Big Business

DODD-FRANK’S THREAT TO FINANCIAL STABILITY

MARCH 25, 2011 The identification of firms as too big to fail is a mad policy that will confer unfair marketplace advantages and put taxpayers on the hook for future bailouts. With the comment period now closed on its proposed rule, the Financial Stability Oversight Council (FSOC) is getting ready to outline the terms for […]

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DETROIT’S DECLINE AND THE FOLLY OF LIGHT RAIL

MARCH 25, 2011 The country needs to unleash entrepreneurs, who will only be held back by tax-funded make-work projects. By EDWARD GLAESER The Census just reported that Detroit’s population dropped by 25% between 2000 and 2010, a stunning fall that is even larger than the 20% drop Detroit experienced during the 1970s. The story of

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WHY OBAMA WENT TO BRAZIL

MARCH 21, 2011 Why Obama Went to Brazil There’s a chance to build a new foreign policy alliance that disdains dictators like Hugo Chávez. By MARY ANASTASIA O’GRADY President Obama’s trip to Brazil, Chile and El Salvador this week, while war rages in Libya, has been sharply criticized as proof of dangerous detachment from a

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WHAT GE WAS THINKING IN 2011

MARCH 19, 2011 Into the time machine to see how a major company coped with its black swans By HOLMAN W. JENKINS, JR. The following memo was unearthed as part of the litigation, now entering its 50th year, over the Great Japan Nuclear Incident of 2011. Addressed to General Electric’s then-CEO Jeff Immelt, the memo

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ELIZABETH WARREN – BANKINGS’ SCOURGE ON CHARM OFFENSIVE

MARCH 15, 2011 Banking’s Scourge on Charm Offensive By VICTORIA MCGRANE And MAYA JACKSON RANDALL Elizabeth Warren has earned a reputation as the scourge of the financial industry. Banks used “tricks and traps” to carry out a “massive looting from middle-class families,” the Harvard professor and consumer advocate has said. She slammed Wall Street chiefs

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THE TRUTH ABOUT U.S. MANUFACTURING

FEBRUARY 25, 2011 The average American factory worker today is responsible for more than $180,000 of annual output, triple the $60,000 in 1972. By MARK J. PERRYMr. Perry, a professor of economics at the University of Michigan, Flint, is also a visiting scholar at the American Enterprise Institute. Is American manufacturing dead? You might think

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FINALLY, ARAB UNREST STUNS MARKETS!

FEBRUARY 22, 2011, 11:56 P.M. ET Arab Unrest Stuns Markets Oil Soars, Stocks Fall as Libyan Rebels Take Energy Zone; Shipments Are Halted By LIAM PLEVEN, JONATHAN CHENG And GUY CHAZAN Libya’s descent into violence rattled global financial markets Tuesday, sending oil prices surging to their biggest gain in more than two years and driving

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VIDEO – MITT ROMNEY AT CPAC 2011

VIDEO – MITT ROMNEY AT CPAC 2011 Read More »

THOMAS SOWELL – A LITTLE CREDIT TO FORD, EDISON AND ROCKEFELLER

Thomas Sowell: New Heroes vs. Old Thomas Sowell 2011-01-26 14:27:31 When I mention that my family used kerosene lamps when I was a small child in the South during the 1930s, that is usually taken as a sign of our poverty, though I never thought of us as poor at the time. What is ironic

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