Ah, the loyal opposition… =========== Teamsters President Jimmy Hoffa speaking at a rally for President Obama in Detroit on Sept. 5: We got to keep an eye on the battle that we face: The war on workers. And you see it everywhere, it is the tea party. And you know, there is only one way to beat and win that war. The one... Read more
Archive for the ‘American Thought’ Category
Bank of Political Works
September 1 | Posted by mrossol | American Thought, Economics, Party Politics, The Left“No one ever went broke underestimating the intelligence of the American public.” -H.L. Mencken (Or was it “congress”?) ================= Here’s a novel idea: Have Congress create a “bank” that could borrow huge sums with only a small federal outlay and would be independent of any political interference. If you believe in this miracle, you probably thought Fannie Mae was a private company that... Read more
Leading from Behind?
September 1 | Posted by mrossol | American Thought, Middle East, Obama, The LeftMr. Ajami almost always speaks with insight and sense… He here helps explain why Libya and Iraq are so different. ================= By FOUAD AJAMI On the face of it, the similarities of the undoing of the terrible regimes of Saddam Hussein and Moammar Gadhafi are striking. The spectacles of joy in Tripoli today recall the delirious scenes in Baghdad’s Firdos Square in 2003—the... Read more
Who Would Bail Out the European Central Bank?
August 31 | Posted by mrossol | American Thought, Debt, EconomicsAnd who is talking about this? ============== By BENN STEIL AND PAUL SWARTZ Week after week, market watchers hang on the German chancellor’s every pronouncement about the euro-zone’s debt travails, so one might be forgiven for thinking that Germany has been propping up the whole troubled enterprise. In fact, the European Central Bank has for the past 15 months been manning the front... Read more
Mary Kissel: Justice’s New War Against Lenders – WSJ.com
August 31 | Posted by mrossol | American Thought, ObamaBy MARY KISSEL Talk about not learning from past mistakes: A government department is again intimidating banks into lending to minority borrowers at below-market rates, all in the name of combating “discrimination.” Welcome to the next housing mess. The 1990s may have brought us supercharged politicized lending, but Eric Holder’s Department of Justice is taking the game to an entirely new level,... Read more
Obamanonics vs. Reaganomics – WSJ.com
August 26 | Posted by mrossol | American Thought, EconomicsAnother good article by Moore… ======= If you really want to light the fuse of a liberal Democrat, compare Barack Obama’s economic performance after 30 months in office with that of Ronald Reagan. It’s not at all flattering for Mr. Obama. The two presidents have a lot in common. Both inherited an American economy in collapse. And both applied daring, expensive remedies. Mr.... Read more
