JUNE 22, 2010 The Obama Speech We’re Waiting For Fannie Mae and Freddie Mac need to get the BP treatment. By WILLIAM MCGURN The President: Good evening. As we speak, our nation faces a multitude of challenges. At home, our top priority is to recover and rebuild from a recession. Abroad, our brave men and […]
BREAK UP FANNIE AND FREDDIE Read More »
JUNE 18, 2010 U.S. Debt and the Greece Analogy Don’t be fooled by today’s low interest rates. The government could very quickly discover the limits of its borrowing capacity. By ALAN GREENSPAN An urgency to rein in budget deficits seems to be gaining some traction among American lawmakers. If so, it is none too soon.
ALAN GREENSPAN – CONSEQUENCES OF UNLIMITED GOVERNMENT BORROWING Read More »
BUTLER & HODIN: Debt and the demographics of aging By Dr. Robert N. Butler and Michael W. Hodin Monday, May 24, 2010 Greece’s recent fiscal meltdown wasn’t caused just by carefree government spending. It was an inevitable result of the country’s aging population, which has long been accustomed to extravagant health care and retirement benefits.
DEFUSING THE AGING ENTITLEMENT TIME BOMB Read More »
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 »
JUNE 1, 2010 The Union Pension Bailout A scheme for taxpayers to cover mismanaged multi-employer plans. Feeling tapped out after stimulus, ObamaCare and everything else? Senator Bob Casey has one more deal for you. If the Pennsylvania Democrat gets his way, U.S. taxpayers will also pick up the astonishing tab for poorly managed union pension
BAILING OUT THE UNIONS Read More »
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 »
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 »
Updated: Tue., May. 25, 2010, 12:54 AM Don’t mourn the euro By JOHN BOLTON Last Updated: 12:54 AM, May 25, 2010 Posted: 12:27 AM, May 25, 2010 The chaos in world financial markets over the stability of the euro calmed somewhat late last week. But the con ditions causing the European Union crisis — the
The Euro in Trouble Read More »
Donald Lambro Tuesday, May 25, 2010 WASHINGTON — President Obama is facing a crisis of confidence in the way he is handling (or not handling) the Gulf oil disaster, record deficits and debt, and growing turmoil and doubt in the U.S. economy. As the president approaches a game-changing midterm election when his congressional majority is
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 »
