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 […]

On: 03/04/2009 11:32:52 In: Conservative Movement By Carter Clews “You show me a good loser, and I’ll show you an idiot.”—Leo “The Lip” Durocher Maybe I’m just a little too old school, but to me, there is something decidedly offsetting about hearing one wish his adversary well. […]

On: 03/26/2009 13:13:37 In: Barack Obama By William Warren They’ve said it before. And now they’re saying it again. And again. And again… Act now or the country is doomed. Spend now or the economy will immediately spiral into an irreversible apocalyptic ruin. It’s become such an […]

On: 03/20/2009 11:24:04 In: Barack Obama By William Warren