In 1999, the Democratic legislature ran a reckless gamble that makes Wall Street's bankers look cautious. At the top of a bull market, they assumed their investment returns would grow at a 8.25% rate in perpetuity—equivalent to assuming that the Dow would reach 25,000 by 2009—and enacted a huge pension boon for public-safety and...
labor unions
Gmail – FW: What Really Happened Last Week in Montana – larryhanson@gmail.com
An email going around… if it’s true, and it wouldn’t be a surprise in the least with this amateur and his crooked cronies in office, then it needs to be published far and wide. What Really Happened Last Week in Montana A good friend who received this email forwarded to me. Unbelievable. This was...
Big Hollywood » Blog Archive » Has Liberalism Jumped the Shark?
Identity politics, when viewed in its purest form, is racism. Keynesian economics, when distilled to its basic concepts, flies in the face of common sense. Re-branding political policy doesn’t change its ultimate effectiveness. Hypocrites are hypocrites regardless of the causes they support, or claim to champion. The U.S. should not be about “nuance” when...
Europe Thumps U.S., Again – WSJ.com
On present trends, most of Europe will soon have lower income tax rates than most of America. And now the European Union is stealing another competitive march on Washington, this time on a free trade deal with the world’s 13th largest economy, fast-growing South Korea. Last week Brussels and Seoul finished the outline of...
Finish his law degree? No, Brian Deese has G.M. to dismantle.
Finish his law degree? No, Brian Deese has G.M. to dismantle.. Obama likes to hire his election cycle political lap dogs with the same real world experience he has. None.
George F. Will – The Toxic Assets We Elected
George F. Will – The Toxic Assets We Elected. “The Obama administration yesterday invited private-sector investors to become business partners with the capricious and increasingly anti-constitutional government.”
TheHill.com – Card-check compromise draws criticism
TheHill.com – Card-check compromise draws criticism.
CNBC: Obama Declares War on Investors, Entrepreneurs, Businesses, And More
Must read on CNBC (I’m surprised too, though to be fair Larry Kudlow often has intelligent things to say)… Let me be very clear on the economics of President Obama’s State of the Union speech and his budget. He is declaring war on investors, entrepreneurs, small businesses, large corporations, and private-equity and venture-capital funds....
Obama Pays Back the Unions for their Support
On Friday, February 6 at 4:30 pm, just before the end of the day and start of the weekend, Obama quietly signed an executive order which in effect bans all non-union construction shops from being awarded any federally funded construction projects. This effectively discriminates against the 84% of construction workers who are non-union. Didn’t...
Liberalism and Socialism
“The American people will never knowingly adopt socialism. But, under the name of ‘liberalism,’ they will adopt every fragment of the socialist program, until one day America will be a socialist nation, without knowing how it happened.” - Norman Thomas, U.S. Socialist Party presidential candidate, 1940, 1944 and 1948
