Alarmed at the economy’s slow pace, the ongoing slump in housing and the threat of European debt defaults, the central bank is preparing a third round of “quantitative easing” — the monetary equivalent of a defibrillator paddle placed on the economy’s chest. – IBD
Archive for Category: "Economy"
Rubio: No plan to bring debt under control
Sen. Rubio warns that the US is facing a European style debt crisis that will stifle growth. He points out that Obama railed against debt ceiling increases under Bush as “failure in leadership.”
Nearly 1 Million Workers Vanished Under Obama
In the 30 months since the recession officially ended, nearly 1 million people have dropped out of the labor force — they aren’t working, and they aren’t looking- IBD
Government meddling increases prices and destroys markets for drugs, cars, fuel, lightbulbs and more
Never before in our nation’s history have we moved so quickly and so unthinkingly down this dangerous path.
How Fannie, Freddie and Politicians Caused the Crisis
Government housing policies and the toxic mortgages they spawned were the sine qua non of the financial crisis.
Unions force Twinkie maker into bankruptcy – will Obama bailout?
The parent company of Hostess that makes Twinkies,Yodels and other favorite snacks has filed bankruptcy blaming lucrative union benefits. Will Obama bailout Twinkies like he did GM? Will he give the company to the unions after putting in billions of taxpayer dollars like he did with GM and Chrysler? If not why not? Is the auto industry union more important to Obama than the Twinkie industry union? Are UAW members giving more to Obama campaigns?
Change for the worse – Jobless Claims Rise to 6-Week High, Retail Weak
Some foolish Americans voted for hope and change in 2008. What they got was false hope and change for the worse. Let’s not let it happen again.
“Vulture” Capitalism is a Contradiction in Terms
No system is infallible, but capitalism is by far the best one because it rewards and punishes the right things. It’s politicians — on both the left and right, these days — who are the true vultures.
King Barack to bail out Europe at taxpayer expense
It’s over the top when Obama told the European Council President and the European Commission President that “the United States stands ready to do our part” to bail out Europe.
Crony capitalism is failing; let’s try the real thing
Capitalism is the greatest tool of wealth creation, social advance and economic development ever known. Conservatives must make the moral case for real capitalism, and take action against crony capitalism — and the culture that created it.