Obama’s Bear Market

Bloomberg News is reporting that President Barack Obama now has the distinction of “presiding over his own bear market.” Bear markets shred investments.
“The Dow Jones,” the news service said, “fell 20 percent since Inauguration Day, the fastest drop under a newly elected president in at least 90 years, according to data compiled by Bloomberg. The gauge has lost 53 percent from its October 2007 record of 14,164.53, slipping 4.1 percent to 6,594.44 yesterday.”

Congratulations are in order. There are some as yet infirm plans to name the present market “The Obama Market,” in honor of the president’s economic programs.

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Casey Chadwick’s Uneasy Life after Death

Casey and her mother Wendy "I just started grief counseling. I'm always sad. I'm sad and in pain and I miss her." Wendy Hartling Hartling is the mother of Casey Chadwick, murdered in 2015 by Jean Jacques , an illegal Haitian immigrant. Jacques was convicted of the murder of Chadwick in a New London Superior Court jury trial and sentenced by Judge Barbara Bailey Jongbloed to a 60 year term in prison. Since Jacques is 44 years of age, the sentence was, in effect, a life sentence. Connecticut Commentary coverage of the Chadwick murder may be found here , and here and here . Jacques could not have been sentenced to death because Connecticut’s Democrat dominated General Assembly, under pressure from the state Supreme Court, had abolished Connecticut’s death penalty law in 2012 . The slaughter of Chadwick was particularly brutal. Her body had been found by a friend who, opening a door to a closet, discovered Chadwick stuffed in a dark corner drenched in blo...

The Blumenthal Burisma Connection

Steve Hilton , a Fox News commentator who over the weekend had connected some Burisma corruption dots, had this to say about Connecticut U.S. Senator Dick Blumenthal’s association with the tangled knot of corruption in Ukraine: “We cross-referenced the Senate co-sponsors of Ed Markey's Ukraine gas bill with the list of Democrats whom Burisma lobbyist, David Leiter, routinely gave money to and found another one -- one of the most sanctimonious of them all, actually -- Sen. Richard Blumenthal."

Lamont Surprised at Suit Brought Against PURA

Marissa P. Gillett, the state's chief utility regulator, watches Gov. Ned Lamont field questions about a new approach to regulation in April 2023. Credit: MARK PAZNIOKAS / CTMIRROR.ORG Concerning a suit brought by Eversource and Avangrid, Connecticut’s energy delivery agents, against Connecticut’s Public Utility Regulatory Agency (PURA), Governor Ned Lamont surprised most of the state’s political watchers by affecting surprise. “Look,” Lamont told a Hartford Courant reporter shortly after the suit was filed, “I think it is incredibly unhelpful,” Lamont said. “Everyone is getting mad at the umpires. Eversource is not getting everything they want and they are bringing suit. It was a surprise to me. Nobody notified me. I think we have to do a better job of working together.” Lamont’s claim is far less plausible than the legal claim made by Eversource and Avangrid. The contretemps between Connecticut’s energy distributors and Marissa Gillett , Gov. Ned Lamont’s ...

Connecticut Commentary: Red Notes from a Blue State

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