By Randall Holcombe | Thursday September 16, 2010 at 10:37 AM PDT | 1 Comment
The Congressional Oversight Panel evaluating the Troubled Asset Relief Program (TARP) concludes “...that the public ‘stigma’ surrounding the Troubled Asset Relief Program has constrained policy choices and may make it politically impossible to take similar rescue actions in the future,” according to this article. The Panel’s report says, “Popular anger against taxpayer dollars going...
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Tags: bailout, Bailouts, Budget and Tax Policy, Economics, Government subsidies, Politics, TARP, The State, Troubled Asset Relief Program
By William Shughart | at 6:17 AM PDT | 13 Comments
The most recent quote reported in the Wall Street Journal (September 15, 2010) values gold at $1,268.50 per ounce, a historic high, albeit unadjusted for inflation. Will rosy expectations never fail to persist? It is certainly true that the expansionary policies currently being pursued by Fed Chairman Ben Bernanke auger much higher future rates...
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Tags: Ben Bernanke, central banking, Federal Reserve, gold, hedge, Inflation, Money and Banking
By Karen Kwiatkowski | at 4:04 AM PDT | 1 Comment
Norm Ormstein, AEI scholar and writer of most of the McCain-Feingold Campaign Reform Law (2002), has an interesting observation relating to the success of non-establishment candidates in GOP primaries. “Out go the country-club Republicans like Mitt Romney, in come the grass-roots revolutionaries like Sarah Palin...America just became a lot more ungovernable than it already...
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