NOVEMBER 30, 2011 The Congressman from Fannie Mae retires. It is a newspaper truism that what is good for journalism is bad for the country, and vice versa. Let’s just say that regarding the pending retirement of Congressman Barney Frank, we’re delighted to make the professional sacrifice. Few House Members have made a bigger legislative […]
THE BARNEY FRANK ERA Read More »
NOVEMBER 26, 2011 ‘The New Tammany Hall’ The historian of the American city on what Wall Street and the ‘Occupy’ movement have in common, and how government unions came to dominate state and local politics. By MATTHEW KAMINSKI New York ‘What has the country so angry,” says Fred Siegel, “is the sense that crony capitalism
THE PUBLIC SECTOR UNIONS ARE THE NEW TAMMANY HALL Read More »
THE ECONOMIST Unless Germany and the ECB move quickly, the single currency’s collapse is looming Nov 26th 2011 | EVEN as the euro zone hurtles towards a crash, most people are assuming that, in the end, European leaders will do whatever it takes to save the single currency. That is because the consequences of the
THE EURO ZONE, IS THIS REALLY THE END? Read More »
NOVEMBER 26, 2011 New Strains Hit Euro, Global Markets Common Currency Falls After Italy’s Borrowing Costs Soar; Coming Week Poses Key Test of Sentiment By STACY MEICHTRY and JONATHAN CHENG ROME—Uncertainty in financial markets deepened as Italy’s borrowing costs soared to euro-era highs and Prime Minister Mario Monti said European leaders understood an Italian collapse
NOVEMBER 17, 2011 The Germans are richer and more stubborn.The French are flashier and faster on their feet. By WALTER RUSSELL MEAD The European crisis repeats the same pattern endlessly. Bad news sinks markets, ultimately accelerating into a panicky wave of liquidation. European leaders convene, deliberate and emerge with what they say is a “fix.”
THE CULTURE WAR OVER EUROPE’S MONEY Read More »
The Disciplined Investor Friday, November 18, 2011 Sunday Fun: Occupy Wall Street – Who Parented These People? November 6, 2011 11:47 am I admit it – I just don’t get it. Seems as if the efforts going into this OWS should be directed at OWDC (Occupy Washington D.C.). We are trying to get someone from
OWS – WHO PARENTED THESE PEOPLE? Read More »
November 15, 2011 The Abuser in Chief By Ed Lasky Calling America “lazy” last weekend was only the latest and broadest insult from President Obama. America has become accustomed to Obama’s lashing out at entire groups of people. What has been all too little appreciated is his seeming delight in bullying, if not demeaning, individuals
THE ABUSER IN CHIEF Read More »
Published on The Weekly Standard (http://www.weeklystandard.com) What if government spending depresses instead of stimulates? Charles Wolf Jr. November 7, 2011, Vol. 17, No. 08 EXCERPT FROM THIS ARTICLE: Keynes assumed that the initial deficient level of aggregate demand would remain unchanged until the stimulative (“pump-priming”) effect of additional government spending kicked in. In other words,
WHERE KEYNES WENT WRONG Read More »
NOVEMBER 10, 2011 From Greece to Italy to France, the welfare state is in crisis. In the European economic crisis, all roads lead through Rome. The markets have raised the price of financing Italy’s mammoth debt to new highs, and on Tuesday Silvio Berlusconi became the second euro-zone prime minister, after Greece’s George Papandreou, to
EUROPE’S ENTITLEMENT RECKONING Read More »
