Economy  (Page 14)

Margaret Thatcher: Free Society Speech (1975)

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Posted by  ▪  Saturday, June 20, 2009 at 8:56am 6/20/2009 at 8:56am


(h/t MAinfo)

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Take a look at Remember “Ahmadinejad Won. Get Over It.” and Iran Election Fraud Truthers Emerge

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The National Debt Road Trip

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Posted by  ▪  Friday, June 12, 2009 at 9:42am 6/12/2009 at 9:42am

Visualizations seem to be multiplying under the Obama administration, because it is so hard to fathom just how fast and far Obama is planning to increase the national debt. Since trillion has become the new billion, it makes sense to visualize that the Obama debt is of a completely different magnitude...

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Nationalize Martin Luther King Jr.

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Posted by  ▪  Wednesday, May 20, 2009 at 10:26am 5/20/2009 at 10:26am

We are in the process of nationalizing and/or federalizing vast stretches of our economy, including the auto industry, banks, and health care. Individual property rights have taken a back seat to political priorities.

I am against this trampling of individual property rights, which are the foundation of our democracy. But if it...

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Welcome to Economic Bizarro Land

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Posted by  ▪  Thursday, May 14, 2009 at 5:03pm 5/14/2009 at 5:03pm
Critics, including me, of Obama’s economic plans have made the point that the unprecedented huge deficits necessary to pay for expanded health insurance coverage, college education guarantees, the present and future “stimulus” plans, infrastructure projects, budget expansion, financing and operational takeovers...
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Relax, The Dems Will Screw Up

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Posted by  ▪  Wednesday, April 29, 2009 at 6:56am 4/29/2009 at 6:56am

It would be very easy to fall into a depression over Arlen Specter switching political parties, giving Democrats a likely filibuster-proof Senate majority. The result will be that Obama will be able to push through much of his agenda without meaningful debate.

Not that I will miss Specter personally. Specter h...

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Feds Threatened BofA Executives To Complete Merrill Deal And Conceal Problems

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Posted by  ▪  Thursday, April 23, 2009 at 8:37pm 4/23/2009 at 8:37pm

A letter from NY Attorney General Andrew Cuomo to (h/t Instapundit via Sec Law Prof Blog) reveals that then Secretary of the Treasury Henry Paulson intervened to prevent Bank of America from backing out of its deal to buy Merrill Lynch when BofA learned of enormous previously undisclosed loses.

Paulson threatened to...

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Do Not Repay This Loan

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Posted by  ▪  Monday, April 20, 2009 at 12:06am 4/20/2009 at 12:06am

The Financial Times reports that banks and other financial institutions which received TARP funds may not be allowed to repay the loans. Yes, that is correct:

Strong banks will be allowed to repay bail-out funds they received from the US government but only if such a move passes a test to determine...

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Yet Another Cheap Attack On Michele Bachmann

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Posted by  ▪  Wednesday, March 25, 2009 at 10:15am 3/25/2009 at 10:15am

Michele Bachmann, the conservative Republican Congressman from Minnesota, has gotten into the heads of the left-wing blogosphere. Yesterday was the completely phony attack on Bachmann’s “armed and dangerous” comment, in which her metaphor for outrage was twisted into a supposed call to arms.

Today brings another twisted attack. Numerous blogs, including Swampland, ...

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Finally, Someone Says “Take This Job And Shove It”

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Posted by  ▪  Wednesday, March 25, 2009 at 8:55am 3/25/2009 at 8:55am

I have been waiting for this day, when one of the demonized executives at a bank or insurance company would tell Congress to “take this job and shove it.” The person singing this song today is Jake DeSantis, an executive vice president of the Americ...

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Non-Profit Solution for Newspapers Predicted Here Two Months Ago

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Posted by  ▪  Wednesday, March 25, 2009 at 7:30am 3/25/2009 at 7:30am

The internet and media are abuzz with the prospect of changes in the law which would permit newspapers to operate as non-profits. Michelle Malkin comments that And so, it has come to pass… after the well documented decline of newspaper revenues and profits.

If you were a reader of this blog, you...

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Visualizing the Financial Crisis

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Posted by  ▪  Saturday, March 21, 2009 at 7:52pm 3/21/2009 at 7:52pm

The financial crisis seems hard to understand. How did we go from a robust economy to “the worst economy since the Great Depression”? (h/t Barry O)

There are 27 visualizations which make things easier to understand. I like this one in particular (click on picture to enlarge), but take a look at...

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Top Schumer Aide Indicted For Pension Fraud

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Posted by  ▪  Thursday, March 19, 2009 at 11:49am 3/19/2009 at 11:49am

Note: Cuomo’s Press Release and The Indictment Are Posted Below

This story is just breaking. Hank Morris, a top confidant of U.S. Senator Charles Schumer, has been indicted for pension fraud for using political connections to steer N.Y. State Pension Fund business for a fee:

A political consultant and a former deputy comptroller ...

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The Wheels Are Falling Off The Obama Administration

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Posted by  ▪  Tuesday, March 17, 2009 at 3:16pm 3/17/2009 at 3:16pm

Oh boy, has this administration become unhinged in its efforts to force through Obama’sbet the farm” economic plans.

Rahm Emanuel runs anti-opposition campaigns from inside the White House against Rush Limbaugh to take down the...

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Guns Don’t Kill People, Bullets Do (So Let’s Ban Bullets)

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Posted by  ▪  Sunday, March 15, 2009 at 10:09pm 3/15/2009 at 10:09pm

Much has been written about ammunition shortages, and skyrocketing prices. It is about to get worse, as the Obama administration has implemented scrap metal policies which will make it much more difficult for manufacturers to get the material needed for civilian munitions.

An interesting post at And So It Goes In...

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AP On Obama: You’ve Been Punked

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Posted by  ▪  Sunday, March 15, 2009 at 6:12pm 3/15/2009 at 6:12pm

Change is in the air. Not just that the inside the Beltway pundits are noticing that He is not all that He is cracked up to be. Not just that people are taking to...

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Hair Salon Down – Bad

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Posted by  ▪  Sunday, March 15, 2009 at 8:14am 3/15/2009 at 8:14am

Just a little true anecdote on how the “rich” cutting back is hurting the “not rich.”

My wife went to a hair salon last Friday. The salon is located on the East Side of Providence, Rhode Island, near Brown University. This is the premier neighborhood in Providence, with a mix of very...

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Risk in the Mortgage Industry Spurred Meltdown

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Posted by  ▪  Thursday, October 16, 2008 at 10:38am 10/16/2008 at 10:38am

Here is a link to my article, published in The Ithaca Journal, on how “Risk in the Mortgage Industry Spurred Meltdown”: http://www.theithacajournal.com/apps/pbcs.dll/article?AID=/20080927/OPINION02/809270304/1014/NEWS17 .