Chriss W. Street

Winston Churchill warned; “An appeaser is one who feeds a crocodile, hoping it will eat him last”. Churchill would understand the dynamics of the European and American sovereign debt crisis. Modern warfare is not about a blitzkrieg of panzers, dive-bombers,

There has been nothing more cowardly in my lifetime than the American government’s dysfunctional response to the economic imperialism of China. The Chinese have shown a unique political sophistication in co-opting the elites of big corporate America with crony business

The Obama Administration has threatened to veto the House of Representative’s “Cut, Cap and Balance” deficit reduction legislation; because it does not preserve what the President refers to as “investments that encourage economic growth”. A signature example of that Presidential

For the State of California and its counties and cities; tax collections tend to be lumpy during the year due to half of all income, corporate and other taxes being collected in the two months of November and April. Given

President Obama told the American people we have to “Eat our Peas” as encouragement for the nation to make the painful decisions to address our out-of-control federal deficits. To understand how many peas we would have to eat; a recent

We were viciously criticized as naïve in April for heralding “The Death of the American Social Welfare State“. Yet the failure this weekend of the supposedly $4 trillion deficit reduction “grand compromise”; with President Obama offering to cut $100 billion

The Fourth of July weekend is a time when we Americans expect our 1400 newspapers to take a reprieve from their endless ridicules and criticisms to dutifully celebrate all that is good in our nation. We look forward those beautiful

I believe that due to American Exceptionalism, the United States is on the verge of another dramatic period of economic growth. Our nation is far from perfect; but we learn from our mistakes, change dramatically, and move on. After three

It seems hypocritical that MIT faculty member and recent Nobel Laureate, Peter Diamond, would lash out in a New York Times Op Ed titled: “When a Nobel Prize Isn’t Enough”, for not being confirmed by the U.S. Senate to the

Late yesterday, the highly respected credit rating firm, Moody’s Investor Services, officially warned that if there is no imminent progress in Congress on the debt ceiling fight, the United States of America’s Aaa credit rating would be cut. Understanding that

Michael Spence, Nobel Laureate and former Dean of the Stanford Business School, has just published a rigorous economic analysis called: “The Evolving Structure of the American Economy and the Employment Challenge.” The report illuminates how the unbridled growth of government

It was sad to watch Federal Reserve Chairman Ben Bernanke being forced to hold a political press conference for the first time in the Fed’s 102 year history. Bernanke nervously defended the merit of the Fed subsidizing $3 trillion in

Just a year ago, the Obama Administration was on the verge of converting America into a European style social-welfare state. The President had pushed up federal, state and local deficit spending to 41% of our gross-domestic-product (GDP), a level not

It is ironic that China is demanding greater control of the World Bank and International Monetary Fund, just as the nation’s banking system is about to be devastated by the white hot flames of inflation. From a distance, China’s economy

On May 5, 2009, I testified in front of Barney Frank’s Financial Services Committee that if Congress provided a guarantee of municipal bonds, the United States of America would lose its’ AAA credit rating. Over the next year and a

Can you hear that great sucking sound? It’s the sound of government shrinking around the world, as Portugal just joined Greece, Ireland and soon many others in acknowledging they are bankrupt and asking their European brethren for a bail-out. What

The earthquake and tsunami that struck Japan on Friday has caused tragic devastation to lives and property, but Japan may soon be over-whelmed by a debt crisis tsunami of epic proportions. With crony deficit spending by the Japanese government having

California tax payers just took a huge punch in the nose from the same actuaries who provided the cover for state politicians to spike public employee retirement benefits. The latest shocker comes from California State Controller John Chiang who yesterday

The Federal Reserve’s QE2 stimulus has stoked a fire storm of global of inflation. What began in the Middle East and North Africa as a rebellion against rising food and basic essentials for some of the poorest people on earth

Ben Bernanke, Chairman of the Federal Reserve, reputation is in shambles after spending last week aggressively denying a report by this author, in an article appearing in Andrew Breitbart’s Big Government Blog and featured on Rush Limbaugh’s radio show, that

The appointment by President Obama of Jeffrey Immelt, Chairman and CEO of General Electric, to head the new President’s Council on Jobs and Competitiveness is just another sign of the commitment of the Obama Administration to “Crony Capitalism”. For over

Chairman of the Federal Reserve Ben Bernanke launched a second round of Quantitative Easing (QE2) in October, following over a year of growth in the economy at a robust rate of over 3%. Most analysts pooh-poohed QE2 as an insufficient

Ten years from now university economists will analyze Federal Reserve Chairman Ben Bernanke’s recent presentation to the U.S. Senate Budget Committee as the successful turning point in American economic policy from a focus on demand side consumption spending to supply

California State Treasurer Bill Lockyer is absolutely right to scoff at accusation in the Wall Street Journal that California is the “the Lindsay Lohan of states”. Ms. Lohan is currently in Court Ordered rehab at the Betty Ford Clinic, whereas