“Once one starts thinking about [actions to accelerate economic growth], it is hard to think about anything else.” — Nobel Economic Laureate Robert Lucas The Supercommittee, if rumor, speculation and common sense can be credited, now will shirk its role as political suicide bomber. The Supercommittee was created in a fit of ambiguous revulsion against […]
In a lawful society it’s considered bad form, dare I say criminal, to take a person’s money by force or deception for your own gain. Somehow that basic tenet has been subverted in what passes today for capitalism, but should more accurately and honestly be considered corporate gangsterism. One of the more insidious recent examples comes […]
For sheer hypocrisy, it’s becoming harder and harder to top Newt Gingrich. Concerning the man who blasts lobbyists as a scourge on responsible politics, we get this from The Washington Examiner’s Timothy Carney: First of all, we know that Gingrich has been paid by drug companies and by the drug lobby, notably during the Medicare […]
Chris Matthews on MSNBC recently said that Republicans couldn’t decide on a presidential candidate because they are consumed by hate. He also said that Republican brains are so wracked by hate that they have trouble liking anyone, even one of their own candidates. That Republicans are motivated by “hate” is an unquestioned article of faith […]
The Occupy Wall Street movement had billed it as a Day of Action, marking the two-month anniversary of the movement, but it turned into a day of disgust and disgrace. Honestly, what possible positive argument can be made for terrorizing schoolchildren as a means of legitimate protest? They were caught in the middle of madness. […]
In the history of criminal enterprises, when all is said and done, what are the chances of the Federal Reserve going down as the largest, most diabolical Ponzi scheme perpetrated wholesale on the American public? I’d say it goes neck-and-neck with Social Security. This from CNSNews: At the close of business on Tuesday, the debt […]
Just when it looked like Newt Gingrich was gaining ground in the GOP’s perpetual presidential debate sweepstakes, surging in several polls to top-tier contender status, comes this from Bloomberg news: Newt Gingrich made between $1.6 million and $1.8 million in consulting fees from two contracts with mortgage company Freddie Mac, according to two people familiar […]
The line goes something like this: Stricter government oversight and regulation of business is necessary because the greedy Wall Street speculators and large multinational corporations have unduly influenced the political process for selfish gain, enriching themselves at public expense and impoverishing the common working people through unfair domination of the world’s resources, resulting in a […]
Government spending and national defense are among the key topics whenever Ronald Reagan’s legacy is discussed. Reagan is credited with rebuilding the military into a force capable of projecting America’s presence anywhere in the world. He is also criticized for increasing the national debt even though federal revenues increased during his administration, which is an […]
The Mission statement from OccupyWallStreet.org reads, in part, as follows: “#ows is fighting back against the corrosive power of major banks and multinational corporations over the democratic process, and the role of Wall Street in creating an economic collapse that has caused the greatest recession in generations. The movement is inspired by popular uprisings in Egypt […]
