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Archive for the ‘Economy’ Category

Harry Reid Pulls the Spending Bill: Was the 111th Congress the WORST Congress Ever?

Posted in Current Events, Economy, Health Care Reform, Politics, tagged , , , , , on December 16, 2010 | 4 Comments »

ATLANTA—  I’m no Congressional historian, but I have to imagine the 111th Congress will ultimately be rated among the worst in our nation’s history.  And what a way to finish!  Hustling to shove through another highly controversial, 1,900 page bill just ahead of the holidays.  Barely able to pull together enough votes to pass it.  Same story- different year. [...]

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The Conservative Argument AGAINST Barack Obama’s Social Security Payroll Tax Holiday

Posted in Current Events, Domestic Affairs, Economy, Politics, tagged , , , , , , , , on December 14, 2010 | 3 Comments »

This one piece of the compromise plan also explains why growth after next year is likely to be weaker, not higher, than the current optimistic predictions. The problem is the nature of that growth. In the past century both parties and the economists behind them have focused on the business cycle, their theory being that [...]

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Jim Chanos on China: Is Chinese Economic Growth Really Just a Massive Fraud?

Posted in Current Events, Economy, Foreign Affairs, Politics, tagged , , , , on December 9, 2010 | 24 Comments »

This is an incredibly insightful analysis of the Chinese economic “miracle” by Jim Chanos, the renowned hedge fund manager.  It’s a long one, so you might have to watch it in several sittings. The level of meaningless construction spending and investment Mr. Chanos describes is mind-boggling and scary.  At 28:50, he talks about there being 2.6 billion square [...]

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Has the Tea Party Already Been Forgotten?

Posted in Economy, Politics, tagged , , , on December 8, 2010 | 34 Comments »

BECKLEY— It seems like the Tea Party is already being forgotten! This tax cut bill while a faint in the right direction is also non-sense without first addressing spending.  This is blatantly not being done.  As 10s of billions of dollars in “stimulus” go to continue things like the ”emergency unemployment compensation” program as part of the continuation of the [...]

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The Sayings of Chris Christie: Why I LOVE this Guy!

Posted in Current Events, Domestic Affairs, Economy, Politics, tagged , , on December 6, 2010 | 1 Comment »

ATLANTA— Check out Daniel Cirucci’s article in the Philadelphia Daily News, on the sayings of Chris Christie.  These things are so blunt- and so brilliant!    My favorite?  “Well then, you don’t have to do it.” (Christie’s answer to a teacher who complained about the hard work and “low pay” that went along with her job). I [...]

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More Evidence China’s Top-Down Statist Economic Regime May be Failing…

Posted in Current Events, Domestic Affairs, Economy, Politics, tagged , , , , , on December 6, 2010 | 1 Comment »

ATLANTA—  In an interesting twist, the Telegraph reports that the Royal Bank of Scotland has advised its clients to take out protection against the risk of a sovereign default by China as one of its top trades for 2011.  This may sound absolutely crazy, given that China has been leading the global recovery and averaging around [...]

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Should the WikiLeaks Culprit, Bradley Manning, be Executed?

Posted in Current Events, Domestic Affairs, Economy, Politics, tagged , , , , on December 1, 2010 | 7 Comments »

ATLANTA—  Mike Huckabee has called for the WikiLeaks culprit to be tried for treason and executed, if found guilty.  This is the latest in a series of increasingly bold denouncements of the acts that resulted in the leakage of over 250,000 State Department documents via WikiLeaks.  Many people believe the acts have dealt a substantial blow [...]

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