Throughout the presidential campaign Barak Obama apologists like Fareed Zakaria hoped that Obama was just lying to the American people about his protectionist stances on trade, and that if elected Obama would prove to be every bit the free trader that Presidents Bill Clinton and George Bush have been. We …
According to reports, ailing U.S. automakers are already lobbying the Obama transition camp for a taxpayer-financed bailout, and they’ve turned up the dial on doom and gloom in recent weeks to make government action appeal all the more pressing. General Motors, for one, says it will run out of cash …
The Detroit News’ Henry Payne is always a must read but he really hit a home run last week with this cartoon on Fannie and Freddie: (posted with permission from Henry Payne)
Listening to politicians on the left speak about the current financial turmoil, one gets the impression that when President Bush took office in 2001 there was a perfect financial regulatory system in place. Only since then, they claim, has it been systemically destroyed by the Bush administration. Speaker Nancy Pelosi …
Earlier this year, despite Sarah Palin’s best efforts, the Bush Administration chose to cave into the environmental left and designate the polar bear as ‘threatened’ pursuant to the Endangered Species Act. Bush made the decision despite the fact that an independent committee of scientists told the Canadian government that the …
Yesterday before the Joint Economic Committee, Federal Reserve Chairman Ben Bernanke made a clear case as to why federal action is needed: home mortgages and car loans had become harder to get, commercial credit was becoming scarce for many businesses and consumer spending had already declined. Leaders in both parties …
