A great op-ed piece by Amity Shlaes in the Wall Street Journal responding to Paul Krugman’s incessant campaigning on why New Deal spending works. Unfortunately our President-Elect seems to subscribe to Mr. Krugman’s brand of misguided economics. Some highlights from the WSJ piece: The New Deal is Mr. Obama’s context for the giant infrastructure...
labor unions
Shift from Capitalism to Socialism, European Style
From the WSJ… The most basic explanation for why Barack Obama may win next Tuesday is that voters want economic deliverance. The standard fix for this in politics everywhere is to crowbar the old party out and patch in the other one. It is true as well that the historic nature of the nation’s...
U.S. Chamber of Commerce vs. Democrats
I think the chamber of Commerce knows a thing or two about how economies are built and destroyed. They clearly see a danger in letting the Democrats run away with the government. From the WSJ… The nation’s largest business lobby, the U.S. Chamber of Commerce, has raised ire among Democratic leaders for pouring millions...
Labor Unions Prolonged the Depression
WSJ Excerpt… By the mid-1930s, the U.S. economy appeared to be climbing out of the Great Depression. The Dow Jones Industrial Average (DJIA), which had bottomed out at 41 in 1932, was advancing. It increased 73% from the beginning of 1935 through the end of 1936, when it hit 180. The number of unemployed,...
WSJ: Obama Would Europeanize America
Another must read from the WSJ today… The only organization with a worse rating than the Republican president is the Democratic Congress—14% approval, 75% disapproval. But there, too, the Democrats will gain strength. They are expected to increase their majority in the House, and current polling shows that in Senate races Democrats will increase...
WSJ: Obama’s ‘Redistribution’ Constitution
The left will own the courts. This is why we need to own guns against a government that hates us. The future is very bleak for American under Hussein, Surrender Poodle (Pelosi), and Mormon in Name Only (Reid). The Wall Street Journal published a piece online today about the ability Obama will have of...
Video: Escaped The Plantation, Voting McCain
Perhaps the best speech given during this entire campaign cycle. The O-Team More genius by ZO. See more great clips here
The Poor, Unions, and Barack’s Socialism
If unions existed to actually do what they claim, it wouldn’t be so bad. But the fact of the matter is that, these days, they exist simply to extort and postpone the inevitable free market. Scary thinking about wealth redistribution and removing self-reliance from the poor to make them dependent on the government (from...
