On: 03/04/2009 11:34:00 In: Economy   By Robert Romano In the debate over moral hazard, one argument often made is that certain institutions are simply too big to fail. That, if they are allowed to fail, the greater economy will be irreparably damaged, and the people will be […]

On: 03/26/2009 13:15:17 In: Stop ACORN! By Isaac MacMillen “To compel a person to furnish funds for the propagation of ideas he disbelieves and abhors is sinful and tyrannical.” –Thomas Jefferson Representative Virginia Foxx (R-NC) has come under heavy left-wing fire for her attempts to keep ACORN […]

On: 03/23/2009 10:46:25 In: Barack Obama   ALG Editor’s Note: As noted in the following featured commentary , President Obama’s expression of confidence in an appointment may be prove to be the kiss of death: By Cheri Jacobus It is never a good day when the White House announces that the president “still” has […]

On: 03/17/2009 10:59:35 In: Economy   ALG Editor’s Note: As ALG News previously reported, the federal government’s unprecedented interventionism of 2008 began with the Federal Reserve’s $29 billion loan to JP Morgan to purchase Bear Stearns, and as noted in the following featured commentary , it was their original sin not to allow […]

On: 03/10/2009 10:39:15 In: Capitol South By William Warren

On: 03/04/2009 11:33:33 In: Economy By Sergio Gor   In today’s tumultuous financial world, everyone is seeking a quick fix where none may be available. Instead, government in its “solutions” is further ruining a free market system that has allowed western nations to prosper and succeed […]

On: 03/26/2009 13:14:12 In: Economy By Howie Rich With another $2 trillion in federal interventionism announced within the last week alone, the price tag for America’s economic “recovery” continues to soar to stratospheric, scarcely-comprehensible heights. First we had hundreds of billions for troubled – now “toxic” […]

On: 03/20/2009 11:24:39 In: Economy By Robert Romano It might be a good time for President Barack Obama to take a week off. And perhaps go fishing. This week, the President waxed highly indignant that American International Group (AIG), Inc. gave out some $165 million in contractual bonuses […]

On: 03/16/2009 09:43:11 In: Monetary Policy By Robert Romano “[China is] worried about forever-rising deficits, which may devalue Treasuries by pushing interest rates higher… Inside China there has been a lot of debate about whether they should continue to buy Treasuries.”—JP Morgan economist Frank Gong, “China ‘worried’ about US Treasury holdings.” China is worried about […]

On: 03/10/2009 10:38:48 In: Economy By Robert Romano   Ultimately, a nation’s capacity to borrow money to finance government spending is based upon its ability to pay back those loans—the promise to pay. Increasingly, however, the United States’ promise to pay is worth less and less the paper […]