Carolina Journal Exclusives Greensboro Council Worried About Strings Attached to ‘Free’ DOE Money Grant assumes residents would assume debt to install energy-saving improvements By Sam A. Hieb October 25, 2010 GREENSBORO — It is hard for local governments to turn down so-called “free money,” no matter how many strings are attached. The City of Greensboro […]
Published on The Weekly Standard (http://www.weeklystandard.com) Building America’s Next Bailout Here we go again. October 11, 2010, Vol. 16, No. 04 It has become obvious in the past year that states face huge budget holes. And the federal government has come to their rescue: The $814 billion stimulus measure included over $280 billion to help
CASH STRAPPED STATES ARE ISSUING NEW TYPE OF BONDS TO INTERNATIONAL INVESTORS Read More »
Shocking C Span videos of Democrats fighting off Republican efforts to put more regulation on Fannie Mae and Freddie Mac in late 2004 http://www.youtube.com/watch?v=_MGT_cSi7Rs&feature=related
VIDEO – DEMOCRATS DEFENDING FANNIE AND FREDDIE – 2004 Read More »
Thomas Sowell Politics Versus Gold Tue, Sep, 28, 2010 One of the many slick tricks of the Obama administration was to insert a provision in the massive Obamacare legislation regulating people who sell gold. This had nothing to do with medical care but everything to do with sneaking in an extension of the government’s power
OBAMACARE – REGULATES THE SELLING OF GOLD Read More »
SEPTEMBER 18, 2010 Elizabeth III Obama to Senate: Stick that in your advice and consent clause. Whatever else can be said about this White House, it isn’t afraid to poke a stick in the eye of its critics. How else to explain President Obama’s decision Friday to put Elizabeth Warren in charge of the new
OBAMA APPOINTS ELIZABETH WARREN WITHOUT SENATE APPROVAL Read More »
SEPTEMBER 7, 2010 The Obama Economy How trillions in fiscal and monetary stimulus produced a 1.6% recovery. So two months before an election, and 19 months after the mother of all spending programs, President Obama said yesterday he’s rolling out one more plan to stimulate the economy. We’ll discuss the details when they’re released, but
THE OBAMA ECONOMIC MALAISE Read More »
AUGUST 31, 2010 TARP and the Continuing Problem of Toxic Assets It was a bold bet that the Treasury and Fed could engineer an economic recovery without allowing the repricing of U.S. housing stock. By ANDY KESSLER We should have eaten those toxic assets instead of sweeping them under the carpet. The Troubled Asset Relief
TARP AND ITS CONTINUING SAGA OF ECONOMIC WOES Read More »
AUGUST 24, 2010 The Fed Can Create Money, Not Confidence Inflation—or stagflation—remains the more serious danger than deflation. By GEORGE MELLOAN A report by the Federal Reserve Bank of New York last week showed that consumers are having difficulty climbing out of the debt hole they dug for themselves before the credit bubble began to
THE FED CAN’T BUY PUBLIC CONFIDENCE Read More »
FoxNews.com – August 24, 2010 More Bad Economic News, Yet Here Comes ANOTHER Wall Street Bailout Existing home sales in July may have suffered a record drop but come September 7, President Obama will have Wall Street investment banks lining up for another huge bailout. Americans may be extremely upset about Wall Street bailouts, but
ANOTHER WALL STREET BAILOUT Read More »
AUGUST 11, 2010 The High Costs of Very Low Interest Rates Money that should be invested to create jobs is instead funding government debt, while worried consumers sit on the sidelines. By JOHN C. MICHAELSON The prevailing view among economists, policy makers and Federal Reserve Board governors is that a zero or near-zero short-term interest
CAN WE AFFORD TO KEEP INTEREST RATES LOW? Read More »
