Heroics Behind the “Miracle on the Hudson”
Once again, Americans have proven their mettle in the face of disaster — or in this case used it to prevent a disaster — in what New York Governor...
About: Gary Benoit
Posts by Gary Benoit
Banks, Nationalization, and the Times’ Spin
In an unwonted episode of lucidity, the New York Times proclaimed in a recent headlilne that the "Rescue of Banks Hints at Nationalization." Of course, the Times got most...
Stimulus Price Tag Continues to Rise
The price tag for the incoming Obama administration's proposed stimulus bill continues to rise. This morning, a few hours in advance of a planned announcement, the Associated Press, which...
Trans Texas Corridor Renamed, Not Dead
The Texas Department of Transportation announced on January 6 that the Trans Texas Corridor is dead. We don't think so. ...
Obama’s Stimulus Plan Will Cost at Least $187,800 Per Job
According Barack Obama's presidential transition team, the new stimulus plan being prepared by the upcoming Obama administration can be expected to create between 3.3 million and 4.1 million jobs....
The Problem With Electric Cars
William Morrison of Des Moines is credited with building the first electric car in 1891. It was successful, except for two problems: the batteries were heavy and expensive, and...
Bush Designates New Marine Sanctuaries
With just two weeks left in office, President Bush designated almost 200,000 square miles of the Pacific Ocean as a national monument using powers granted by the Antiquities Act...
More Covert War Against Iran
The United States has escalated its covert war against Iran, the New York Times reported on January 10. The article reported that the program involved efforts to disrupt the...
Trying to Uphold Federalism in Federal Court
"Federalism" is one of those words that turns many readers aside, as it conjures up images of boring old theoretical interpretations of John Locke treatises. The reality of federalism...
True Unemployment Rate Higher Than Reported
The unemployment rate in December rose to 7.2 percent, according to the Labor Department. This represents a steep 0.4 percent rise from November's official rate of 6.8 percent, topping...
Why Would a Teen Murder Her Newborn?
A teenage girl is being held in Port Angeles, Washington, for the murder of her newborn baby boy. Sixteen-year-old Lauryn Louise Last is accused of drowning her newborn son,...
China Curbing Appetite for U.S. Debt
China is finally being forced to curb her appetite for U.S. government debt, according to the New York Times. China, which last September overtook Japan as the largest international...
Obama’s New Course: More of the Same
President Bush leaves office amidst the greatest economic calamity in several generations, perhaps ever. The federal budget deficit is poised to triple last year's record $400 billion, rising to...
Bailing Out Chrysler Becoming a Bad Habit
The federal government handouts to the auto industry continued over the weekend with the announcement of a $4 billion bridge loan to Chrysler LLC to help keep the Big...
Jobs’ Health and Apple’s Stock
On Monday Apple's stock rose dramatically, gaining 4.22 percent by the end of trading and closing at $94.58. Analysts attribute this dramatic rise to an announcement made today by...