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 »
JANUARY 10, 2011 By making it harder for companies to go public, Congress and regulators tilt the playing field in favor of the wealthy and well-connected. By L. GORDON CROVITZ Facebook raised $500 million last week, but the only people who could invest were the wealthiest private clients of Goldman Sachs. Instead of offering shares
FACEBOOK – HOW WASHINGTON DEFRIENDED INVESTORS Read More »
JANUARY 7, 2011 Ou Est Le ‘Cash for Clunkers’? Not surprisingly, the idea of subsidizing new cars came from France. By VICTOR DIAL Many countries in Europe are reporting improved auto sales in December, thanks to a last-minute rush by consumers to take advantage of yet another “Cash for Clunkers” program. So look for poor
THE ORIGIN OF CASH FOR CLUNKERS Read More »
JANUARY 4, 2011 Private-sector union workers begin to notice that their job prospects are at risk from public-employee union contracts. By WILLIAM MCGURN Jeffrey Brown of PBS’s “NewsHour” recently summed up the year’s economic performance by invoking the most overworked chestnut of modern American punditry: “the disconnect . . . between Main Street and Wall
LABOR’S COMING CLASS WAR Read More »
Social Justice, Justice United and Economic Justice are being promoted by Saul Alinsky’s IAF in our churches and community organizations. Wake up America, the enemy is within the gates! http://www.iafsoutheast.com/ncup_iafnc.html
