Posting Bail

Please join the Enosinian Society for our next and last debate of the year today at 8:00 pm in The Honors Building, 714 21st St. NW, to debate

Resolved: No firm is “too big to fail.”

Proposition Speaker: Alex Shoucair
Opposition Speaker: Justin Snyder

During this current economic crisis, we have witnessed an unprecedented government intervention into the marketplace, particularly within the financial industry. These government “bailouts” of financial giants are designed to prevent a total economic meltdown which proponents believe is an inevitable consequence of inaction. Spending billions of billions of dollars to prop up these firms has prompted a fierce debate over whether these interventions are a prudent use of taxpayer money. Some contend the soaring costs of government rescues not only enlarge the federal deficit by sustaining failing industries, but also create a problem of moral hazard and a culture of irresponsibility. Others believe the price of not intervening to save a firm whose collapse could have dire consequences for an entire economy is a far greater cost to society than the billions of dollars required to save these institutions. This debate will center on the economic, social, and philosophical questions that arise when the government intervenes to save a firm from failure. Are “bailouts” incongruent with American free market beliefs? Or does the government have the right and responsibility to stave off collapse for firms it deems too important to fail?


I KNOW you all have something to say about this. Come out and share!

183

CNN's Jack Cafferty writes about the CIA's waterboarding of 9/11 planner Khalid Sheik Mohammed 183 times as disclosed in recent memo releases:

"Don’t you wonder what they learned from Khalid Sheik Mohammed the 183rd time they waterboarded him that they didn’t know after waterboarding him 182 times?"

I wonder.

Gingrich 2012

Normally I don't like making this web log a passive, unoriginal canvas of others' intellectual and analytical work. Surely I rely on various sources when crafting my own message, but in the end what you read here has been thoroughly processed in my mind with specific intention to reveal, enlighten, entertain, and bring immense satisfaction to myself. And every so often I'll do it before Keith Olbermann does.

But so often no more can be said than what has already been so deftly conveyed: an example.

Now that it's abundantly clear that Newt "What Grandpa is Like Off His Medication" Gingrich is running for president in 2012, we are now able to obtain, through the never-ending slew of TV appearances and interviews he is conducting, a glimpse of how lean [sic] and mean President Gingrich would run this noise.

-By militarily provoking a nuclear-armed North Korea.
-Giving that Commie scumbag Chavez a punch in the gut.
-Taking a shit on Ban Ki-Moon's lap.
-Ordering the execution of Somali pirates pretty much exactly the same way the President did.
-Only he'd level Mogadishu afterwards.
-And give the Joint Chiefs the "go" via tweet.
-Signing a Contract With America II (read the fine print)
-Never letting the terrorists know we won't torture.
-Never letting the terrorists know we torture so they can train to resist our torture.
-Even though We. Do. Not. Torture.
-Except when we do.
-Teabagging Nancy Pelosi.
-NOT getting a DOG.

Sounds to me like la solution parfaite to the Obama scourge.

Priorities

1. Clean Room
2. Papers
3. World Peace


All in due time.

What You Should Do This Saturday

Brought to you by

Perspective

It's coming, America.