Published on The Weekly Standard (http://www.weeklystandard.com) The global debt apocalypse approaches. David M. Smick October 31, 2011, Vol. 17, No. 07 On the issue of public debt, Washington is experiencing what psychologists call “learned helplessness.” The financial news is so relentlessly terrible that people have become numb to it and assume nothing can be done
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THE TELEGRAPH The single currency is close to collapse With Europe on the brink of a disaster, the euro must be reconstituted as an entity based on economic reality, not ideological folly. Crisis: the Franco-German partnership which lies at the heart of the European project is fracturing as never before Photo: AFP By Telegraph View 21 Oct
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OCTOBER 19, 2011, 12:04 A.M. ET There is no evidence huge banks add sufficient value to offset the systemic risk they pose. By JON HUNTSMAN Is Dodd-Frank an appropriate regulatory response to the 2007 financial crisis? Tragically, no. That legislation ignores the government’s pervasive role in causing the crisis, assures future transfers from taxpayers to
JON HUNTSMAN: ‘TOO BIG TO FAIL IS SIMPLY TOO BIG’ Read More »
Contractors’ fees recorded By Jim McElhatton– The Washington Times Wednesday, September 21, 2011 In the fallout of the collapse of solar-panel maker Solyndra LLC — a company awarded more than a half-billion dollars in federal loans before it went bankrupt late last month — members of Congress are demanding to know how all that money
LAWYERS NETTED MILLIONS IN SOLAR LOAN DEAL Read More »
BACON: Good intentions bring terrible results What’s holding back black Americans? Government, not discrimination By James A. Bacon- The Washington Times Monday, September 12, 2011 After nearly a half-century of government-led exertion to lift black Americans out of poverty, how are they far- ing? New data and research tell the story. According to census data,
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SEPTEMBER 29, 2011 The Department of Energy keeps shoveling out taxpayer money. EXCERPT FROM THIS ARTICLE: The Energy Information Administration estimates that new natural gas-fired plants will create electricity at a cost of $63.10 per megawatt hour, compared to the Administration’s “green” favorites, offshore wind and solar thermal plants—like the one in Nevada funded yesterday—which
WHAT SOLYNDRA FIASCO? Read More »
SEPTEMBER 26, 2011 Pivot Point: Investors Lose Faith in Stocks By TOM LAURICELLA European nations, flirting with recession, can’t agree on how to climb out from under their pile of debt. The U.S. is careening toward a budget fight that threatens to shut down the government. China’s mammoth economy may be downshifting. Getty ImagesEconomic fragility
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NATIONAL REVIEW ONLINE www.nationalreview.com Mark Steyn September 24, 2011 6:00 A.M. Global Bust-Up It’s the end of the world as we know it. You shouldn’t feel fine. ‘It’s the end of the world as we know it,” sang the popular musical artistes R.E.M. many years ago. And it is. R.E.M. has announced that they’re splitting
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SEPTEMBER 20, 2011, 7:05 P.M. ET Notable Quotable Charles Kadlec on who’s to blame for the European debt crisis. Columnist Charles Kadlec writing Sept. 19 at Forbes.com: There is no one to blame for Europe’s debt crisis other than its political class. They are the ones who borrowed extravagantly with the pretense that good intentions
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