The Bernanke Record - Will he repeat the mistakes of his four years?…
The political irony today is that even as Mr. Bernanke is cruising toward confirmation, the Fed as an institution is under its most sustained political attack in two generations. The political class is especially riled about the Fed's forays into fiscal policy. While that is understandable given the last year, the response to this action should not be to put the Fed under even greater political control from Congress. That is the Argentinian solution.
The better response is to hold policy makers accountable for their actions, including chairmen of the Federal Reserve. At this monetary moment more than any since the late 1970s, the Fed needs a hard-money chairman with the courage and credibility to resist the temptation to escape from the consequences of the last bubble by floating another one. Read more…
Ann Coulter: Do Smoking Guns Cause Global Warming, Too?
Global warming cheerleaders in the media were quick to defend the scandalous e-mails, explaining that, among scientists, the words "trick," "hide the decline" and "garbage" do not mean "trick," "hide the decline" and "garbage." Read more…
Howard Rich: Obamacare: How the Unions are "Getting Well" - It's already being called the "Second Louisiana Purchase," but the sad truth is that a controversial payoff to U.S. Sen. Mary Landrieu's home state of Louisiana is among the smallest of the thinly-disguised bribes and kickbacks that are being offered in Washington D.C. to secure passage of President Barack Obama's socialized medicine proposal…..
Bailout billions from the government may come and go, but the effective nationalization of hundreds of thousands of doctors, nurses and home care providers would provide the unions with a steady stream of billions of dollars in annual revenue for years to come.
That’s the “purchase” we should be keeping our eyes on as the health care debate moves forward. Read more…
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