Geithner’s Flawed, but not Larcenous, Bailout Plan
Commenting on Treasury Secretary Timothy Geithner’s latest bank bailout plan, Nobel Prize-winning economist Joseph Stiglitz told Reuters: Quite frankly, this amounts to robbery of the… Read More
Commenting on Treasury Secretary Timothy Geithner’s latest bank bailout plan, Nobel Prize-winning economist Joseph Stiglitz told Reuters: Quite frankly, this amounts to robbery of the… Read More
Today, the New York Times published the resignation letter of Jake DeSantis, an executive vice president of the American International Group’s financial products unit. In… Read More
Great observation by Michael Barone on Treasury Secretary Timothy Geithner’s latest bank bailout plan: Democrats like Barack Obama and Barney Frank, at least on the… Read More
“We are the United States of America, we are not Sweden.” U.S. Treasury Secretary Timothy Geithner, March 23, 2009. “The Swedish state is not prepared… Read More
Via Greg Mankiw, Bentley University professor Scott Sumner writes on efficient-markets hypothesis (EMH): So the anti-EMH argument for regulation must be based on the following:… Read More
After over a year of the Bush-Obama Bailout Parade, there were some encouraging statements coming from the Senate last week. Sen. Jim Inhofe (R-OK): Should… Read More
In February, groups representing the auto parts suppliers asked for a $25.5 billion bailout from the Treasury. Yesterday, the Treasury announced parts suppliers will receive… Read More
[youtube]http://www.youtube.com/watch?v=1GoK0539Gl4[/youtube]As Congress builds its target list with any wage earner who makes over $250,000 and is even slightly tied to a company recieving TARP funds,… Read More
That’s a bit of an exaggeration. No serious person can deny the importance of the global financial crisis. We can only hope that the U.S…. Read More
What does creating an “enduring legacy for America’s wild places,” have to do with denying employees the right to vote by secret ballot during a… Read More
When you do a Google news search for “TARP” there is a common theme throughout the results: more and more banks want to repay the… Read More
The House votes today on legislation which would dramatically increase federal involvement in the realm of volunteerism, continuing the trend toward an America in which… Read More
The Washington Post reports: The Service Employees International Union, considered the most influential union in the nation, has notified the union that represents about 220… Read More
“Since when is the secret ballot a basic tenet of democracy?” – James Phillip Hoffa, March 10, 2009. Before ramming the Employee Free Choice Act… Read More
As President Obama and Congress are starting to learn, it isn’t easy running American businesses from Washington. This week AIG threw bonuses in the faces… Read More
Bonuses for AIG employees? News this weekend that troubled insurer AIG, after receiving over $170 billion in taxpayer funds to prop itself up, is planning… Read More
Former Labor Secretary Elaine Chao weighs in on the two major provisions of the “Employee Free Choice Act” at the Wall Street Journal: One of… Read More
Democracy itself is under attack from union bosses. Teamsters President Jim Hoffa issued a press release Wednesday saying, “Since when is the secret ballot a… Read More
Words can’t describe what occurred at yesterday’s hearing of the Senate Committee on Health, Education, Labor and Pensions. After encouraging the audience to applaud his… Read More
Unions Rally against Democratic Elections Card Check: The Employee Free Choice Act (EFCA) would replace secret ballot organizing elections with publicly signed union cards, allowing… Read More
Warren Buffet is a known supporter of the Death Tax, a long-time Democrat, was an unofficial adviser on economic policy to President Obama during the… Read More
The late night comedy shows are beginning to notice that President Barack Obama loves raising taxes. Check out this David Letterman clip from earlier this… Read More
The recently enforced Consumer Products Safety Improvement Act created many unintended consequences for toy manufacturers and oddly enough, even for your local library, but most… Read More
Is President Obama’s economic policy preventing the economy from recovering? The Wall Street Journal thinks so. Tuesday’s editorial notes, After five weeks in office, it’s… Read More
The left has developed a firm and frightening pattern of how it deals with critics of President Barack Obama. Mere hours after Joe the Plumber… Read More
How much government meddling will our nation’s banks put up with before they start rejecting the federal government’s TARP funds? Looks like we’re starting to… Read More
7th Circuit U.S. Court of Appeals judge Richard Posner and Nobel Laureate Gary Becker weigh in on President Barack Obama’s mortgage bailout plan on their… Read More
Here is a quote from the President’s new budget (emphasis added): “If we lead the world in the research and development of clean energy technology,… Read More
As conventional wisdom reminds us: You are known by the company you keep. So what is one to make of the AFL-CIO and Jobs with… Read More
While many aspects of the Obama budget are questionable and just plain wrong, they recognize the need for more Americans to be able to save… Read More
