2008 financial crisis

For China, Debt Disaster Lurks in the Shadows

Analysts with the proper degree of skepticism about China’s boasts of soaring economic power note that official reports from the Communist regime cannot be trusted. Another, less widely understood problem is that China’s rulers might not know how unstable their economy really is because a sizable portion of Chinese debt lurks off the books in the “shadow banking” industry.

An employee puts Chinese one-hundred yuan banknotes in a money counting machine for a photograph at the Korea Exchange Bank headquarters in Seoul, South Korea, on Thursday, Feb. 27, 2014. Chinas central bank is forecast to double the yuans trading band in the coming quarter as policy makers loosen exchange-rate …

Flashback: Media Lovefest over Barack Obama’s First 100 Days

The media’s framing for former President Barack Obama’s first 100 days began with the premise that his very presence in the White House was “historic.” Obama was praised for aggressively pursuing a bold policy agenda and reversing the policies of his predecessor.

Obama Takes Questions Student Journos SPresident Barack Obama surprised college student journalists who were brought to the White House for a briefing with press secretary Josh Earnest.

Steven Mnuchin: ‘Regulation Is Killing Community Banks’

The highlight of Treasury Secretary Steven Mnuchin’s confirmation hearing so far was his rousing defense of community banks against overbearing federal regulations. “Regulation is killing community banks,” he declared, and if the process is not reversed, we could “end up

Mnuchin Fox News

The Week: ‘How Steve Bannon Stole Progressives’ Anti-Wall Street Thunder’

Jeff Spross writes in The Week that Donald Trump’s new chief strategist Steve Bannon is an “anti-Wall Street populist” who correctly articulated the public’s anger at the 2008 financial crash and subsequent Wall Street bank bailouts. “Trump effectively rode that anger all the way to the White House,” Spross writes.


CNBC: ‘Steve Bannon Could Be Wall Street’s Worst Enemy’

Jeff Cox writes at CNBC.com that a speech delivered in 2014 by Donald Trump’s chief strategist Steve Bannon offers a glimpse into how the new Trump administration may approach Wall Street bailouts and financial reform.


Larry Kudlow: ‘JFK Would Be a Republican Today’

Authors Larry Kudlow and Brian Domitrovic joined SiriusXM host Alex Marlow on Friday’s Breitbart News Daily to talk about their new book, JFK and the Reagan Revolution: A Secret History of American Prosperity.


France Declares State of Economic Emergency

As investor sentiment plunges across the world, President François Hollande of France has unveiled an economic plan to deal with what he describes as his country’s “state of economic emergency”. Setting out a new €2 billion (£1.5 billion) job creation plan


Re-Suicide: Obama Adopts Bush-era Tricks To Re-inflate Property Bubble

President Barack Obama is bringing the subprime-mortgage crisis back, fueled by the progressives’ political urge to treat borrowed money loans as a “right” that everyone is “entitled,” and by the willingness to dismiss mathematical probability as a racist conspiracy.

Newsweek Obama Gay Halo Cover May 2012