NOVEMBER 26, 2011 New Strains Hit Euro, Global Markets Common Currency Falls After Italy’s Borrowing Costs Soar; Coming Week Poses Key Test of Sentiment By STACY MEICHTRY and JONATHAN CHENG ROME—Uncertainty in financial markets deepened as Italy’s borrowing costs soared to euro-era highs and Prime Minister Mario Monti said European leaders understood an Italian collapse […]
NOVEMBER 4, 2011 Inflation hits lower-income people especially hard. So why is the president ignoring rising food prices? By GEORGE MELLOAN Barack Obama spends much of his time these days running for re-election, campaigning as a populist, bashing millionaires and extolling the Occupy Wall Street movement. Although “populist” means different things to different people, the
OBAMA’S PERPLEXING POPULISM – STAGFLATION ON THE HORIZON? Read More »
NOVEMBER 1, 2011 After World War II, the U.S. promoted international economic growth through reliance on the market and the incentives it provides. Times have changed. By JOHN B. TAYLOR When President Obama meets with his counterparts from other G-20 countries in Cannes later this week, American economic leadership will, unfortunately, largely be absent. At
A SLOW-GROWTH AMERICA CAN’T LEAD THE WORLD Read More »
Published on The Weekly Standard (http://www.weeklystandard.com) The global debt apocalypse approaches. David M. Smick October 31, 2011, Vol. 17, No. 07 On the issue of public debt, Washington is experiencing what psychologists call “learned helplessness.” The financial news is so relentlessly terrible that people have become numb to it and assume nothing can be done
LOSING THE ECONOMIC BATTLE Read More »
NATIONAL REVIEW ONLINE www.nationalreview.com Victor Davis Hanson September 14, 2011 4:00 A.M. When Obama stands up to speak, he faces a collective “Been there, done that.” Ex-president George W. Bush with accustomed candor once shrugged after the end of his eight-year presidency, “People were kind of tired of me.” That ennui happens eventually
VICTOR DAVIS HANSON – OBAMA’S QUIVER IS EMPTY Read More »
REAL CLEAR POLITICS September 3, 2011 By Larry Kudlow No sooner had President Barack Obama shocked the political world with a gloomy economic forecast — projecting 9.1 percent unemployment for this year and a re-election-killing 9 percent for 2012 — than the dismal August jobs report arrived showing no gain in non-farm payrolls. That’s right,
OBAMA’S ECONOMIC POLICIES HAVE FAILED Read More »
AUGUST 26, 2011 How is increasing the price of imported oil and industrial commodities supposed to make U.S. industry more competitive? By ALAN REYNOLDS One year ago, on Aug. 27, 2010, Federal Reserve Chairman Ben Bernanke explained the rationale for a second round of quantitative easing. “A first option for providing additional monetary accommodation is
THE FED VS THE RECOVERY Read More »
AUGUST 26, 2011 One program for recovery worked, and the other hasn’t. By STEPHEN MOORE If you really want to light the fuse of a liberal Democrat, compare Barack Obama’s economic performance after 30 months in office with that of Ronald Reagan. It’s not at all flattering for Mr. Obama. The two presidents have a
OBAMANOMICS VS REAGANOMICS Read More »
Published on FINANCIAL SENSE (http://www.financialsense.com) By James Quinn Created 15 Aug 2011 The utter failure of QE2, hollow Congressional spending “cuts” that will keep the National Debt on track towards $23 trillion by 2021, S&P downgrade and recent plunge in the stock market are the first cracks in the façade of the great American Empire.
BERNANKE IMPOVERISHING GRANDMOTHERS TO BENEFIT WALL STREET BANKERS Read More »
washington post By Zachary A. Goldfarb, Updated: Monday, August 15, 10:25 PM President Obama has directed a small team of advisers to develop a proposal that would keep the government playing a major role in the nation’s mortgage market, extending a federal loan subsidy for most home buyers, according to people familiar with the matter. The decision
ON MORTGAGE RATES, OBAMA WANTS PROPOSAL FOR HOW GOVERNMENT CAN KEEP BIG ROLE Read More »
