Ashby: Is George “Red”?

I had to laugh just a little bit when Republican Congressmen called the proposed Sub Prime bailout a step toward socialism.  Back in 2004 I wrote a piece suggesting that in a different time Republicans would have accussed President Bush of being a closet socialist.  Following is the article…   Is Bush a Closet Socialist? [...]

Hey, what’s an extra $25,000,000,000?

The Financial Times reports The House of Representatives on Wednesday approved a $25 billion package of low-cost loans to help hard-pressed carmakers and their suppliers finance plant modernisation at a time of restricted access to public capital markets. The automotive loans are separate from the proposed $700bn bail-out for the banking sector, which is still [...]

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