03.01.2009
On: 03/09/2009 12:29:29 In: Economy ALG Editor’s Note: In the following featured article, economic expert Michael J. Boskin spells out just how Barack Obama’s radical taxation policies will further incapacitate an already struggling nation . A financial crisis is the worst time to change the foundations of American capitalism. By MICHAEL J. BOSKIN March 6, 2009 It’s hard […]
03.01.2009
On: 03/02/2009 12:21:21 In: Economy President Barack Obama unveiled his budget last week—to the tune of $3.6 trillion. While it addresses many of the points he campaigned on—such as its funding of Medicare by upwards of $600 billion over the next decade—it reveals a hefty shift in priorities from the last administration . President […]
03.01.2009
On: 03/31/2009 10:19:04 In: Economy ALG Editor’s Note: A real economist discusses the current economic situation, refuting the arguments raised by proponents of Big Government. Dr. Leeson blogs at The Austrian Economists . You can buy Dr. Leeson’s new book, The Invisible Hook, here . Adam Bitely is blogger […]
03.01.2009
On: 03/25/2009 10:06:28 In: Economy ALG Editor’s Note: As ALG News has previously reported, the Treasury, Federal Reserve, FDIC, and other agencies have no constitutional authority to hand out the trillions of dollars of bailouts that are bankrupting the nation. And finally, it appears Congress is […]
03.01.2009
On: 03/19/2009 10:14:31 In: Hard Left By Isaac MacMillen The Supreme Court may have, in an attempt to exercise its power, deprived the judicial branch—and American citizens—from much of the oversight they have previously been able to exercise over an ever-expanding federal government. And the consequences of […]
03.01.2009
On: 03/12/2009 10:07:24 In: Globalization By Howie Rich For years, the Communist Chinese have been the butt of American jokes for their Maoist principles and centralized government planning. They’ve also received scathing international criticism for their at times brutal suppression of human rights – and deservedly […]
03.01.2009
On: 03/06/2009 10:25:24 In: Hard Left By Carter Clews Barack Obama has now named his choice for Deputy Housing and Urban Development Secretary. The award goes to one Ron Sims, currently County Executive for Life of King County, Washington. Proving once again, it’s not just the cat, […]
03.01.2009
On: 03/02/2009 12:21:00 In: Energy Crisis, Global Warming Fraud, and the Environment By Isaac MacMillen Despite consistently describing the economic situation as being dire , President Barack Obama is rapidly moving forward with policies that have the potential to seriously harm American industry. He has tasked Vice President Biden to promote the cap-and-trade program that the envirolobby has been seeking after for over a decade. The Vice-President, armed with a […]
03.01.2009
On: 03/30/2009 11:57:11 In: Economy By Robert Romano A new order is rising. After failing to return to profitability—as ALG News predicted they would —GM and Chrysler have been “granted” 60 and 30 days respectively to present “acceptable” plans. GM Chairman, Rick Wagoner, has been forced out as a condition to receive more federal bailout money , and Chrysler has 30 days to complete a merger with Italian automaker, Fiat. ALG News warned […]
03.01.2009
On: 03/24/2009 10:25:36 In: Economy By Robert Romano ALG Editor’s Note: The madness only crescendoes. Just this morning, the Administration released brand new plans to request broad powers for the Treasury Secretary to seize insurers, investment firms, and hedge funds, as reported by the Washington Post .