Posted on March 10, 2009 by jtkheiry
Every single time I look at the headlines, I get frustrated and indignant. That’s because every headline describes a new way the federal government is proposing to reduce the efficacy of the free market (which it laughingly calls “unfettered”), reduce the choices available to consumers, reduce the ability of entrepreneurs to innovate and support themselves, [...]
Filed under: Uncategorized | Tagged: conservative, economy, free market, Laura D'Andrea Tyson, liberal, Obama, personal respnosibility, politics | Leave a Comment »
Posted on March 8, 2009 by jtkheiry
Every once in a while, there is a glimmer of honesty that shows through the muck of power-brokering and obfuscation in Congress. When it comes to the government-interventionists responding to the economic downturn, these glimmers of honest are few and far between, but here’s a good one tucked away in an MSNBC story regarding the [...]
Filed under: Uncategorized | Tagged: Geithner, Max Baucus, Obama, saving jobs | Leave a Comment »
Posted on March 8, 2009 by jtkheiry
There are two ways to interpret President Obama’s proposed budget measures, if you are someone who believes in the basic laws of economics. One way is to assume that he simply refuses to believe that government fiscal policies can have negative effects in society. Another way is to assume that he knows the pernicious effects [...]
Filed under: Uncategorized | Tagged: charitable giving, charity, free market, michael boskin, Obama budget, politics, tax deductions, taxes | Leave a Comment »
Posted on March 4, 2009 by jtkheiry
A new firm set up by former executives of Countrywide Mortgage has started to make possible exactly what the government was hoping would happen in this mortgage fiasco: take over “toxic debts” and make money for themselves and the government.
But because Countrywide played a role in creating the mortgage mess in the first place, so-called [...]
Filed under: Uncategorized | Tagged: congress, Countrywide Mortgage, Eric Lipton, FannieMae, FreddieMac, free market, mortgage crisis, PennyMac, politics, Private National Mortgage Acceptance Company, Stanford Kurland, toxic debt | Leave a Comment »