Wednesday, May 07, 2008

Quotes of the day

What do Americans care most about this election season? The troubled housing market, and the short supply of oil. That's why Hillary is here with a plan. Specifically, a plan to discourage investment in the oil industry through a windfall profits tax, and to destroy the mortgage market by freezing foreclosures and interest rates. That way, no one has to worry about oil or houses, because there won't be any to worry about. That's just the kind of thoughtful, caring politician she is.--Megan McArdle

Adjusting for both increased fuel efficiency and the significant increases in income since 1980, gas today is a bargain, even at $3.56 per gallon (price I paid today in Michigan).--Mark Perry
The media promised a depression and all we got was yet another lousy quarter of economic expansion--Ken Braun

DISCLOSURE: I am short US.RECESSION.08

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