JULY 8, 2010 Obama and the Spending Volcano An eruption of public spending from Mount Obama has caused deep anxieties among the voters in America’s villages. By DANIEL HENNINGER The Democrats in Washington are beginning to look like a tribe of volcano worshipers, living in the ever-present shadow of Mount Obama, which has been spewing […]
SPENDING HAS PRODUCED ANXIETY IN THE AMERICAN ELECTORATE Read More »
The Elite Turn Against Obama by Lloyd Grove July 7, 2010 | 6:46am Niall Ferguson at the 2010 Aspen Ideas Festival on July 6th. (Photo: Daniel Bayer / Aspen Ideas Festival) Even the Aspen Ideas Festival, an annual gathering of the country’s brightest lights, isn’t Obama country anymore. Lloyd Grove on the president’s waning support
THE ELITE TURN AGAINST OBAMA Read More »
JULY 7, 2010 Keynes vs. Hayek: The Great Debate Continues Newly discovered letters from two great economists shed light on today’s discussion of economic ‘stimulus.’ By GERALD P. O’DRISCOLL JR. The debates raging over what policies will pull the U.S. economy out of its Great Recession replicate one that occurred during the Great Depression. Thanks
SHEDDING LIGHT ON ECONOMIC “STIMULUS” Read More »
JULY 6, 2010 Hard Knocks From Easy Money The Federal Reserve is feeding big government and harming middle-class savers. By GEORGE MELLOAN A Federal Reserve fully attuned to the easy money demands of the Democrats and megabanks clearly has no plan to lift interest rates from their near-zero level. The rationale is: “Why should we?
THE FEDERAL RESERVE IS FEEDING BIG GOVERNMENT AND HARMING MIDDLE-CLASS SAVERS Read More »
An interview of Governor Chris Christie by Wall Street Journal’s Paul Gigot http://online.wsj.com/video/opinion-journal-chris-christie-veto/761F7750-2032-400B-B085-43F0BB1D7EAF.html
VIDEO INTERVIEW – GOVERNOR CHRIS CHRISTIE Read More »
JULY 2, 2010 How some Republicans are preparing to walk right into it. “‘Next year when I start presenting some very difficult choices to the country, I hope some of these folks who are hollering about deficits step up. Because I’m calling their bluff.” That was President Barack Obama, the heretofore unknown deficit hawk, all
THE OBAMA TAX TRAP Read More »
WALL STREET JOURNAL By ALLAN H. MELTZER June 30, 2010 The administration’s stimulus program has failed. Growth is slow and unemployment remains high. The president, his friends and advisers talk endlessly about the circumstances they inherited as a way of avoiding responsibility for the 18 months for which they are responsible. But they want new
WHY OBAMANOMICS HAS FAILED Read More »
JUNE 25, 2010 Business’s Buyer’s Remorse For cooperating with the White House, member companies of the Business Roundtable gets socked with higher taxes and more regulations. By KIMBERLEY A. STRASSEL To listen to President Barack Obama, corporate America is a juggernaut, a force of calculating capitalists who ceaselessly plot against his national reforms. To listen
OBAMA AND BIG BUSINESS Read More »
JUNE 28, 2010 Why Friedrich Hayek Is Making a Comeback With the failure of Keynesian stimulus, the late Austrian economist’s ideas on state power and crony capitalism are getting a new hearing. By RUSS ROBERTS He was born in the 19th century, wrote his most influential book more than 65 years ago, and he’s not
FINAL NAIL IN THE COFFIN OF KEYNESIAN THEORY? Read More »
JUNE 28, 2010 Triumph of the Regulators The Dodd-Frank financial reform bill doubles down on the same system that failed. President Obama hailed the financial bill that House-Senate negotiators finally vouchsafed at 5:40 a.m. Friday, and no wonder. The bill represents the triumph of the very regulators and Congressmen who did so much to foment
DODD-FRANK WRITE THE RULES FOR FINANCIAL REFORM Read More »
