Debt Ceiling | White House readies Obama fiscal flip-flop | The Daily Caller – Breaking News, Opinion, Research, and Entertainment. Change. That’s what we voted for, wasn’t it?!! Obama’s “changing”, so what is everyone so upset about? ==== Presidents are loath to admit error. That’s what press secretaries are for. On Monday, White House spokesman Jay Carney said then-Senator Obama made a mistake... Read more
Archive for the ‘Economics’ Category
The Tea Party’s First Victory
April 12 | Posted by mrossol | American Thought, Economics, Obama, Party PoliticsReview & Outlook: The Tea Party’s First Victory – WSJ.com. This is getting to be a habit. President Obama ferociously resists tax cuts, trade agreements and spending cuts—right up to the moment he strikes a deal with Republicans and hails the tax cuts, trade agreements and spending cuts as his idea. What a difference an election makes. This is... Read more
No Relief in Sight for Muni-Bond Market
April 6 | Posted by mrossol | Economics, US DebtAbreast of the Market: No Relief in Sight for Muni-Bond Market – WSJ.com. We’re not talking about Federal debt, here, either… “If you don’t like the income statement, the balance sheet, you’re not crazy about management and they don’t have good governance, why would you loan anybody money, other than the fact that they haven’t defaulted in the past?”... Read more
Obama to GOP: ‘We Don’t Have Time for Games’
April 5 | Posted by mrossol | Economics, Obama, US DebtObama to GOP: ‘We Don’t Have Time for Games’ – Washington Wire – WSJ. And I thought Obama could solve all problems by have that serious dialog with others…? ” … “We are now at a point where there is no excuse to extend this further,” Mr. Obama said during a surprise appearance at the daily White House briefing. “I... Read more
The GOP Path to Prosperity- RYAN
April 5 | Posted by mrossol | American Thought, Economics, Party PoliticsPaul Ryan: The GOP Path to Prosperity – WSJ.com. The complete text.. ======== Congress is currently embroiled in a funding fight over how much to spend on less than one-fifth of the federal budget for the next six months. Whether we cut $33 billion or $61 billion—that is, whether we shave 2% or 4% off of this year’s deficit—is important.... Read more
Daniel Yergin on the Shale Gas Revolution: Stepping on the Gas
April 3 | Posted by mrossol | American Thought, Economics, Environment, TechnologyDaniel Yergin on the Shale Gas Revolution – WSJ.com. This article is a bit long, and not entertaining, but might be of some educational value in the area of US energy [future]. “… As late as 2000, shale gas was just 1% of American natural-gas supplies. Today, it is about 25% and could rise to 50% within two decades. Estimates... Read more
