Below The Beltway

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Archive for August, 2009

The “Cash For Clunkers” Bubble Pops

by Doug Mataconis @ Wednesday, August 26th, 2009. Filed under Auto Industry, Business, Economics, Politics

Now that the government isn’t bribing people to buy cars, the inevitable is happening:
Many auto industry analysts and dealers expect sales volumes to fall now that the program is over. They worry that many people who took advantage of the program were merely accelerating purchases they would have made later in the year.
If that’s true, [...]

More Signs Of A Housing Market Rebound ?

by Doug Mataconis @ Wednesday, August 26th, 2009. Filed under Economics, Real Estate, Sub-Prime Mortgage Crisis

On top of yesterday’s report on the Housing Index, we have news of a strong rise in new home sales in July:
Sales of new homes surged nearly 10 percent in July from a month earlier, another indicator that the country’s long-suffering housing market was starting to turn around.
The Commerce Department reported that new-home sales rose [...]

Don’t Blame The Free Market For The Health Care Mess

by Doug Mataconis @ Wednesday, August 26th, 2009. Filed under Economics, Health Care Reform, Politics

This piece explains succinctly what’s really wrong with the health care system:

I’m no fan of our existing health care system, even though it’s been working out fine for me because I’m well insured, have access to family and friends who are doctors, can afford out-of-network specialists, and have generally managed to end-run the hideous insurance [...]

Congressman Tom Price On The Health Care Takeover: It Will Destroy Health Care In This Nation

by Doug Mataconis @ Wednesday, August 26th, 2009. Filed under Health Care Reform, Individual Liberty, Politics

Congressman Tom Price from is an M.D. who agrees that health care needs to be fixed, but doesn’t agree that increased government involvement is the way to do it:

H/T: Cato@Liberty

No, The Kennedys Are Not An “American Royal Family”

by Doug Mataconis @ Wednesday, August 26th, 2009. Filed under Dumbasses, In The News, Politics

There’s plenty of Ted Kennedy hagiography going on today, but this one just got my goat:
“The Kennedys were the first royal family that we had,” said Kenneth Nielsen, 64, a retired college math teacher from Greencastle, Pa., who was sightseeing on Capitol Hill. “That mystique was carried over . . . They were destined.”
No [...]

So What Happens To Ted Kennedy’s Senate Seat ?`

by Doug Mataconis @ Wednesday, August 26th, 2009. Filed under Congress, Politics

Only days before he died, Senator Ted Kennedy sent a letter to Massachusettes legislatures urging them to change state law regarding how his seat would be filled when it became vacant:
BOSTON — For nearly half a century, Sen. Edward Kennedy has guarded his family’s political legacy. Stricken with cancer and as Congress takes up [...]

Science Confirms That Texas Executed An Innocent Man

by Doug Mataconis @ Wednesday, August 26th, 2009. Filed under Individual Liberty, Legal

In 2004, Texas executed Cameron Todd Willingham for starting a 1991 fire that led to the death of his three children. Now it seems fairly clear that the fire was not arson at all, and that Willingham went to the death chamber an innocent man:
In a withering critique, a nationally known fire scientist has told [...]

Ted Kennedy’s Death Gives Chris Matthews An Obamagasm

by Doug Mataconis @ Wednesday, August 26th, 2009. Filed under Barack Obama, Obamagasms, Politics

It’s been awhile since Chris “Thrill Up My Leg” Matthews has gotten googly eyes over Barack Obama, but apparently the death of Ted Kennedy brought one on:

Congresswoman Says “The Constitution Doesn’t Cover Everything”

by Doug Mataconis @ Wednesday, August 26th, 2009. Filed under Dumbasses, History, Politics, U.S. Constitution

If you had any doubts about the level of historical and legal ignorance, not to mention arrogance, among our feckless leaders, I give you Congresswoman Carol Shea-Porter representing the 1st District of New Hampshire:

Caller Dennis from Manchester asked Shea-Porter during a broadcast on WGIR radio, “I just wanted to know where it says in the [...]

Democrats Already Using Ted Kennedy’s Death To Push ObamaCare

by Doug Mataconis @ Wednesday, August 26th, 2009. Filed under Democrats, Health Care Reform, Politics

Well, that didn’t take long at all:
US House Speaker Nancy Pelosi vowed Wednesday to push through embattled health reform legislation this year following the death of Senator Ted Kennedy, who called the effort “the cause of my life”.
“Ted Kennedy?s dream of quality health care for all Americans will be made real this year because of [...]

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