VIDEO – DEBT CEILING DEBATE – RICK SANTELLI
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Financial Meltdown
REGULATING THE NATION INTO A DEPRESSION
June 15, 2011 “Brother, Can You Spare a Regulation?” By Tony Blankley Last week, in a much-discussed, open, live, televised forum, Jamie Dimon, the CEO of JPMorgan Chase, asked Federal Reserve Chairman Ben Bernanke the $64 trillion question. While most commentators focused on the apt question, it was Bernanke’s answer that shocked me when I
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THE ROOTS OF THE HOUSING CALAMITY – GEORGE WILL
Burning down the house By George F. Will, Published: July 1 “The louder he talked of his honor, the faster we counted our spoons.” — Emerson The louder they talked about the disadvantaged, the more money they made. And the more the financial system tottered. Who were they? Most explanations of the financial calamity have been
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THE OBAMA ECONOMY
Published on The Weekly Standard (http://www.weeklystandard.com) Fred Barnes June 13, 2011, Vol. 16, No. 37 The Obama administration is 0-for-3 in meeting economic expectations. In 2009, President Obama and his advisers believed the bountiful stimulus package would give the economy a strong jolt. It didn’t, and still hasn’t. In 2010, Obama declared Recovery Summer and
EUROPE’S GREEK STRESS TEST
JUNE 17, 2011 The longer banks hold rotten paper, the likelier a second financial crisis becomes. By John H. Cochrane And Anil Kashyap Greek debt is in trouble—again. After a month of dickering, it seems likely that the International Monetary Fund and the European Union will agree to roll over Greece’s debt so bondholders will
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CREDIT DEFAULT SWAPS STILL BEING TRADED
THE ROCHE RECORD by Frank Roche June 12, 2011 CREDIT DEFAULT SWAPS STILL BEING TRADED The Credit Default Swap (CDS): an insurance product to protect an investor in corporate or government bonds from default by the issuer of the bonds. Buyers of CDS get the protection, and the seller of the swap takes on the
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DURBIN, TESTER, LOBBYISTS, AND THE DODD-FRANK CORRUPTION MACHINE
Published on Washington Examiner (http://washingtonexaminer.com) By Timothy P. Carney Jun 14 2011 – If your goal were to foster more political cronyism, reward lobbyists, entrench incumbents, enrich the politically connected, and get the revolving door spinning faster, you would have a hard time crafting a more useful piece of legislation than the Dodd-Frank financial regulation
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AN INTERVIEW WITH MICHELE BACHMANN
JUNE 11, 2011 ‘On the Beach, I Bring von Mises’ The tea party favorite on her start in politics, where she learned her economics, and why she disagrees with Reagan on the War Powers Resolution. By STEPHEN MOORE “If I’m in, I’ll be all in,” says Rep. Michele Bachmann of Minnesota, artfully dodging my question
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EUROPE IS WARNING US – VICTOR DAVIS HANSON
INVESTORS’ BUSINESS DAILY June 9, 2011 Europe Is Warning Us By Victor Davis Hanson ROME — If Americans think fuel and food prices are high, they should try Europe, where both can nearly double those in the United States — while salaries here are often lower. Italians, like most now-broke Southern European countries, are desperate
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THE REAL COST OF THE AUTO BAILOUTS
JUNE 6, 2011 The government’s unnecessary disruption of the bankruptcy laws will do long-term damage to the economy. By DAVID SKEEL President Obama’s visit to a Chrysler plant in Toledo, Ohio, on Friday was the culmination of a campaign to portray the auto bailouts as a brilliant success with no unpleasant side effects. “The industry
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