Anyone know a good realtor in ND? ======= Harold Hamm, the Oklahoma-based founder and CEO of Continental Resources, the 14th-largest oil company in America, is a man who thinks big. He came to Washington last month to spread a needed message of economic optimism: With the right set of national energy policies, the United States could be “completely energy independent by the... Read more
Archive for the ‘Economics’ Category
Harold Hamm: How North Dakota Became Saudi Arabia
October 2 | Posted by mrossol | American Thought, Economics, ObamaChicago Economics on Trial: Robert E Lucas, Jr.
September 28 | Posted by mrossol | American Thought, Economics, Tax Issues“Where are you supposed to get these expectations? If you just make them up, then you can get any result you want.” =============== By HOLMAN W. JENKINS, JR. Let’s face it, the “Chicago School” of economics—the one with all the Nobel Prizes, the one associated with Milton Friedman, the one known for its trust of markets and skepticism about government—has taken a drubbing... Read more
Extortion Works for China
September 6 | Posted by mrossol | Economics Tags: China“… This is a pattern we have seen before, in industry after industry. As analyst John Tkacik notes, China’s predatory policies follow a predictable pattern: Beijing demands that foreigners bring technology to China and then the Chinese steal the technology, undercut foreign competition on global markets with subsidies, and finally drive foreign competitors into bankruptcy. … ” Gordon G. Chang –... Read more
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
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
