Banks have failed in the Free Market. Both Paulson and Greenspan (an avowed Ayn Rand disciple) have admitted this. For a “free market” to be a Free Market, the market participants (banks in this case) must act Rationally. Acting Rationally…
Author Archive for Reggie Mundekis
Hey, Ed, Let’s Talk
by Reggie Mundekis • • 3 Comments
From Ed Royce via email blast: Royce Opposes Democrats Unstimulating Stimulus Today, Rep. Ed Royce (R-CA) opposed the Democrat Leadership’s unstimulating stimulus package. The $789 billion legislation, loaded with wasteful spending, passed the House 246 to 183. Okay, Ed, and…
Be Careful What Yoo Wish For!
by Reggie Mundekis • • Comments Off
The DOJ is drafting a report investigating if Bush administration lawyers based their legal opinions on the legality of interrogation methods on the need to please the White House. For those of you not familiar with the legal profession, contrary…
Local Budget Shortfalls
by Reggie Mundekis • • Comments Off
Here’s a quick summary of the announced budget shortfalls for our local governments. Revenues are general fund revenues. Brea  - Revenues $54.8 million, Gap $2.3 million (4.2%), Revenue mix 33.3% sales and use taxes, 19.8% contract to provide police services for Yorba Linda,…
Progressive Econ 101: Free Markets
by Reggie Mundekis • • Comments Off
Free markets are the goal of many.  ”Let the Free Market decide” is a rallying cry to bring the troops to the email and phones. But, what is a Free Market? The simplest explanation is a free market is a …
State Budget – Work Those Phones!
by Reggie Mundekis • • 2 Comments
As you are reading this, our worthy compatriots are working the phones to Sacramento to tell our electeds that they support  Freddie Krueger’s budget which will leave our government in  useless shreds.   Our worthy compatriots are very good at…
Yoo Don’t Want to Do This
by Reggie Mundekis • • 5 Comments
Torture counsel John Yoo is now “teaches” at Chapman Law School. I’m not going to take a soapbox and rail against Chapman Law School for employing him because Chapman is in the education business, and quite frankly, both students and…
