VIDEO – RICK SANTELLI’S CHICAGO TEA PARTY RANT
VIDEO – RICK SANTELLI’S RANT http://www.youtube.com/watch?v=wcvSjKCU_Zo
VIDEO – RICK SANTELLI’S CHICAGO TEA PARTY RANT Read More »
Economy
THE END OF THE ROAD FOR STIMULATING THE ECONOMY?
JUNE 26, 2010 The Keynesian Dead End Spending our way to prosperity is going out of style. Today’s G-20 meeting has been advertised as a showdown between the U.S. and Europe over more spending “stimulus,” and so it is. But the larger story is the end of the neo-Keynesian economic moment, and perhaps the start
THE END OF THE ROAD FOR STIMULATING THE ECONOMY? Read More »
SMOOT-HAWLEY TARIFF – A BAD IDEA
JUNE 18, 2010 How ‘Protectionist’ Became An Insult As Congress dawdles on trade agreements, the harsh results of the Smoot-Hawley tariff should not be forgotten. By DOUGLAS A. IRWIN Eighty years ago, on June 17, 1930, President Herbert Hoover signed the infamous Smoot-Hawley tariff, significantly raising the duties on imported goods. Hoover and his congressional
SMOOT-HAWLEY TARIFF – A BAD IDEA Read More »
CANADA SUCCESSFUL AT CUTTING THEIR SPENDING AND DEBT
The Weekly Standard O Canada Looking north for economic inspiration. BY Fred Barnes June 7, 2010, Vol. 15, No. 36 Canada was called an “honorary member of the Third World” by the Wall Street Journal in 1995, and for good reason. Out-of-control spending, soaring debt, and the government’s bite of the country’s gross domestic product
CANADA SUCCESSFUL AT CUTTING THEIR SPENDING AND DEBT Read More »
INDIANA FIGHTS CRONY CAPITALISM
JUNE 4, 2010 Hoosiers vs. Crony Capitalism By MITCH DANIELS June 10 will be a silent anniversary, but one worth noting by those alarmed at the past year’s assault on free institutions. It was last June 10 when the federal government tossed aside the option of proven, workable bankruptcy procedures in order to nationalize Chrysler
INDIANA FIGHTS CRONY CAPITALISM Read More »
HIGHER MINIMUM WAGE MEANS MORE LOST JOBS
JUNE 1, 2010 The New Cannery Row Congress wants $18 million to offset the jobs it destroyed in Samoa. Hidden inside the latest Democratic spending bill is an $18 million taxpayer handout to American Samoa. How did that get in there? Read on for another lesson in the uncreative jobs destruction of the minimum wage.
HIGHER MINIMUM WAGE MEANS MORE LOST JOBS Read More »
The Fed’s Low Interest Rates Make Toxic Look Cheap
MAY 28, 2010 The Fed and the May 6 ‘Flash Crash’ By MARK SPITZNAGEL Regulators have been busy searching for the cause of the May 6 “flash crash” when the market dropped by 9.3% and then recovered within minutes. I think it’s a good bet no cause will be found; there is still no consensus
The Fed’s Low Interest Rates Make Toxic Look Cheap Read More »
New York’s Financial Crisis
MAY 27, 2010 New York Is Almost Out of Cash By BETSY MCCAUGHEY Guess how long it is before the state of New York runs out of cash? Less than a week, according to the state’s comptroller. On June 1, New York is due to send $3.8 billion in aid to local school districts, including
New York’s Financial Crisis Read More »
North Carolina’s Fiscal Tsunami
Brian Balfour | May 10, 2010 North Carolina’s dire fiscal condition will once again take center stage this spring as state lawmakers return to Raleigh to craft a budget for the coming 2010-11 fiscal year. North Carolina’s financial woes, however, run much deeper than the daunting shortfall in next year’s budget. While lawmakers will blame
North Carolina’s Fiscal Tsunami Read More »
Financial Regulatory Bill – Where Were the Republicans?
MAY 21, 2010 Republicans And Obama’s New Deal By PETER J. WALLISON In the rapturous days after Barack Obama’s victory and the Democratic congressional sweep that accompanied it, House Financial Services Committee Chairman Barney Frank declared that the new Congress would enact a “new New Deal.” Few people really thought at the time that he
Financial Regulatory Bill – Where Were the Republicans? Read More »