We've tried everything else, and it did not work. Can we please try "free markets" with the minimum number of regulations and laws needed to preserve property rights, preserved human rights, and prevent fraud?
The article's "global warming" slant is of course ridiculous. Yet, the article does expose the hypocrisy of the Obama administration on that subject.
In order to have credit card debt, one first must have credit. However, some without traditional credit show up as delinquent on account of late utility, medical, or other bills. The key general finding is: Of those with credit files, an astonishing 35% have debt in collections.
Is the British pound overvalued? What about the Euro? The US Dollar? The Yen? Curiously, economists make that case for all of those currencies.
Doudet's main charge is exceptionally poor service. It took numerous complaints to three sets of servers for Doudet to get drinks and an appetizer before her main course arrived.
When it comes to the propaganda war, McCain and his primary war-mongering ally (none other than president Obama) are clearly winning! The only difference between the two is McCain is a far bigger war-monger than Obama.
President Obama was beating the drums on Thursday in Los Angeles regarding corporate tax deserters, companies that move headquarters or tax shields to another country in order to escape high US tax rates.
The first half of 2014 sported record junk bond purchases by investors thirsty for yield, no matter how absurd the bond covenants or how risky the investment.
The U.S. Court of Appeals for the D.C. Circuit invalidated a major provision of Obamacare. However, just a few hours later, the Richmond Appeals Court ruled 3-0 the opposite way, citing pizza in its explanation.
Is China really growing at the reported 7.5% rate? I have frequently stated "no chance". Malinvestments in housing, vacant cities, vacant malls, and roads with no traffic prove the point.
The spotlight on Fed Chair Janet Yellen is rather amusing given she is more disingenuous than former Chair Ben Bernanke.
The US and Japan are both on the path of fiscal ruin. It appears highly likely Japan will get there first thanks to a big head start followed by Abenomics.
The German economy may be decelerating too quick for comfort and faces a triple whammy from Asian rebalancing, the US economy, and a bad energy policy.
Taxation at 0% would not only provide fairness for businesses, but they would come to the US instead of escaping from the US. How bad would that be?
The Ukrainian army is about to retake Donetsk. They can take it quicker by brute force, or it may take weeks or months to starve it out.
The Fed is not going to attempt a controlled collapse. Yet, a collapse is coming. It will be anything but controlled.
A number of people commented the Fed cannot be so stupid as to think there is no asset bubble.
Under "unfair competition" laws France has decided it is far better for consumers to pay full price for goods than to receive a discount.
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for August 1st, 2014 | John Ransom
Today, at 11:20 AM PT: Get the Market Movements in Advance; Williams Edge Webinar for July 31st, 2014 | John Ransom