Krugman: The USA should borrow and spend itself into prosperity
Paul Krugman is on the austerity kick again, and in part, he is right. The austerity measures that have been imposed upon Ireland and Greece by the European Union, are awful, and they are imposing a lot of suffering. There are some things that Krugman is not saying, however, and I think they bear mentioning. First, we forget that the banks in Europe, More...
US Post Office set to close or ‘combine’ 229 mailing centers
The U.S. Postal Service has announced its next step in the belt-tightening process of trying to cut down on its costs. It will close or consolidate operations at 140 mail processing sites through February 2013, More...
Natural Born (Economy) Killers
When it comes to the use of certain kinds of fuels, myths abound and especially myths created and nurtured by Progressives in academe, government, and the media. Given that Paul Krugman is a card-carrying Progressive, More...
Krugman, ‘National Greatness,’ and Boondoggles
Photo/politifake One of the mantras for the Neo-Conservatives has been “national greatness,” which means that America ought to be producing huge, expensive public works projects. (One gets the sense More...
Krugman: More inflation and higher taxes will end the depression
In recent months, Paul Krugman has become an out-and-out cheerleader for inflation, claiming that throwing out more dollars somehow will revive the economy because people will quickly spend their depreciating money More...
JP Morgan Chase announces ‘surprise’ loss of $2 billion
(CNNMoney) — JPMorgan Chase, in a surprise announcement, said Thursday that it has suffered trading losses of $2 billion since the start of April. The group that suffered the losses is part of the bank’s More...
John Stossel on liberty and private enterprise
Because I have a very busy schedule over the next two weeks, my posting will be spotty and I will depend upon others to do my writing for me. John Stossel provides a very good article on why private enterprise always More...
Fed Clears The Way For China To Buy American Banks
This is why we need to End The Fed! This is outrageous! CNBC is reporting: For the first time in its history the Federal Reserve gave the thumbs up to an acquisition of a U.S. bank by a Chinese bank, opening the More...
Krugman, College, and the Higher Education Bubble
Paul Krugman claims (implausibly) that he was the first (or one of the first) economists to point out that the hot housing market really was a financial bubble. Of course, Krugman two years earlier had claimed that More...
VIDEO: Details on IRS tax fraud
Illegal aliens getting massive tax returns? Shocking? No, not at all. The Desk of Brian recommends:IRS Goes Hunting For Dollars Planetwide41 Obama White House aides owe IRS $831K - oh there's moreBill O'Callaghan, More...
