"It's class warfare and my class is winning." Warren Buffett

The value of any commodity, ... to the person who possesses it, and who means not to use or consume it himself, but to exchange it for other commodities, is equal to the quantity of labour which it enables him to purchase or command. Labour, therefore, is the real measure of the exchangeable value of all commodities. (Adam Smith, Wealth of Nations Book 1, chapter V.)

The question we ask today is not whether our government is too big or too small, but whether it works....(Barack Obama)


Thursday, June 11, 2009

Has Mike Castle Decided to Run for Delaware's US Senate Seat?

By refusing to become the ranking member if the US House of Representatives Education and Labor panel, Delaware Rep. Mike Castle seems to be sending a strong signal that he has decided to run for the US Senate. While he is still not saying what he plans to do (and retirement remains an outside possibility), this decision suggests that he plans to go for Joe Biden's old seat in the US Senate.
clipped from www.politico.com
Delaware Rep. Mike Castle, the clear favorite to fill the top Republican slot on the Education and Labor panel, opted not to pursue a bid for the post so he can still ponder a run for the Senate.
"While I am honored to be mentioned as a candidate for the Ranking Republican post on the House Education and Labor Committee, I have decided not to pursue the position," Castle said in a release Thursday morning.
The popular Delaware Republican said members of the party's Steering Committee expressed "obvious concerns...as to whether or not I would continue to run for my current House seat. Since I am not ready to announce a final decision on whether to run for the House, the Senate or anything...it would be unfair to pursue the ranking member post at this point in time."
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Posted by Delaware Watch at Thursday, June 11, 2009