OCTOBER 28, 2011 Concern over future tax rates is one of the main reasons for reduced investor confidence. By ALLAN H. MELTZER Those who heaped high praise on Keynesian policies have grown silent as government spending has failed to bring an economic recovery. Except for a few diehards who want still more government spending, and […]
FOUR REASONS KEYNESIANS KEEP GETTING IT WRONG Read More »
OCTOBER 13, 2011 This candidate will have to be pushed a lot harder to make him a good president. By DANIEL HENNINGER Watching Rick Perry in the Republican debate at Dartmouth say that the answer to every aspect of economic revival is to “get our energy industry back to work,” and watching Herman Cain say
THE UNSINKABLE MITT ROMNEY Read More »
The American Spectator By Peter Ferrara on 10.5.11 As previewed at the last debate, he’s delivered a product “far bolder, far deeper, far more profound” than 1994’s Contract, not to mention 1980’s. Last week, Newt Gingrich released his 21st Century Contract with America, composed of 10 specific legislative proposals he would enact if elected President. In
NEWT’S NEW CONTRACT Read More »
SEPTEMBER 21, 2011 Barney Frank’s Fed Packing Plan A proposal to punish the hard-money regional bank presidents. Among Washington’s modern ironies is that liberals think a Federal Reserve that is increasingly a creature of the White House and Congress has too much independence. So along comes Barney Frank with a plan to make the central
BARNEY FRANK’S PLAN TO PUNISH THE SOUND MONEY FED REGIONAL PRESIDENTS Read More »
SEPTEMBER 21, 2011, 10:12 A.M. ET The Fed ‘Twist’ That Won’t Dance Bond-buying creates an obvious conflict of interest because the Fed’s portfolio loses value if it raises interest rates. By DAVID MALPASS EXCERPT FROM THIS ARTICLE: The Fed will get attaboys from markets if it buys more bonds. The bond market loves a whale,
BOND BUYING BY THE FEDS – THE ‘TWIST’ Read More »
SEPTEMBER 15, 2011 It is inherently American to work, to risk and to dream. Our government’s policies should encourage that. By HERMAN CAINMr. Cain, a Republican, is running for president of the United States. He is a former chairman and CEO of Godfather’s Pizza and a former chairman of the board of directors to the
HERMAN CAIN – MY PLAN TO REVIVE ECONOMIC GROWTH Read More »
THE NEW YORK TIMES August 27, 2011 The Rescue That Missed Main Street By GRETCHEN MORGENSON FOR the last three years we have been told repeatedly by government officials that funneling hundreds of billions of dollars to large and teetering banks during the credit crisis was necessary to save the financial system, and beneficial to
THE FED BAILS OUT LARGE GLOBAL FINANCIAL INSTITUTIONS Read More »
AUGUST 26, 2011 How is increasing the price of imported oil and industrial commodities supposed to make U.S. industry more competitive? By ALAN REYNOLDS One year ago, on Aug. 27, 2010, Federal Reserve Chairman Ben Bernanke explained the rationale for a second round of quantitative easing. “A first option for providing additional monetary accommodation is
THE FED VS THE RECOVERY Read More »
FOX NEWS segment in 2008 – Chuck Schumer and Barney Frank block Fannie and Freddie reform
Published on FINANCIAL SENSE (http://www.financialsense.com) By James Quinn Created 15 Aug 2011 The utter failure of QE2, hollow Congressional spending “cuts” that will keep the National Debt on track towards $23 trillion by 2021, S&P downgrade and recent plunge in the stock market are the first cracks in the façade of the great American Empire.
BERNANKE IMPOVERISHING GRANDMOTHERS TO BENEFIT WALL STREET BANKERS Read More »
