Posted in Blogroll on J00000011UTC 24, 2008 | Leave a Comment »
Thanksgiving, Socialism, and the Free Market
On both continents, however, positive attitudes toward trade are unlikely to increase in economically harder times. “The last thing struggling workers and producers want is more intense world competition,” says Joe Guinan, a trade economist at the German Marshall Fund. Yet Brown and Merkel, along with Brazil’s Luiz [...]
Posted in Blogroll on J00000011UTC 24, 2008 | Leave a Comment »
Menem charged with arms-smuggling
Mr Menem insists the arms shipments were legal
The former President of Argentina, Carlos Menem, has been formally charged with involvement in arms-trafficking.
Prosecutors said Mr Menem had illegally sold weapons to Croatia and Ecuador in the 1990s, when they were involved in conflicts. He denies the charges.
Mr Menem, who has [...]
Posted in Blogroll on J00000011UTC 24, 2008 | Leave a Comment »
America’s economy
Adding to the stimulus
More unconventional measures to stimulate America’s economy
THE Federal Reserve’s interest-rate target is near zero. The recession is deepening. No wonder that speculation is mounting about when America’s economic policymakers will start using truly unconventional measures to stimulate the economy.
The answer is that they already have. Since early September, without any formal [...]
Posted in Blogroll on J00000011UTC 24, 2008 | Leave a Comment »
Buffett Stock Picks Beat Financials Index as He Dodged Subprime
Nov. 26 (Bloomberg) — Billionaire Warren Buffett’s decision to increase his stake in financial companies led by Wells Fargo & Co. and U.S. Bancorp and avoid subprime lenders is paying off for Berkshire Hathaway Inc.
Berkshire’s bank-related investments rose 36 percent in the third quarter, while [...]
Posted in Blogroll on J00000011UTC 24, 2008 | Leave a Comment »
A Permanent Bailout
Fifty years of EU farm aid ought to make us fear too much state intervention.
JACK THURSTON |
From today’s Wall Street Journal Europe
The global financial crisis is raising profound questions about the role of the state in economic affairs. For some, the nationalization of the banking titans and a more activist industrial policy [...]
Posted in Blogroll on J00000011UTC 24, 2008 | Leave a Comment »
A Car Wreck Made in Washington
Can Democrats afford to let Detroit succeed?
By HOLMAN W. JENKINS, JR.
The wrong folks were in the witness chairs in last week’s congressional hearings on auto doom. A fantastic moment was Massachusetts Rep. Stephen Lynch assailing Rick Wagoner about whether GM was asking China for a bailout too. The implication seemed [...]
Posted in Blogroll on J00000011UTC 24, 2008 | Leave a Comment »
Memo to Rich Guys: We Bailed You Out, Here’s How You Can Return the Favor
By Tommy De Seno
Attorney/Writer
So Americans woke up this morning to find out that in the middle of a Sunday night, the government confiscated another $326 Billion of their money and gave it to Citigroup, to bail out rich guys.
AP [...]
Posted in Blogroll on J00000011UTC 24, 2008 | Leave a Comment »
Why Don’t We Hang Pirates Anymore?
By BRET STEPHENS
It’s a safe bet, dear reader, that the title of this column has caused you to either (a) roll your eyes and wonder, What century do you think we’re living in? or (b) scratch your head and ask, Yes, why don’t we? Wherever you come down, the question [...]
Posted in Blogroll on J00000011UTC 24, 2008 | Leave a Comment »
This Book is So Me – Walter Block – Mises Institute
Posted by Ricardo Valenzuela at 7:53 AM 0 comments
Business.view
Banking on a banker
Does the Treasury secretary’s past career matter?
SO THE new Treasury Secretary, it seems, will [...]
Posted in Blogroll on J00000011UTC 24, 2008 | Leave a Comment »
“Socialism” is Not the Problem
Obama’s big government liberalism is bad enough
Steve Chapman
Something about Barack Obama has a way of driving some conservatives completely batty. John McCain detected something “a lot like socialism” in his tax plan. Veteran conservative media critic L. Brent Bozell has no doubt the new president will “deliver socialism.” But the prize [...]
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