AUGUST 6, 2011 ‘He becomes visibly agitated. . . . He does not like to be challenged on policy grounds,’ says the House majority leader of the president. By JOSEPH RAGO New York Whatever the rhetoric that preceded this week’s deal, the debt-ceiling debate was never really about the debt at all. It was about […]
OBAMA AND THE NARCISSISM OF BIG DIFFERENCES Read More »
Published on The Weekly Standard (http://www.weeklystandard.com) Guilty Men The political origins of the meltdown. Christopher Caldwell July 25, 2011, Vol. 16, No. 42 Reckless Endangerment How Outsized Ambition, Greed, and Corruption Led to Economic Armageddon by Gretchen Morgenson & Joshua Rosner Times Books, 352 pp., $30 To have served as the intellectual architect of the
BOOK REVIEW – RECKLESS ENDANGERMENT Read More »
This is the article that John McCain was quoting from today on the Senate floor. JULY 27, 2011 The GOP’s Reality Test Republicans who oppose Boehner’s debt deal are playing into Obama’s hands. EXCERPT FROM THIS ARTICLE: But what none of these critics have is an alternative strategy for achieving anything nearly as fiscally or
MCCAIN – TEA PARTY HOBBITS RETURNING TO MIDDLE EARTH Read More »
MEMBERS OF CONGRESS – INCREASE IN NET WORTH
VIDEO – GOVERNMENT GONE WILD Read More »
July 24, 2011 The Beltway Industry Full-Time Employment Act By Michelle Malkin 7/22/2011 Dodd-Frank, the 2,300-page financial “reform” monstrosity spearheaded by Capitol Hill corruptocrats, turned 1 this week. It made too-big banks bigger. It made too-risky incentives riskier. It made a lousy economy lousier. Billed as a “consumer protection” act, Dodd-Frank has succeeded phenomenally —
MICHELLE MALKIN – THE DODD-FRANK FINANCIAL REFORM MONSTROSITY Read More »
JULY 20, 2011 Richard Cordray is a junior achievement Elizabeth Warren. In the small favors department, President Obama did not nominate banking scourge Elizabeth Warren to run the new Consumer Financial Protection Bureau. Instead on Monday he nominated one of her protégés, former Ohio Attorney General Richard Cordray, whose career sounds like Mrs. Warren without
POLITICIZING CONSUMER PROTECTION Read More »
July 12, 2011 Unknown Unknowns By Thomas Sowell When Donald Rumsfeld was Secretary of Defense, he coined some phrases about knowledge that apply far beyond military matters. Secretary Rumsfeld pointed out that there are some things that we know that we know. He called those “known knowns.” We may, for example, know how many aircraft
THOMAS SOWELL – THE UNKNOWN UNKNOWNS THAT ARE KILLING OUR ECONOMY Read More »
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
CREDIT DEFAULT SWAPS STILL BEING TRADED Read More »
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
DURBIN, TESTER, LOBBYISTS, AND THE DODD-FRANK CORRUPTION MACHINE Read More »
JUNE 6, 2011 By JOHN W. MILLER Getty ImagesLi Shufu, chairman of China’s Geely, which bought Volvo cars from Ford, seen at Tiananmen Square in March. EXCERPT FROM THIS ARTICLE: Experts are predicting a surge of overseas takeovers by Chinese companies over the next decade. A five-year plan Beijing approved in March calls for establishing
CHINESE COMPANIES EMBARK ON SHOPPING SPREE IN EUROPE Read More »
