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Fabulous Fab WASHINGTON—The world has been craving to place a reputation and a face to the monetary quackery. We’d like a flesh-and-blood criminal. The financial institution CEOs—grey, previous, predictable—weren’t sufficient. Bernie Madoff was an abhorrent byproduct, not a core participant.…
Mr. Obama and the Bankers: “Doin’ What Comes Natur’lly” Talking to a really receptive Elyria, Ohio, crowd just a few months in the past, President Obama took off the gloves and promised that he was able to combat to offer…
Crony Capitalism Is NOT Capitalism It’s all the present vogue to dump on “capitalism.” It was the grasping free market, supposedly, that created each the housing bubble and the housing bust and led, inevitably, to the “nice recession.” Capitalism, in…
The Restoration Begins With Sound Cash The willingness to work for the sake of future prosperity is a common human high quality, however folks should consider there’s a hyperlink between effort and reward. The euro is beset with fiscal calamities…
Why Less Government Spending Would Mean Less Economic Trouble Many economists say deficit spending is crucial to keeping the economy moving. But history tells a different story. ————— Though our current economic troubles are complex, many mainstream economists have endorsed…
Why ‘Stimulus’ Doesn’t Stimulate President Obama has requested Congress for a further $50 billion in “stimulus” cash to finance infrastructure tasks. The speculation is that the extra spending will trigger companies to spice up manufacturing to satisfy this demand. Producers…
Stealth Protectionism WASHINGTON—We’ve heard each main world chief reject the notion that protectionism can be an applicable response to the monetary and financial debacle of 2007–08. And but the indicators are unmistakable: We’re coming into a protectionist period that doesn’t…
Forex Chaos: The place Do We Go From Right here? ‘Crucial initiative you possibly can take to enhance the world economic system could be to stabilize the dollar-euro price.’ World financial relations are in disarray. Alternate charges fluctuate wildly among…
The Fed: Nonetheless Loopy After All These Years The current elections have been an essential referendum on the liberal financial insurance policies of the Obama administration. The outcomes clearly confirmed that voters overwhelmingly rejected candidates who supported the $780 billion…
The Mistaken Approach to Double Exports Ronald Reagan believed we may ‘outproduce, outcompete and outsell anyone’ with out compromising the worth of the greenback. Watch out for President Obama’s name for a doubling of U.S. exports over the following 5…
