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Archive for the ‘Politics’ Category

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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The taxpayers of South Carolina have paid $1.2 billion to [develop a plan] to send our nuclear waste to Yucca Mountain. I asked [Mr. Obama] if he would consider honoring the federal commitment and allow waste to go to Yucca Mountain. His answer was no. He went on to the fact that they feel like [...]

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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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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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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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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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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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