Wednesday, May 27, 2009

Thinkers Reading: May 27, 2009

Must read! WSJ poses some questions that need to be asked of the new Supreme Court nominee.

The New York Times supports Sotomayor's nomination.


Letter from a GM bondholder (an average guy like you and me) whose retirement may be severely handicapped by the government's special treatment of the UAW.

Sotomayor is definitely The 'Empathy' Nominee, going right along with Obama's views that the courts shouldn't rule based on law, but "empathy."

Interesting commentary on Sotomayor's nomination (you'll need a login - free to sign up though)

Think that modifying mortgages helped solve the economic crisis and keep people in their homes? Think again! "65% and 75% of modified subprime loans will fall delinquent by 60 days or more within 12 months of having been modified to keep the borrowers in their homes."

Do you want a 60% tax increase for EVERYONE or 10% inflation per year for the next ten years? According to the Financial Times this is what it's going to take to service our national debt - thank you to George W. Bush, Congress and President Obama for putting us in that situation.

Who says raising taxes on the rich doesn't cause them to go elsewhere? Maryland tried it, and they lost 1/3 of their millionaires.

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