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
Archive for the ‘Socialism’ Category
The Lone Star Jobs Surge
June 12 | Posted by mrossol | American Thought, Economics, Obama, SocialismCollective Military Irrelevance
June 12 | Posted by mrossol | American Thought, Economics, SocialismReview & 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
Word of the Decade: ‘Unsustainable’
June 3 | Posted by mrossol | Obama, Socialism, US DebtNoonan: Word of the Decade: ‘Unsustainable’ – WSJ.com. We’re at a funny place. The American establishment has finally come around, in unison, to admitting that America is in crisis, that our debt actually threatens our ability to endure, that if we don’t make progress on this, we are going to near our endpoint as a nation. I am... Read more
What If the U.S. Treasury Defaults?
May 19 | Posted by mrossol | Economics, Socialism, US DebtThe Weekend Interview with Stanley Druckenmiller: What If the U.S. Treasury Defaults? – WSJ.com. Any bets on whether Obama or Bernanke or Geithner understand? By JAMES FREEMAN ‘A financial crisis is surely going to happen as big or bigger than the one we had in 2008 if we continue to behave the way we’re behaving,” says Stanley Druckenmiller, the legendary investor and onetime... Read more
The Hidden State Financial Crisis
May 19 | Posted by mrossol | Economics, Socialism, US DebtMeredith Whitney: The Hidden State Financial Crisis – WSJ.com. Tips and icebergs… By MEREDITH WHITNEY Next month will be pivotal for most states, as it marks the fiscal year end and is when balanced budgets are due. The states have racked up over $1.8 trillion in taxpayer-supported obligations in large part by underfunding their pension and other post-employment benefits.... Read more
WikiLeaks Assange gets Australian peace prize
May 10 | Posted by mrossol | Philosophy, Socialism, The LeftWikiLeaks Assange gets Australian peace prize – Yahoo! News. Unbelievable! Assange is closer, philosophically to an anarchist and human rights activist. Gives me pause on my opinion of Australian “human rights community”.
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