It’s not a good idea to have very few IPOs on Wall Street. It means more of our economy is being controlled by fewer people. Blame Sarbanes-Oxley.
Hugo Chavez, probably joking, says capitalism killed life on Mars. It would be funny except that communism, like the kind he supports, killed tens of millions right here on planet Earth.
The best thing about Barack Obama’s turn against civil liberties, embrace of War on Terror excesses and starting of an unapproved war in Libya is that it has exposed many of Bush’s critics for the partisan shills that they were (while also highlighting those who had genuine principles). The worst thing about it is that it has caused Bush’s minions to gloat about how right they were, even as every day that passes proves how wrong they were. Obama had a chance to change the course of history; his decisions have instead sealed in place the dumb decisions that Bush made. In my book, that’s almost worse.