The Bear on Nov 24 2008 | Filed under: Economy
The same people whose reckless practices triggered the global financial crisis are onto a similar scheme that could cost taxpayers tons more.
As if they haven’t done enough damage. Thousands of subprime mortgage lenders and brokers—many of them the very sorts of firms that helped create the current financial crisis—are going strong. Their new strategy: taking [...]
The Bear on Nov 24 2008 | Filed under: Economy
Dow Jones Industrial Average as of Nov. 20
The Bear on Nov 23 2008 | Filed under: Economy
Thus when America was thrust into the Global Economy, GM and Ford had to compete with cars made overseas in factories in postwar Japan and Germany, then Korea, where health and safety standards were much lower, wages were a fraction of those paid U.S. workers, and taxes were and are often forgiven on exports to the United States.
The Bear on Nov 22 2008 | Filed under: Economy
An economic recovery does not require monetary velocity to re-accelerate. As long as velocity simply stops falling, a recovery can take hold.
The Bear on Nov 21 2008 | Filed under: Economy
Now is not the time for the U.S. to import Europe’s failed and job killing environmental policy.
The Bear on Nov 21 2008 | Filed under: Economy
http://www.youtube.com/watch?v=1COE7w3jLVI
The Bear on Nov 19 2008 | Filed under: Economy
Amid the surprising creations of entrepreneurs around the globe, all these technologies depend upon a vibrant and free U.S. economy without oppressive regulations or taxation. Creativity is the ultimate source of all forms of power and freedom.
The Bear on Nov 18 2008 | Filed under: Economy
In the end, the American automakers may finally be fit to take on their more nimble global rivals.
The Bear on Nov 17 2008 | Filed under: Economy
The myth of government spending stimulus is often found in debates over tax rebates (which function similar to government spending), highway spending, and federal bailouts of states.
The Bear on Nov 17 2008 | Filed under: Economy, Taxes
A tax revolt is coming. By 2012 it could dominate the election. Ironically, the great 2012 tax revolt will break out in the blue state suburbs, which tilted for Obama in 2008.
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