Entries from May 2009 ↓

“CU recommended zero percent of the Chrysler vehicles they tested. That’s right–zero. Second to last was General Motors. CU recommended 17 percent of GM models.”

- Greg Mankiw

“To limit credit solely to the financially stable leaves those most in need outside of our formal financial system, instead forcing such households to borrow from less efficient, and often more costly, sources, such as friends and family, or pawn-shops and loan sharks.”

- Mark Calabria

Industries President Obama wants the government to run:

1. Automobile (government will own stakes in GM and Chrysler)
2. Health Care (supports single payer health care)
3. Education (opposes private school vouchers)
4. Banking (government will convert their loans into common stock)

“Taxpayers will write $5,000 or $7,000 rebate checks to other taxpayers to bribe them to buy hybrids and plug-ins at a price that lets Detroit claim it’s earning a “profit” on its Obamamobiles.”

- HOLMAN W. JENKINS, JR.

“…300 million Americans today produce more output than more than a billion people in India or an even larger population in China — indeed, more than these two countries which, put together, have more than eight times the population of the United States. We also produce more than Japan, Germany, Britain, and France combined.”

- Thomas Sowell

“This health-care debate isn’t like the “stimulus” bill, which was largely about short-term spending and deficits. This one is about whether to turn 17% of the U.S. economy entirely and permanently into the arms of the government.”

- Wall Street Journal

“patients in Western Europe, Canada and Japan — which set strict caps on spending for medical technology — are free-riding off the more open U.S. health-care system.”

- Wall Street Journal