ObamaCare
ObamaCare SCOTUS Update

The hatful of lawsuits challenging ObamaCare are likely to be heard before the Supreme Court of the United States during this session. All of the cases ask the Court to rule on whether the Commerce Clause of the Constitution allows Congress only to regulate...

Published 10-25-2011 11:13 by Eagle Watch

Filed under: government, Congress, law, Supreme Court, medicine, Constitution, axcess bloggers, ObamaCare
Now the Hard Part

The history of bubbles is that they inflate until “conventional wisdom” catches up with reality and people realize that the inflated commodity is dangerously overvalued, and the bubble pops. This results in an overreaction, depressing the value of the...

Published 09-04-2011 6:34 by Eagle Watch

Filed under: politics, economics, government, Congress, business, axcess bloggers
Why Does a Two-Year-Old Recovery Feel Like a Recession?

Remembering that a market economy will tend to recover from recession in around 18 months on its own, recovery strategies by government need to affect the general economy within that first year and a half, or it is wasted. Realizing that we need two or...

Published 08-31-2011 12:06 by Eagle Watch

Filed under: economics, government, Congress, business, axcess bloggers, ObamaCare
… and Now What?

Well, Ben Bernanke gave his Federal Reserve speech at the Jackson Hole [WY] symposium, and he didn’t mention another round of “quantitative easing” (read: printing money), so the Fed isn’t gong to help the president with his “secret...

Published 08-27-2011 9:45 by Eagle Watch

Filed under: Obama, economics, government, Congress, axcess bloggers
the Rest of the Year is Yours

We got to Cost of Government Freedom Day on Saturday, August 13. We worked 41 days to pay for the $1.5 trillion federal deficit; 62 days to pay for the $2.3 trillion federal non-deficit budget; 44 days to pay for the total of $1.6 trillion of state and...

Published 08-14-2011 9:12 by Eagle Watch

Filed under: politics, economics, government, Congress, axcess bloggers, conservatism, liberalism, Democrats, 2012 Elections
Kabuki of the Inevitable

Well, the great debt-ceiling debate has resolved itself into a program that no one likes. This was inevitable. The left was never going to like anything that even looked like a compromise on their ability to throw other people’s money into the wind;...

Published 08-03-2011 6:21 by Eagle Watch

Filed under: politics, economics, government, Congress, axcess bloggers, the lunatic Left, Tea Parties

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