Economy

SMALL BUSINESS JOBS ACT – OBAMA’S WEAK ATTEMPT TO PROVE HE IS NOT ANTIBUSINESS

JULY 30, 2010 Son of TARP More politically directed credit, this time for small banks. President Obama has been trying to rebut the claim that he’s antibusiness by promoting something called the Small Business Jobs Act, which would provide loans and temporary tax cuts to small businesses. If you’ve been paying attention over the last […]

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WANTON CREDIT CREATION AND ITS AFTERMATH

Published on The Weekly Standard (http://www.weeklystandard.com) Easy Credit, Hard Landing The financial insights of Raghuram Rajan. BY Christopher Caldwell July 26, 2010, Vol. 15, No. 42 EXCERPT FROM THIS ARTICLE:   The problem was not so much the amount of collateral people got access to through home-equity loans;  it was that they were not well-enough vetted

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STEVE FORBES ON OBAMA’S SOFT-CORE SOCIALISM

Fact and Comment Fact And Comment 08.09.10, 6:00 PM ET Obama’s Soft-Core Socialism Despite White House goal to undo Reagan’s legacy, our 40th President may have the last laugh as Americans react badly to Obama’s big government bender.A comedian or satirist could not have come up with the recent scenario of Treasury Chief Timothy Geithner

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OBAMA’S ECONOMIC FISH STORIES

JULY 21, 2010 On unemployment, the president claims that the stimulus bill was several times more potent than his chief economic adviser estimates. Such statements hurt his credibility. By MICHAEL J. BOSKIN A president’s most valuable asset—with voters, Congress, allies and enemies—is credibility. So it is unfortunate when extreme exaggeration emanates from the White House.

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