Archive for the ‘Economics’ Category

The Food-Stamp Crime Wave

June 26 | Posted by mrossol | American Thought, Economics, Obama, Party Politics

James Bovard: The Food-Stamp Crime Wave – WSJ.com. … The Obama administration is far more enthusiastic about boosting food-stamp enrollment than about preventing fraud. Thanks in part to vigorous federally funded campaigns by nonprofit groups, the government’s AmericaCorps service program, and other organizations urging people to accept government handouts, the number of food-stamp recipients has soared to... Read more

White House Oil Price Epiphany

June 26 | Posted by mrossol | Economics, Obama

Review & Outlook: White House Oil Price Epiphany – WSJ.com. It wasn’t long ago that the Obama Administration was trying to drive up the price of fossil fuels to reduce carbon emissions, promote “green jobs” and save the planet from global warming. Gasoline at $3.50 or $4 a gallon has ended that. And yesterday the White House went... Read more

Don’t play politics with debt limit

June 15 | Posted by mrossol | Economics, US Debt

Bernanke: Don’t play politics with debt limit – MarketWatch. The FED isn’t the cause of all US problems, but Bernanke is not doing near what he might to help.

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My Summer Job Road to Perdition

June 12 | Posted by mrossol | Economics, Obama, Socialism

James Bovard: My Summer Job Road to Perdition – WSJ.com. I’m sure Obama’s “create jobs” program(s) are different and will truly work. ——— By JAMES BOVARD Mayors, governors and congressmen are busily hyping summer jobs programs. Kids can learn a great deal from a season on the government payroll. I benefitted from my 1973 experience at the Virginia Highway Department, digging... Read more

The Lone Star Jobs Surge

June 12 | Posted by mrossol | American Thought, Economics, Obama, Socialism

Review & Outlook: The Lone Star Jobs Surge – WSJ.com. I’m sure the Texan model is unsustainable…  I mean, think about it: This is George W’s state… What good can come from there? ——— Richard Fisher, the president of the Federal Reserve Bank of Dallas, dropped by our offices this week and relayed a remarkable fact: Some 37% of all net... Read more

Collective Military Irrelevance

June 12 | Posted by mrossol | American Thought, Economics, Socialism

Review & Outlook:’Collective Military Irrelevance’ – WSJ.com. Amen. Defense Secretary Robert Gates is leaving office with a bang, and yesterday his target was a NATO alliance that he said is risking “collective military irrelevance” by spending so little on defense that it can’t defeat a two-bit dictator like Moammar Gadhafi after 11 weeks of military action. His ordnance... Read more

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