AUGUST 21, 2010 The Teamster Tariffs U.S. workers pay for the Democrats’ Mexican truck ban An 18-month trade war between the U.S. and its third largest trading partner took a turn for the worse this week when Mexico announced new tariffs on 26 previously tariff-free items that it imports from America. Washington state apples and […]
AUGUST 21, 2010 A massive Keynesian spending program has misallocated capital and set the stage for a crisis. By SHIKHA DALMIA AND ANTHONY RANDAZZO American enthusiasts of more stimulus have been urging this country to look to China for guidance on how to beat a recession. As they see it, while our politicians debated and
CHINA’S LOOMING REAL-ESTATE BUBBLE Read More »
AUGUST 20, 2010 The SEC’s Jersey Score At last, a state gets hit for securities fraud. The movement to clean up state pension funds is gaining momentum, and the latest evidence is that even the Securities and Exchange Commission is getting in on the action. In the Wonders Never Cease Department, the SEC has scored
STATES’ VERSION OF A PONZI SCHEME Read More »
Sunday, August 22, 2010 www.therocherecord.com ABC CHOOSES AMANPOUR. GOODBYE For 29 years I’ve been a loyal viewer of the ABC Sunday morning news talk show, “This Week.” From 1981 – 1996 it was “This Week with David Brinkley,” and I rarely missed a broadcast. David Brinkley, Cokie Roberts, Sam Donaldson, and George Will were a
THE ROCHE RECORD -COMMENTS ON CURRENT ISSUES Read More »
AUGUST 19, 2010 Unfunded Public Pensions—the Next Quagmire A federal bailout would cost trillions and prevent necessary reforms. But there are several ways states can rationalize their workers’ retirement benefits. By R. EDEN MARTIN The next big issue on the national political horizon may be whether the federal government should bail out the many budget-strapped
THE NEXT BAILOUT – UNFUNDED PENSIONS Read More »
AUGUST 19, 2010 Barney to Fannie: Drop Dead Wonder of wonders, miracle of miracles. Barney Frank has been all over the airwaves this week with a clear and—we never thought we’d say this—perfectly sound message about Fannie Mae and Freddie Mac: “They should be abolished.” Well, praise be. Two years ago next month, then Treasury
BARNEY FRANK HAS SEEN THE LIGHT! Read More »
AUGUST 17, 2010 Notable & Quotable Abraham Irwin on how a multi-employer pension plan liability destroyed his business. Abraham Irwin, commenting at WSJ.com in response to the Journal editorial on Aug. 16, “The Next Pension Bailout”: MEPPA [Multi-employer Pension Plan Amendment Act] is not only bad for industry and tax payers, but it is bad
MULTI-EMPLOYER PENSION PLAN DESTROYS Read More »
Frank Roche, economist, comments on issues and concerns of our day http://www.therocherecord.com
THE ROCHE RECORD – ISSUES AND CONCERNS OF CURRENT INTEREST Read More »
MITT ROMNEY Grow jobs and shrink government By Mitt Romney | August 18, 2010 IT’S NOT happening the way President Obama had planned. Unemployment blew past his 8 percent ceiling and hasn’t looked back. Private sector investment in new jobs and capital has languished. Even the head of the president’s Council of Economic Advisers, Christina
MITT ROMNEY – HOW TO FIX OUR ECONOMY Read More »
AUGUST 17, 2010 Uncle Sam, Venture Capitalist Meet the battery company that Obama visited yesterday. President Obama kicked off a five-state campaign swing yesterday with a stop at a “clean energy” plant in Menomonee Falls, Wisconsin. As it happens, Mr. Obama couldn’t have chosen a better company to demonstrate the risks that taxpayers are taking
TAXPAYERS SUBSIDIZE UNPROFITABLE GREEN COMPANIES Read More »
