Economy

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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VIDEO – STEVE WYNN’S CNBC INTERVIEW RE WASHINGTON

What’s amazing is that CNBC  actually aired this—CNBC, one of the WH’s favorite propaganda machines! It was not even 2 hours after Steve Wynn’s interview that he received a invitation from the tenant at 1600 Pennsylvania Avenue, Washington, DC wanting him to explain in person why he said what he said!  Below is a short interview

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PAUL RYAN’S ROADMAP FOR AMERICA’S FUTURE

Published on The Weekly Standard (http://www.weeklystandard.com) Think Big Republicans should embrace Paul Ryan’s Road Map. BY Fred Barnes July 19, 2010, Vol. 15, No. 41 EXCERPT FROM THIS ARTICLE:   As ranking Republican on the House Budget Committee, Ryan was able to get the Congressional Budget Office (CBO) to run the numbers in his plan.  CBO

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DODD-FRANK FINANCIAL REFORM BILL

JULY 16, 2010 The Uncertainty Principle—II Only 30 times more complicated than Sarbanes-Oxley. The Dodd-Frank financial reform bill passed by the Senate yesterday promises to generate historic levels of red tape. But apparently the 2,300 pages are so complicated that a debate has broken out over precisely how many new regulatory rule-makings it will require.

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