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Tag: Congress

Call the Liberals' Bluff: Oil Subsidies Should Go

On “Meet the Press” Sunday, David Gregory asked Barack Obama’s campaign manager David Plouffe, “Should government be playing venture capitalist to try to prop these interest–industries up [referring to Solyndra]?” Plouffe’s answer: “Well, let’s step back for a minute. We

The Cheat Sheet, November 2: MF Global's 'Obama Clause'

Flashback to August and what was then called the Obama clause at MF Global: Corzine’s Obama Clause in MF Global Offering Stuns Wall Street MF Global Holdings Ltd. (MF) took the cult of the Wall Street chief executive officer to

A Regulation That's Right: Bring Back Glass-Steagall

Now we’re begging: Will someone PLEASE bring back Glass-Steagall? The Glass-Steagall Act was, of course, the legislation passed in the early 1930s in response to a certain banking crisis that led to a particular Great Depression. Among other things, the

Black Farmers' Advocacy Group to Appeal 'Pigford II' Ruling

From The Commercial Appeal: Thomas Burrell WASHINGTON — A federal judge has agreed to a settlement involving a class of at least 40,000 black farmers who claim they were discriminated against by the U.S. Department of Agriculture and who missed

Republicans Must Fight the Lies About Tax Rate Cuts

While Obama tours the country promoting his personal donation plan, the Republican Presidential hopefuls are in a pitched battle for the nomination and arguing which tax simplification plan is best. Threatened with the possibility of rate cuts, the Media and

Whither The IDF?

It was a normal Shabbat afternoon in Jerusalem’s Ramot neighborhood. Children were outside visiting with their friends and playing in the empty streets. But the tranquility of the scene was destroyed in a moment when a Palestinian terrorist crept up

CBO's Witch-Doctor Economics and Gypsy Forecasting

I’ve criticized the Congressional Budget Office for generating biased and inaccurate numbers. These are the clowns, after all, who say deficit spending stimulates the economy in the short run but they also rely on a model which seemingly predicts 100

The Need for Real School Reform and the Obstacles It Faces

[audio: http://newledger.com/podcasts/CoffeeandMarkets102711.mp3] Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Joy Pullmann to discuss Obama’s recent student loan initiatives, lessons to be learned from the battle

#OccupyWallSt's Corporate Cheerleaders

The Tea Party and Occupy Wall Street movements were both born out of the despair following the 2008 financial crisis, and both have tapped into the public’s anger over the unfairness of bank bailouts and huge bonuses for the risk

Sorry I Missed the Obama Trip to Las Vegas

Sorry, I missed the Obama visit to Las Vegas this week. It’s a busy week for me. I’ve gotta short-sell my house and doing all the paperwork and the move, along with my job has me sort of tied up.