North Carolina Federation of Republican Women – Legislative Report Brenda T. Formo nc.eagle.eye@live.com July 16, 2010 More Big-Government Control Dodd-Frank Wall Street Reform and Consumer Protection Act (over 2000 pages) Thursday, July 15 the Senate voted 60 to 39 to pass the Dodd-Frank Act. The Democrats needed three Republican votes to get the 60 votes […]
DODD-FRANK FINANCIAL REFORM – MORE BIG GOVERNMENT CONTROL Read More »
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.
DODD-FRANK FINANCIAL REFORM BILL Read More »
JULY 16, 2010 The Yo-Yo Market and You The stock market will suffer dizzy spells until the fog of monetary policy uncertainty is lifted. By ANDY KESSLER Bull markets, it is said, climb a wall of worry. Smart investors buy in early when worries about profits or inflation or wars scare away the faint of
MAKING SENSE OUT OF A VOLATILE MARKET Read More »
JULY 13, 2010 FDR, Obama and ‘Confidence’ Demonizing business deepened the Great Depression. The White House can learn from Roosevelt’s mistakes. By AMITY SHLAES What is confidence and why is it missing? The concept seems to be driving Treasury Secretary Timothy Geithner crazy this summer. You can hear that when you listen to him talk
FDR – HARD LESSONS FROM THE PAST 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 »
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 26, 2010 Canada: Land of the Free At the G-20 summit in Toronto this weekend it will lead the charge against new bank taxes and for spending restraint. Who says our neighbor is boring? By MARY ANASTASIA O’GRADY When Canada hosts a meeting of the G-20 in Toronto today it will offer no apologies
HOW CANADA AVOIDED THE BANKING CRISIS 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 »
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 »
