Spending

MASSACHUSETTS SENATE RACE – SCOTT BROWN VS ELIZABETH WARREN?

NOVEMBER 14, 2011 Massachusetts on Front Line of 2012 Senate Battlegrounds By JENNIFER LEVITZ WSJ’s Jennifer Levitz details the U.S. Senate race in Massachusetts that pits incumbent Republican Scott Brown against likely Democratic challenger Elizabeth Warren. AP Photo of Elizabeth Warren by Josh Reynolds. LOWELL, Mass.—A battle here between Republican Sen. Scott Brown and likely

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CRONY CAPITALISM, CHICAGO-STYLE

NOVEMBER 15, 2011 The new economy: Tax hikes for all, tax relief for the well-connected, campaign contributions for the politicians. By WILLIAM MCGURN New York gave us banks too big to fail. Washington bequeathed us Fannie Mae and Freddie Mac. Still, when it comes to crony capitalism, no one quite matches Chicago. Soon the Illinois

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WHERE KEYNES WENT WRONG

Published on The Weekly Standard (http://www.weeklystandard.com) What if government spending depresses instead of stimulates? Charles Wolf Jr. November 7, 2011, Vol. 17, No. 08 EXCERPT FROM THIS ARTICLE:  Keynes assumed that the initial deficient level of aggregate demand would remain unchanged until the stimulative (“pump-priming”) effect of additional government spending kicked in. In other words,

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EUROPE’S ENTITLEMENT RECKONING

NOVEMBER 10, 2011 From Greece to Italy to France, the welfare state is in crisis. In the European economic crisis, all roads lead through Rome. The markets have raised the price of financing Italy’s mammoth debt to new highs, and on Tuesday Silvio Berlusconi became the second euro-zone prime minister, after Greece’s George Papandreou, to

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BOOK REVIEW – BILL CLINTON’S ‘BACK TO WORK’ – CLINTON TRIES TO REWRITE HISTORY

NOVEMBER 8, 2011 Like the ’90s Never Happened A former New Democrat known for his centrist economic policies, Bill Clinton now favors vast new government spending and higher taxes. By STEPHEN MOORE Bill Clinton ascended to the White House as a New Democrat, wisely repudiating what had been a quarter-century of big-government liberalism and embracing

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THE CORPORATE WELFARE STATE

NOVEMBER 8, 2011 A cause to unite the tea party and the Occupy Wall Street crowd. The Occupy Wall Street protesters aren’t good at articulating what they want, but one of their demands is “end corporate welfare.” Well, welcome aboard. Some of us have been fighting crony capitalism for decades, and it’s good to have

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