By Robert Romano – The world is plotting against Paul Krugman’s economic central planning scheme.  At least, that’s what we’re supposed to believe, based on his recent contribution to the national political dialogue, “Axis of Depression.” In this piece, Krugman has a theory about recent Republican criticism […]

By Rebekah Rast – Americans might be celebrating New Year’s a little differently this year. Unless Congress is able to compromise on big-ticket items like the expiring 2001 and 2003 tax cuts before Dec. 31, 2010, New Year’s resolutions will consist of more ways Americans […]

By Robert Romano – One curious effect that is becoming evident from the Fed’s ongoing easy money, low-interest rate policies, most recently with beginning purchases of $600 billion of U.S. treasuries, has been to stimulate overseas investment, where emerging markets are growing substantially, reports Bloomberg News . “U.S. corporations have […]

This is a great video on the modern history of U.S. government spending.

The latest episode of Uncommon Knowledge features economist Gary Becker. A professor at the University of Chicago for more than 30 years, Gary Becker is a founder of the Chicago school of economics. A winner of the John Bates Clark Medal and of the Nobel […]

By Kevin Mooney — Precious little progress has been made from the alarmist perspective since the United Nations climate change conference held last December in Copenhagen, Denmark, a blogger for the New York Times concedes . Looking ahead to the next conference, which opens at the end of November in Cancun, Mexico there […]

By Kevin Mooney — Polls show that New Jersey voters ardently support Gov. Chris Christie’s decision to cancel the $8.7 billion commuter rail tunnel to New York City. His actions have attracted criticism from state lawmakers and transportation officials who favor the project. However, a […]

In Greek mythology, Cassandra was granted the gift of prophecy by Apollo, but because she refused to be his consort, the god punished her by making it so that nobody would believe her predictions. Today, it appears that credit rating agencies have contracted a Cassandra […]

By Kevin Mooney — Attention incoming House and Senate Republicans. You are well positioned deep inside enemy territory to operate as constitutional insurgents. This means you are not part of the club and must remain separate and distinct from your party’s leadership in order to […]

China’s credit rating agency, Dagong, has once again downgraded the U.S. credit rating, this time down to A+ . The agency cited the Federal Reserve’s proposed $600 billion in purchases of U.S. treasuries, writing that the “move entirely encroaches on the interests of the creditors, indicating the decline of the U.S. government’s intention of debt repayment.” While the Fed […]