February 4, 2011 Bubbles, Bubbles Everywhere By Victor Davis Hanson The 2008 financial crash originated with a housing bubble. Not long ago, the cheap money policies of the Federal Reserve, the infusion of trillions of dollars in new foreign investment, and the misguided policies of Freddie Mac and Fannie Mae all conspired to extend to
BUBBLES BUBBLES EVERYWHERE – VICTOR DAVIS HANSON Read More »
FEBRUARY 3, 2011 Technologies with goofy names like Twitter and Facebook are replacing political stability with a state of permanent instability. By DANIEL HENNINGER ‘Stability” has been the goal of civilized foreign policy since the dawn of the Cold War and arguably since the Congress of Vienna, which posited a framework for international relations in
JANUARY 31, 2011, 7:36 P.M. ET Don’t Just Cut Government, Reinvent It Across-the-board reductions will not improve efficiency. By LOUIS V. GERSTNER JR. The hottest topic in Washington, D.C., and many state capitals is cutting the cost and size of government. Understandably so—we are living way beyond our means, and the future of our nation
DON’T JUST CUT GOVERNMENT, REINVENT IT Read More »
January 31, 2011 The Greedy Bastards Paradox Bogie If we accept President Obama’s economic arguments, his State of the Union address was most remarkable in the aftermath, when nothing happened. For the sake of argument, let’s agree with the President that the winning ticket of the global economic lottery will be investment in renewable energy,
THE GREEDY BASTARDS PARADOX Read More »
JANUARY 27, 2011 Congress’s inquiry commission is offering a simplistic narrative that could lead to the wrong policy reforms. By BILL THOMAS,KEITH HENNESSEY AND DOUGLAS HOLTZ-EAKIN Today, six members of the Financial Crisis Inquiry Commission—created by the last Congress to investigate the causes of the financial crisis—are releasing their final report. Although the three of
WHAT CAUSED THE FINANCIAL CRISIS? Read More »
WALL STREET JOURNAL JANUARY 27, 2011 Milton Friedman warned that government spending cancels out higher-return private investment. By STEPHEN MOORE Words matter in politics, which is why the federal government no longer “spends” (and wastes) money, but rather “invests” it. According to Barack Obama’s State of the Union address, nearly every penny of the $2.5
OBAMA’S ‘INVESTMENT’ CHARADE Read More »
THE NEXT DECADE by George Friedman Published: January 2011 Synopsis The author of the acclaimed New York Times bestseller The Next 100 Years now focuses his geopolitical forecasting acumen on the next decade and the imminent events and challenges that will test America and the world, specifically addressing the skills that will be required
BOOK REVIEW – THE NEXT DECADE Read More »
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 »
