Financial Meltdown

BEYOND THE WELFARE STATE

FROM ISSUE NUMBER 7 ~ SPRING 2011 Beyond the Welfare State YUVAL LEVIN EXCERPT FROM  THIS ARTICLE: But what seemed like the long-awaited triumph of the liberal agenda in America may actually prove to be its unraveling. When historians consider it in retrospect, the economic crisis of 2008 might well be seen as having marked […]

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BERNANKE PLAYS DOWN INFLATION FEARS DURING MARCH 15 FED MEETING DEBATE

APRIL 5, 2011, 3:03 P.M. ET Fed Minutes Show Inflation Debate By JEFFREY SPARSHOTT And JEFF BATER Federal Reserve officials judged that the U.S. economy was gaining traction when they met three weeks ago, but highlighted the potential negative impact of rapidly rising commodity prices on inflation expectations, consumer spending and business investment. “A significant

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THE GOP PATH TO PROSPERITY

APRIL 5, 2011 The GOP Path to Prosperity Our budget cuts $6.2 trillion in spending from the president’s budget over the next 10 years and puts the nation on track to pay off our national debt. By PAUL D. RYAN Congress is currently embroiled in a funding fight over how much to spend on less

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ARE WE READY FOR A FINANCIAL CYBER ATTACK?

MARCH 31, 2011 An assault on Estonia in 2007 disrupted banking and other services for over a week. By WARREN GETLER Last week, the European Union revealed that its headquarters had come under a major cyber attack, likely state-sponsored, on the eve of the EU summit. Earlier this month, the French announced that they had

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MARCO RUBIO – WHY I WON’T VOTE TO RAISE THE DEBT LIMIT

MARCH 30, 2011 Everyone in Washington knows how to cut spending. The time to start is now. By MARCO RUBIO Americans have built the single greatest nation in all of human history. But America’s exceptionalism was not preordained. Every generation has had to confront and solve serious challenges and, because they did, each has left

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THE INCREDIBLE MS. WARREN CLAIMS TO BE “MOST ACCOUNTABLE”

MARCH 26, 2011 The Incredible Ms. Warren The White House aide does a weak-little-regulator routine. The unofficial czar of the new Consumer Financial Protection Bureau, Elizabeth Warren, told Congress last week that her organization is “the most constrained and the most accountable agency in government,” and then repeated similar claims on CNBC Tuesday. If nothing

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DODD-FRANK’S THREAT TO FINANCIAL STABILITY

MARCH 25, 2011 The identification of firms as too big to fail is a mad policy that will confer unfair marketplace advantages and put taxpayers on the hook for future bailouts. With the comment period now closed on its proposed rule, the Financial Stability Oversight Council (FSOC) is getting ready to outline the terms for

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FINANCIAL TERRORISM SUSPECTED IN 2008 ECONOMIC CRASH

WASHINGTON TIMES Pentagon study sees element By Bill Gertz– The Washington Times     February 28, 2011 Evidence outlined in a Pentagon contractor report suggests that financial subversion carried out by unknown parties, such as terrorists or hostile nations, contributed to the 2008 economic crash by covertly using vulnerabilities in the U.S. financial system. The unclassified 2009

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