JANUARY 24, 2011 Beijing wants to diversify out of U.S. debt and it will have plenty of cash to make acquisitions. By CHARLES WOLF JR. From 2007 through the first half of this year, Chinese buyers—state, private and in between—acquired 400 companies located outside of the country. The acquisitions span a wide range: mining companies […]
CHINA’S NEXT BUYING SPREE: FOREIGN COMPANIES Read More »
JANUARY 24, 2011 Saved by Washington, the union wants to write its own labor laws. The top priority for the United Auto Workers this year is to organize one of the foreign, or so-called “transplant,” car makers. That makes perfect sense—for the UAW. Their rich labor contracts and stifling work rules helped bring low Detroit’s
THE UNITED AUTO WORKER’S NEXT ACT Read More »
JANUARY 22, 2011 Renewable energy’s state capitalists. One of the least edifying spectacles in American business is the sight of industry titans begging politicians for alms. We therefore direct your attention to today’s nearby letter from Rhone Resch, the solar industry’s man in Washington, for a classic of the genre. Mr. Resch more or less
REAL CLEAR POLITICS January 22, 2011 By Larry Kudlow Can GE CEO Jeffrey Immelt talk President Obama into a major corporate tax cut? Immelt has been appointed to the new Council on Jobs and Competitiveness, which replaces the disbanded Paul Volcker Economic Recovery Advisory Board. Immelt was a member of that original board. Now he
GE’S IMMELT ON THE HOT SEAT Read More »
JANUARY 19, 2011 Let’s scrap the Departments of Commerce and Housing and Urban Development, end farm subsidies, and end urban mass transit grants, for starters. By DICK ARMEY AND MATT KIBBE The primary economic challenge today is that our government spends too much money it doesn’t have, and it is involved in too many things
WHAT CONGRESS SHOULD CUT – DICK ARMEY Read More »
JANUARY 18, 2011 A case study in the failure of green energy subsidies. Not long ago, Massachusetts Governor Deval Patrick was calling Evergreen Solar a “symbol” of his state’s economic future. Symbolism would appear to be overrated. Evergreen announced last week that it is shutting its Massachusetts plant and will lay off 800 workers. That’s
SOLAR POWER ECLIPSE Read More »
JANUARY 14, 2011 The forward five-year annual inflation rate has increased 94 basis points to 2.90%, which is now above policy makers’ unofficial target of 2%. By NEEL KASHKARI AND STEVE RODOSKY Many politicians talk about America’s large and growing federal debt, but they’ve taken little corrective action. We know that our political system responds
THE MARKET FLASHES ‘CAUTION’ ON U.S. TREASURYS Read More »
JANUARY 13, 2011 U.S. Cuts Global Grain Supply Outlook; Higher Prices Expected at Grocery Stores By SCOTT KILMAN And LIAM PLEVEN Evidence of tightening global food supplies grew as the U.S. Agriculture Department cut its estimates for global harvests of key crops and raised some demand forecasts, adding to worries about rising food prices. Prices
PRICES SOAR ON CROP WOES Read More »
JANUARY 13, 2011 The departure of press secretary Robert Gibbs is another sign that big White House changes are afoot. By KARL ROVE Rahm Emanuel, Barack Obama’s first chief of staff, was treated like a rock star by journalists. He made good copy with vivid quotes and manic energy. He also oversaw a clearly dysfunctional
WHY OBAMA CHOSE BILL DALEY Read More »
U.S. business mustn’t fall behind as the world moves forward By Gary Burnison The Washington Times December 23, 2010 Imagine, for a moment, that the United States is a company. Without a doubt, it is an industry leader with a great global (albeit sometimes controversial) brand, ample resources and vast real estate holdings from mountains
NOW WASHINGTON MUST DELIVER Read More »
