Business

BMI Staff | January 21, 2009
Krugman's Obama Would be Like 'Franklin Delano' Paul Krugman thinks he can shape policy with his New York Times column, and President Barack Obama has proved open to suggestions. If…
Jeff Poor | January 21, 2009

Presidential inaugurations are traditionally bear market days for stock traders, but Jan. 20, 2009 was by far the worst. The Dow Jones Industrial Average (DJIA) lost 332 points (4 percent) and the broader S&P 500 index (S&P) lost nearly…

Matt Philbin | January 20, 2009

On Jan. 20, the same day Britain was fighting to avoid taking one or more of its banks under government control, Joe Balestrino, portfolio manager for Federated Investors, told anchor Dagen McDowell of Fox Business Network that he hoped for big…

Donald J. Boudreaux, Ph.D. | January 20, 2009

Editor, The Wall Street Journal

200 Liberty Street

New York, NY 10281

To the Editor:

You report that Barack Obama will call for "a new era of responsibility" ("Obama to Call for a New Era of Responsibility," Jan…

Donald J. Boudreaux, Ph.D. | January 20, 2009

Editor, The New York Times

229 West 43rd St.

New York, NY 10036

To the Editor:

Jeremy Weir Alderson says that "the No. 1 reason for imposing higher labor standards on imports isn't to improve living standards…

Lauren O'Reilly | January 19, 2009

Mike Huckabee called Republican supporters of the proposed $825 billion economic stimulus package “spineless” Jan. 17.

The former Arkansas governor and host of the Fox show “Huckabee,” voiced his frustration over this massive spending…

Jeff Poor | January 19, 2009

File this one under the “I can’t believe he just said that on television."

Controversial filmmaker Spike Lee revealed he thought the economic difficulties that are presently plaguing the country were ordained by God to help get Barack…

Donald J. Boudreaux, Ph.D. | January 19, 2009

Editor, Washington Post Book World

1150 15th St., NW

Washington, DC 20071

Dear Editor:

Re: James Q. Wilson's review of Robert Kaiser's "So Damn Much Money" ("Is Washington for Sale?" Jan. 18): Why are people…

Donald J. Boudreaux, Ph.D. | January 19, 2009

Editor, The New York Times

229 West 43rd St.

New York, NY 10036

To the Editor:

You suggest that it might have been "a coincidence" that U.S. Airways' stock price shot up by 13 percent immediately after Cap't.…

Jeff Poor | January 17, 2009

The controversy over Apple CEO Steve Jobs’ health could have legal implications for the company’s board of directors including former Vice President Al Gore.

On Jan. 14, Jobs, in a statement released through Apple’s press division,…

Jeff Poor | January 16, 2009

Here’s an environmental impact story you’re not likely to see in the mainstream media. Neither NBC’s chief environmental affair correspondent Anne Thompson, nor ABC correspondent Bill Blakemore nor CBS “60 Minutes” correspondent Scott Pelley –…

Jeff Poor | January 15, 2009

He’s reviled by the left for carrying the water in the U.S. Senate for those who are skeptical of manmade global warming – and that may have been enough to put him over the top for MSNBC’s Keith Olbermann’s “Worst Person in the World” award.…

Jeff Poor | January 15, 2009

If you’re fortunate enough to have it – don’t sell that oceanfront property for fear that the icecaps will melt, and rising seas swamping your property. A segment on CNN’s Jan. 13 “Lou Dobbs Tonight” explored the possibility that earth isn’t…

Julia A. Seymour | January 14, 2009

A new, New Deal may very well be on its way, but one of FDR’s own New Deal creations, the Tennessee Valley Authority (TVA), is in big trouble.

Federally-owned TVA, the nation’s largest utility, recently made headlines for spilling more than…

BMI Staff | January 14, 2009
Tennessee Sludge Spill: Government Disaster 30 Times Worse than Exxon-Valdez The nations largest utility, TVA, is responsible for spilling roughly a billion gallons of toxic…
Dan Gainor | January 14, 2009

 A few years ago, the Securities and Exchange Commission looked at Bernie Madoff’s operation and said it was doing things just fine. Madoff then allegedly went on to scam $50 billion from unknowing investors. Congress instituted the Alternative…

Jeff Poor | January 14, 2009

Call this a case of liberalism via central planning gone wild.

 

In one of the most politically left-of-center cities east of Berkeley, Calif., ideas put forth at city hall in Madison, Wis. would dramatically limit free…

Dan Kennedy | January 14, 2009

In December alone, 640,000 jobs reportedly disappeared. This number only slightly inflated by all the elves laid off at North Pole Enterprises on the 26th. There’s a secret reason for these losses, never mentioned in the media.

When I…

Donald J. Boudreaux, Ph.D. | January 14, 2009

Editor, The New York Times

229 West 43rd St.

New York, NY 10036

To the Editor:

Reporting on the recent fall in America's trade deficit, you quote Barclay's Capital economist Julia Coronado's claim that "It's…

Jeff Poor | January 13, 2009

Change we can all believe in? How about the same song and dance, but just a different day?

In opening remarks at her confirmation hearing on Jan. 13, President-elect Barack Obama’s Secretary of State designate Hillary Clinton told the…