Wall Street

BUBBLES BUBBLES EVERYWHERE – VICTOR DAVIS HANSON

February 4, 2011 Bubbles, Bubbles Everywhere By Victor Davis Hanson The 2008 financial crash originated with a housing bubble. Not long ago, the cheap money policies of the Federal Reserve, the infusion of trillions of dollars in new foreign investment, and the misguided policies of Freddie Mac and Fannie Mae all conspired to extend to […]

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THE GREEDY BASTARDS PARADOX

January 31, 2011 The Greedy Bastards Paradox Bogie If we accept President Obama’s economic arguments, his State of the Union address was most remarkable in the aftermath, when nothing happened. For the sake of argument, let’s agree with the President that the winning ticket of the global economic lottery will be investment in renewable energy,

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WHAT CAUSED THE FINANCIAL CRISIS?

JANUARY 27, 2011 Congress’s inquiry commission is offering a simplistic narrative that could lead to the wrong policy reforms. By BILL THOMAS,KEITH HENNESSEY AND DOUGLAS HOLTZ-EAKIN Today, six members of the Financial Crisis Inquiry Commission—created by the last Congress to investigate the causes of the financial crisis—are releasing their final report. Although the three of

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OBAMA’S ‘INVESTMENT’ CHARADE

WALL STREET JOURNAL JANUARY 27, 2011 Milton Friedman warned that government spending cancels out higher-return private investment. By STEPHEN MOORE Words matter in politics, which is why the federal government no longer “spends” (and wastes) money, but rather “invests” it. According to Barack Obama’s State of the Union address, nearly every penny of the $2.5

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BOOK REVIEW – THE NEXT DECADE

THE NEXT DECADE    by George Friedman Published:   January 2011 Synopsis The author of the acclaimed New York Times bestseller The Next 100 Years now focuses his geopolitical forecasting acumen on the next decade and the imminent events and challenges that will test America and the world, specifically addressing the skills that will be required

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A WORLD IN CRISIS

Published on The Weekly Standard (http://www.weeklystandard.com) A World in Crisis What the thirties tell us about today. Matthew Continetti January 3 – January 10, 2011, Vol. 16, No. 16 On December 13, 1931, there was a traffic accident in New York City. A man exited a cab on the Upper East Side and was crossing

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PRICES SOAR ON CROP WOES

JANUARY 13, 2011 U.S. Cuts Global Grain Supply Outlook; Higher Prices Expected at Grocery Stores By SCOTT KILMAN And LIAM PLEVEN Evidence of tightening global food supplies grew as the U.S. Agriculture Department cut its estimates for global harvests of key crops and raised some demand forecasts, adding to worries about rising food prices. Prices

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FACEBOOK – HOW WASHINGTON DEFRIENDED INVESTORS

JANUARY 10, 2011 By making it harder for companies to go public, Congress and regulators tilt the playing field in favor of the wealthy and well-connected. By L. GORDON CROVITZ Facebook raised $500 million last week, but the only people who could invest were the wealthiest private clients of Goldman Sachs. Instead of offering shares

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DALEY – THE CHICAGO WAY

CHICAGO TRIBUNE Chief of staff pick just another cog in the Daley machine By John Kass      January 7, 2011 As President Barack Obama knighted Chicago’s William Daley as his new chief of staff — and kept the Daley machine in control of the executive branch of our federal government — I couldn’t help thinking of

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AMERICA – THE RULING CLASS VERSUS THE COUNTRY CLASS

THE AMERICAN SPECATOR The Largest Selection of Liberal-baiting Merchandise on the Net! Feature America’s Ruling Class — And the Perils of Revolution By Angelo M. Codevilla from the July 2010 – August 2010 issue As over-leveraged investment houses began to fail in September 2008, the leaders of the Republican and Democratic parties, of major corporations,

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