For those who think that Bush is responsible for this in Iraq: Think again. In fact, guys like Carney make the Bush administration look farsighted.
Perhaps I have seen too many movies where organized crime syndicates grow in sophistication, and eventually into rival sovereign governments. In the movies, the only thing they are missing is a nuclear warhead or a way to deliver a nuclear warhead. Or they have such a weapon, and demand a ransom.
Imagine how weird it would be if the Cato Institute and Americans for Tax Reform praised Barack Obama for fiscal responsibility. And think how inconceivable it would be for the Heritage Foundation and the National Taxpayers Union to applaud Tim “Turbotax” Geithner for economic stewardship.
The Obama Administration has a lot of support for its foreign policy in the Middle East… Among dictators, terrorists and Jihadists. Say what you want about George Bush – but it’s pretty tough to argue that we’re in a better place diplomatically after 1 ½ terms of Obama.
We are barreling toward the end of the June quarter, and that means we are nearing the halfway point for the calendar year. I know it’s hard to believe...
After 2008 everyone was sure that the powers to be had learned their lesson. There would be tighter underwriting standards. The crazy leverage of the past would be just that, a thing of the past. The one aspect, however, that was not addressed was interest rates.
Certainly, young people should take responsibility for their lives, but parents, educators and politicians all share some blame for their troubles.
Can you imagine if this group was in charge after WWII? “Well, Germany,” they’d say while blaming the bad economy on FDR, “It’s been fun. Glad you’re all straightened out. Now good luck with Russia.”
Wall Street enjoyed having Cantor in office, almost too much. But what about the average Joe?
Before this week's shocking election results from Virginia, the biggest news between the corridors of Washington and Wall Street was a plan for the senate to consider giving corporations a one-time reduction on taxes paid for profits earned abroad.
As part of my “great moments” in government series, I periodically share stories about really foolish regulations and really wasteful spending. And sometimes I’ll even have a story that combines dumb regulation and boondoggle spending.
Pretty much all of the Middle East, as well as most of Northern Africa, is in some state of chaos… For being a Nobel Laureate, President Obama hasn’t exactly done a great job of bringing peace to the world. Also, Bill Tatro joined the program to shed some light on America’s current economic conditions.
I don’t know about you, but I always have at least a little fear in my head whenever I put my money to work in the financial markets. Now, I don’t let this healthy sense of skepticism about the positive direction in stocks rule my world; however, it is just plain smart to be on the lookout for the “fear factor” operating in stocks.
Fox News Channel host Greta Van Susteren rightly calls Steve Forbes and Elizabeth Ames’s new book, Money, “A gripping read….”
Mainstream media is using globalchange.gov's latest position paper as more thin scientific evidence-- and I use the term sarcastically-- that global warming is already causing great harm to the United States. The rest of us, they believe, are just too stupid to know it without a website.
A couple of recent reports will help put the bifurcated US home "recovery" in perspective.
When the new Tory-led government came to power in the United Kingdom, I was rather unimpressed. David Cameron positioned himself as a British version of George W. Bush, full of “compassionate conservative” ideas to expand the burden of government.
Last week, much of the living inner circle of Rep. Jack Kemp’s brain trust convened, on Capitol Hill, to observe the 30th anniversary of Kemp’s introduction of the Gold Standard Act of 1984.
Did Cantor really lose the primary because of immigration? Or could it maybe have been that the Republican base was feed up with the idea that a bunch of elites in DC should run everything? The best part of Cantor being out, is that there is now a little more separation between DC and Wall Street.
Listening to David Brat on election night, following his upset win over Eric Cantor in Virginia's seventh congressional district, I heard a principled, free-market, pro-growth individual who is going to make an excellent Republican House member.
Timeshares are a horrid, inconvenient product. My sentiment would be, “I’m out of here!”
I think the current welfare programs in America, not only enable people to not work, but encourages them not to work as well. On the other hand, when it comes to the homeless, even though many are in that position by choice, feeding the hungry is never the wrong thing to do.
When countries deal with the underlying disease of too much spending, they automatically solve the symptom of red ink, so it’s a win-win situation whether you’re a spending hawk or a so-called deficit hawk.
Now – and I’m just thinking outside of the box on this one – couldn’t we just ask students to borrow responsibly? Or, in a world where 26 year olds are still listed as children on their parents’ health insurance, is that asking way too much?
For two consecutive quarters, state income tax revenues have disappointed. And in the first quarter of 2014, state income tax revenue actually declined.
There’s an old saying that there’s no such thing as bad publicity. That may be true if you’re in Hollywood and visibility is a key to long-run earnings. But in the world of public policy, you don’t want to be a punching bag.
I mean… That is the point of a degree, right? To get a job? So what does Obama’s executive action say about the dismal state of our economy?
You are either willing to overlook Barack Obama’s foibles and foolishness; or you aren’t. We were right, you were wrong.
The peacemaking talk is off to a rather disingenuous start to put things mildly. Please consider Battles under way near Ukraine's Slavyansk and Kramatorsk.
Arguing the administration broke the law, harmed the national interest, and got taken at the poker table is not remotely the same as arguing it shouldn’t have been seeking Bergdahl’s release.
That number of companies cutting their dividend is still elevated, and is consistent with mildly recessionary conditions being present in the U.S. economy.
Free enterprise, free markets, free prices are however increasingly what a very large portion of the American people want.
Rosen has a volunteer “anti-poverty” program that really works at Tangelo Park in Central Florida, where high-school graduation levels have soared and crime has fallen sharply amid his “good-works” activities.
Japan came to their senses and reduced their tax rate on companies, leaving America with the dubious honor of having the world’s highest rate.
As a government program, the Volt will have to fit somewhere between Social Security and the US Post Office.That said, the Volt would make an excellent, all-electric, US Postal stamp, collectors edition-- as a car that is.
Putting it all together, overall economic growth is still trapped in a sub-par growth zone. And it will remain there, Grannis says, "Unless and until policies in Washington become more growth-friendly (e.g. reduced tax and regulatory burdens)."
Why stop with the bail-out of big banks when you can bail out anyone who gets in financial trouble?
In Other News: Mary Landrieu Connects with Millennials; Lists Parent’s Basement as Louisiana Address | Michael Schaus
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for August 29th, 2014 | John Ransom
Today, at 11:20 AM PT: Get the Market Movements in Advance: William's Edge Webinar for August 28th, 2014 | John Ransom
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for August 27th, 2014 | John Ransom