Economics
Tonight on WRKO’s Pundit Review Radio at 8pm, author Chris Horner discusses his new book, Red Hot Lies: How Global Warming Alarmists Use Threats, Fraud, and Deception to Keep You Misinformed If global warming climate change is indeed the most important crisis we’ve ever faced, as Al Gore said, then this global recession is about […]
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In the mail this week, my Consumer Reports 2009 Buyer’s Guide. I took a look at the auto section and a few things were clear immediately. Best of the Best 1998-2007 Acura Integra, Acura MDX, Acura RL, Acura RSX, Acura TL, Acura TSX, BMW M3, Buick Lacrosse, Honda Accord, Honda Civic, Honda Civic Hybrid, Honda […]
Continue reading about What exactly are we bailing out in Detroit?
It was a pleasure to speak with author Amity Shlaes Sunday night on Pundit Review Radio. Ms. Shlaes is a syndicated columnist for Bloomberg and a senior fellow at the Council on Foreign Relations. She has written a tremendous book, The Forgotten Man: A New History of the Great Depression. Given the current financial crisis […]
Mark Perry at Seeking Alpha wonders aloud, Maybe the country would be better off in the long run if we let the Big Three fail, and in the process break the UAW labor monopoly, and then let Toyota, Honda (HMC) and Volkswagen (VLKAY.PK) take over the U.S. auto industry, and restore realistic, competitive, market wages […]
Continue reading about Think this has anything to do with Big 3’s troubles?
So GM and Chrysler are next in line with their hand out, asking for $10 billion from the taxpayers to fund a merger between the two companies. I sure don’t see the logic of combining one crappy company with a really crappy company but nobody asked me. Should the government help the auto companies? Not Chrysler, which […]
During the debate last night, Barack Obama claimed the following about small business in America, The last point I’ll make about small businesses. Not only do 98 percent of small businesses make less than $250,000, but I also want to give them additional tax breaks, because they are the drivers of the economy. They produce […]
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I didn’t like it when the SEC banned short selling in financial stocks. Well, check this out post from the outstanding blog Crossing Wall Street, Great moments in government September 19, 2008: S.E.C. Temporarily Blocks Short Sales of Financial Stocks Financial Select Sector SPDR (XLF) closes at $22.38 October 1, 2008: S.E.C. Extends Ban on […]
Continue reading about Good thing the S.E.C. banned short selling in financials