Quod erat demonstrandum

It’s the new political small talk: you’re too stupid to disagree with me. From Sen. Hillary Clinton: “We should also put in place a temporary moratorium on foreclosures and freeze rate hikes in adjustable-rate mortgages. We’ve got to stem the tide of failing mortgages and give the markets time to recover.” “The time for ideological,…

Grover says no bailout

Grover Norquist of Americans for Tax Reform has written a letter to Congress opposing the bank bailout. Here are a couple of excerpts: “The bailout plan creates a horrible public policy precedent. How is the government supposed to say, “no” to the next ailing industry that comes to Washington with its hand out? Over time,…