Don?t call this capitalism
Some voices on the Left contend that the current flood of government intervention in the economy serves as a corrective after years of unfettered capitalism. Those who buy into this…
74th United States Secretary of the Treasury
Some voices on the Left contend that the current flood of government intervention in the economy serves as a corrective after years of unfettered capitalism. Those who buy into this…
The time has come to wonder out loud if any of the big money center banks will be around in 60 days. BofA was hit hard again on Wall St.,…
A financial research consulting firm has done what the media has failed to do: look past the official statements and check the numbers. What they found, they say, is that…
This 1967 article by Murray Rothbard, father of modern libertarianism, written as a commentary on Lyndon Johnson?s Great Society, explains nicely how George Bush and Henry Paulson have put progressives…
The most disturbing element of bailout madness, that is: It is futile, but not pointless, to note that the federal government’s blizzard of bail-outs is unconstitutional. At least that would…
Whew. How big a bullet did Wachovia dodge? When news was breaking last night that Citibank was the next in line for an Uncle Sam bailout special, it was not…
And it is the Columbia Journalism Review. Elinore Longobardi takes one long cringe at the coverage Paulson has received in recent weeks, much of it straight out of Socialist Realism…
Treasury Secretary Henry Paulson: ?The needs of our economy require that our financial institutions not take this new capital to hoard it, but to deploy it.? Does this mean Paulson…
It was a week ago that the Drudge Report ran with its doomsday red font about the stock-market meltdown with clear implications that the failure of the $700,000,000,000 “bailout” plus…
The Dow is up 490 points, the price of oil is down below $100, and the dollar is strengthening. Yep, things sure are falling apart. The amazing thing is that…
Many pundits and “economists” are claiming that this failed bailout would in the end “make the taxpayers money.” It’s a chance for the Treasury to buy low and sell high.…
He is no free-market guy, says John Berlau in this revealing Spectator piece.