09.30.2010

Battleground 2010: Stimulus and Unemployment

On: 10/14/2010 09:08:21 In: Elections ALG Editor’s Note: This is the first part of a continuing series examining the battleground races in 2010 midterm elections. Battleground 2010: Stimulus and Unemployment By Adam Bitely It’s no coincidence that the battleground states in the 2010 midterm elections are also states […]

09.30.2010

TimesCheck.com: Economic Consequences of Foreclosure Moratorium Should Take Precedence over Emotional Appeals

On: 10/25/2010 09:24:52 In: Economy Economic Consequences of Foreclosure Moratorium Should Take Precedence over Emotional Appeals By Kevin Mooney On the surface, it is very easy for readers to sympathize with financially stressed families that may be evicted from their homes. But emotional appeals should not serve as […]

09.30.2010

Too Hot Not to Note: Bernanke sets the world on fire

On: 10/15/2010 08:27:29 In: Monetary Policy ALG Editor’s Note: In the following featured column from the Asia Times , economists Hossein Askari and Noureddine Krichene reveal the unintended consequences of the Federal Reserve’s easy money policy: Bernanke sets the world on fire By Hossein Askari and Noureddine Krichene United States Federal Reserve chairman Ben Bernanke recently […]

09.30.2010

Congress Paying Itself Handsomely

On: 10/15/2010 08:29:08 In: Fiscal Responsibility Video by Frank McCaffrey ALG Editor’s Note: Since 2000, congressional staff salaries have increased dramatically. For example, House Chief of Staff pay has increased from over $97,000 to more than $120,000 annually . House Legislative Directors made over $61,000 and now make more than $72,000. Meanwhile, average wages per worker nationally is only $39,000 : […]

09.30.2010

Chilean Obama

On: 10/15/2010 08:30:02 In: Barack Obama

09.30.2010

Federal Spending Cuts Should Start With Capitol Hill

On: 10/15/2010 08:30:32 In: Fiscal Responsibility By Rebekah Rast The nursery rhyme Humpty Dumpty ends with Humpty falling off a wall and breaking into so many pieces that it was impossible to put him back together again. Judging by the polls, it is reasonable to think that Republicans could […]

09.30.2010

The Reverse Smoot – Hawley Act Kicks In

On: 10/15/2010 08:31:45 In: Taxes By Bill Wilson Here’s a “shocker”: U.S. companies that operate overseas are keeping profits there and investing rather than repatriating the profits — because of punitive taxation. According to Frank Aquila at Bloomberg News , there may be as much as $1 trillion of U.S. profits overseas that are simply […]

09.30.2010

Reaping What You Sow!

On: 10/18/2010 09:55:46 In: Economy By Dave Cribbin The economic policies that the Obama Administration has implemented through legislation, and countenanced by appointing Timothy “Weak Dollar” Geithner to the position of Treasury Secretary, and re-appointing as Chairman of the Federal Reserve Ben “I’m printing Money ‘til […]

09.30.2010

Papering the Debt Over

On: 10/18/2010 09:56:25 In: Monetary Policy By Robert Romano Can the U.S. pay off the national debt without printing more money? By mid-August, 2011, the Federal Reserve will hold over $1 trillion of the $13.6 trillion U.S. national debt, making it the largest holder in the entire world, greater than Japan or China . […]

09.30.2010

Lieberman the Kingmaker? Think Ben Nelson Instead.

On: 10/18/2010 09:57:06 In: Uncategorized By Rick Manning Speculation is running rampant on Capitol Hill that Connecticut Senator, McCain for President supporter, Joe Lieberman could be the tie-breaking vote on who is in control of the Senate if the Senate ends up with a 50-50 split after November […]

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