Tag Archives | financial crisis
USDA/Justice Department Margins Workshop

Brits Say Go After U.S. Bankers, Too

The Olympics are supposed to produce harmony and understanding between nations, but as the 2012 London Games wind down, there’s nothing but acrimony between the UK and its former colony—us.

First, Republican presidential candidate Mitt Romney started off his recent … More…

Fed Chairman Ben Bernanke testifies before Congress in 2011

Four Things We Got Right and Europe Didn’t

You hear it a lot in some circles: The US is heading down the same road as Greece, a basket case of an economy with huge debt and no hope.

And if we don’t address entitlement spending—primarily Medicare and Medicaid—our … More…

Wall Street Shutterstock

Wall Street’s Stench Is All Over Facebook

Facebook’s fiasco of an IPO is turning into a full-scale Wall Street scandal.

  • The Securities and Exchange Commission, the Senate Banking Committee, and Massachusetts’ top securities regulator all have launched investigations.
  • A group of investors has filed the first lawsuit
  • More…

Facebook offices in Palo Alto, California in 2007.

Four Reasons the Facebook IPO Fizzled

Facebook’s much-hyped initial public offering started out with lots of hope, but it ended with a thud. The stock barely closed above the offering price of $38 a share—and only after the underwriters reportedly bought up enough stock to keep … More…

Mitt Romney campaigns in Charleston, SC.

The Incredible Chutzpah of Mitt Romney

Here, via the Huffington Post, is a new low point in the very low candidacy of former Massachusetts Gov. Mitt Romney for the presidency of the United States.

He’s actually said he’ll “take a lot of credit” for the recovery … More…

Lessons for Romney and Obama from the French Election

Lessons for Romney and Obama from the French Election

Americans don’t pay much attention to overseas elections and we don’t think we have much to learn from other countries– especially France.

But I believe our two presidential candidates can draw some lessons from the results of Sunday’s second round … More…

Private Sector Employment Growth 2008-2012.

Second Weak Jobs Report Raises White House Concerns

April’s employment report had little good news for the Obama Administration. Job growth was weaker than expected for the second consecutive month, and though unemployment slipped to 8.1%, the larger number of unemployed and underemployed (what the bureaucrats call U6) … More…

Former Treasury Secretary Lawrence Summers at Davos in 2010

Keynesians Try Another Comeback

The economic philosophy of John Maynard Keynes had a brief revival after the financial crisis of 2008. Desperate politicians tried to save the global economy–and their own jobs–by launching stimulus plans to plug an “output gap,” the gaping hole that … More…

French presidential candidate Jean-Luc Melenchon.

Meet the Real Socialists

Some very intelligent, successful conservatives strongly believe President Obama is a socialist, based largely on his health care reform plan and comments he’s made about wealthy people paying their fair share of taxes.

But I don’t think they understand what … More…

President Obama’s State of the Union Address 2012

Good and Bad Ideas in the State of the Union

Having just returned from covering Republican presidential candidates in New Hampshire and South Carolina, it was a bit strange to watch President Obama… More…