Feb 7, 2012
It s April 2012. You are a conscientious congressional staffer whostill takes seriously the need to be a steward of taxpayers money.(Yes, I know for a fact, there are more than a few of these folks aroundon Capitol Hill.)
You are watching closely events surrounding an ...
Jan 5, 2012
Yesterday morning, President Obama made a recess appointmentof Richard Cordray to head the Consumer Financial Protection Bureau(CFPB), a powerful and largely unaccountable regulatory bureaucracycreated by the Dodd-Frank financial reform law rammed through in 2010.
Then...
Oct 28, 2011
President Barack Obama announced his plan this week to bypass Congresswith new government intervention to save the housing market through theentities that destroyed it: Fannie Mae and Freddie Mac.
For different reasons, thoughtful members of both the tea party andOccupy...
Aug 19, 2011
Yesterday, once again, the market is crashed largely due to events in the European Union. President Obama and other policy makers wring their collective hands and say: It s not our fault. Our options are limited in preventing the European contagion.
But Europe s woes...
Jun 21, 2011
Michele Bachmann would knock 20,000 millionaires off tax rolls.
So reads the glaring headline on a blog postby Howard Gleckman of the Urban-Brookings Tax Policy Center that thisSaturday was No. 2 among the most viewed stories on The ChristianScience Monitor website....
Jun 10, 2011
Anywhere but the Senate, getting 54 votes out of 100 is a victory. AndWednesday, a bipartisan group of 54 Senators responded to concerns fromcommunity banks, credit unions, entrepreneurs, and consumers and votedfor a measure from Jon Tester, D-Mont., to delay implementation...
May 5, 2011
On the eve of the wedding last week of Prince William to Kate Middleton(now Princess Catherine), The Wall Street Journal published an Op-Ed Iwrote celebrating the entrepreneurship of the parents of theprincess-to-be and pointing to their good fortune in business as...
Apr 15, 2011
In his deficit reduction vision speech on Wednesday, President Obamatried to distinguish his plan from that of House Budget CommitteeChairman Paul Ryan by using a rather crude analogy. The president said, We have to use a scalpel and not a machete to reduce the deficit....