Financial Meltdown

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

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The U.S. Dollar – Currency of Last Resort

MAY 11, 2010 The World’s Dollar Drug By ZACHARY KARABELL Excerpt from the article:   “The U.S. government uses its dollars-and the ability to print them and borrow them-poorly.   Large amounts of debt fund consumption of goods and health care.   While today’s needs are important, without sufficient investment those dollars will dissipate.  You’d lend  someone money

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Creating Jobs Becomes Even More Important

MAY 17, 2010 The Small Business Credit Crunch By MEREDITH WHITNEY The next several weeks will be critically important for politicians, regulators and the larger U.S. economy. First, over the next week Capitol Hill will decide on potentially game-changing regulatory reform that could result in the unintended consequences of restricting credit and further damaging small

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George Will – Beware of Those Receiving Gifts

Published Thu, May 13, 2010 02:00 AM Modified Thu, May 13, 2010 06:51 AM A dab of Grecian formula George Will WASHINGTON To understand the pertinence to America of events in Greece, notice General Motors’ most recent misbehavior. A television commercial featuring CEO Ed Whitacre demonstrates the institutional murkiness and intellectual dishonesty that result when

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Washington’s Financial Fascists

Washington Times Wednesday, April 28, 2010 RAHN: Financial fascism Richard W. Rahn The “Dodd financial reform” bill being considered by the Senate will make it illegal for 99.6 percent of the population to invest in needed new and promising start-up companies while at the same time ensuring that the 33 largest banks, which control 92

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Where is the ACLU When You Need Them?

CNSNews.com Sen. Shelby: Financial Reform Violates Privacy Friday, May 07, 2010 By Matt Cover, Staff Writer Sen. Richard Shelby (R-Ala.), senior Republican on the Senate Banking Committee (CNSNews.com) – Sen. Richard Shelby (R-Ala.), senior Republican on the Senate Banking Committee, said that provisions in the new financial regulatory bill violate privacy rights by allowing the

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