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December 3, 2008
When Federal Reserve Chairman Ben Bernanke speaks, Wall Street listens – and investors should beware. The Dow Jones Industrial Average (DJIA) has lost nearly 2,300 points on days he has spoken, including three of the worst point losses ever…
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November 25, 2008
The Dow Jones Industrial Average (DJIA) raced up nearly 500 points when word got out that New York Federal Reserve Bank President Tim Geithner would be named Secretary of the Treasury under President-elect Barack Obama. And, though the move…
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November 18, 2008
It seems that William Ayers, President-elect Barack Obama’s associate and a former Weather Underground terrorist, awakened from his Owellian nightmare to give us a vision for public education he called “social justice.”
In an appearance at the…
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November 17, 2008
Although investigators have determined the fires plaguing the areas around Santa Barbara and Montecito, Calif. were “human caused,” California Gov. Arnold Schwarzenegger has a different idea of what is behind the lengthy wildfire season.
…
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November 14, 2008
Gas prices are up: that’s bad. Gas prices are down: that’s even worse. You can’t win either way.
After a series of gas price hardship segments over the last year and a half…
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November 13, 2008
Who wants higher taxes? Vice president-elect Joe Biden calls paying tax “patriotic.” Add New York Times resident wizard-of-smart and columnist Thomas Friedman to that list.
Friedman appeared on CNBC’s Nov. 13 “Squawk on the Street” to…
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November 13, 2008
Call it a case of bad timing. With oil prices down significantly in recent months, the NBC “Nightly News” on Nov. 12 called for the federal government to address high heating oil prices facing the poor this winter.
“If you’ve looked at…
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November 12, 2008
Still more than two months from his inauguration, President-elect Barack Obama has started promoting his policies and naming some of his advisers. And according to one historian, he could be developing a plan to permanently block drilling in…
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November 12, 2008
Call it a textbook example of liberal policies pushing toward a socially engineered society.
The Nov. 11 “CBS Evening News” featured California schools that were forced to ban old-fashioned fundraising bake sales thanks to state nutrition…
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November 10, 2008
Economists generally frown upon raising taxes in times of an economic downturn. Historians point to President Herbert Hoover’s Revenue Act of 1932 as an example – “the largest – and most poorly timed – peacetime tax increase in American history…
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