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Posted by William A. Jacobson on December 06, 2008 3 Comments
In his weekly radio address today, Barack Obama repeated his intention to stimulate the economy and “create” jobs through a massive public infrastructure program. As we have noted before, “[o]f all the concepts to help build the economy, Barack Obama has seized on the one...

Posted by William A. Jacobson on November 24, 2008 0 Comments
The Obama administration-in-waiting has devised a plan, still in its infancy in details but well developed in magnitude, to create millions of jobs through public infrastructure projects. Various Democratic leaders talk about a plan ranging from hundreds of billions of dollars to over a trillion....

Posted by William A. Jacobson on November 20, 2008 0 Comments
Pre-Election prediction by one of our nation’s most insightful commentators foresaw the devastating effects of an Obama victory, but no one listened: “The stock market will not rebound unless and until it is clear that we have a president-elect who believes in the markets. Someone...

Posted by William A. Jacobson on November 13, 2008 0 Comments
Think a change of administration only matters if the incoming President can pass legislation? Here is a list of Justice Department jobs from the “Plum Book” which are filled at the discretion of the President. While legislation is important, these positions and hundreds more, will...

Posted by William A. Jacobson on October 30, 2008 0 Comments
It has been a while since I have agreed with Thomas Friedman, but Mr. Friedman has a good observation on the economic forces which may lead to the collapse of the Iranian regime: Under Ahmadinejad, Iran’s mullahs have gone on a domestic subsidy binge —...

Posted by William A. Jacobson on October 24, 2008 1 Comment
Respected financial journalist Charles Gasparino has an excellent article, entitled An Obama Panic? In the article, Gasparinio makes a point the mainstream media ignores: While Obama certainly did not cause the credit and market crisis, the fear of an Obama victory is fueling the crisis....
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