Economy

ROBERT J. SAUELSON: Cheap money can’t buy a strong economy – WaPo

By at June 24, 2013 | 1:20 am

ROBERT J. SAUELSON: Cheap money can’t buy a strong economy – WaPo

By Robert J. Samuelson, Sunday, June 23 2013 We are now discovering the limits of cheap money. For more than four years, central banks around the world — led by the Federal Reserve — have aggressively pumped money into their economies to stimulate faster revival. These infusions are huge. From 2007 to today, the assets of major central banks nearly doubled from ... Go To Article

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ROBERT J. SAMUELSON:: Why aren’t Americans spending their record wealth? – WaPo

By at June 17, 2013 | 1:06 am

ROBERT J. SAMUELSON:: Why aren’t Americans spending their record wealth? – WaPo

By Robert J. Samuelson, Sunday, June 16, 4:48 PM -- In the economic history of our time, June 6, 2013, ought to occupy a special place. That’s the day the Federal Reserve disclosed that the net worth of American households — the value of what they own minus what they owe — hit $70 trillion, a record that exceeded the previous peak before the 2007-09 financial ... Go To Article

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NSA: PENTAGON bracing for public dissent over climate and energy shocks| Nafeez Ahmed | the guardian

By at June 16, 2013 | 3:56 pm

NSA: PENTAGON bracing for public dissent over climate and energy shocks| Nafeez Ahmed | the guardian

Nafeez Ahmed, June 14, 2013 NSA Prism is motivated in part by fears that environmentally-linked disasters could spur anti-government activism Top secret US National Security Agency (NSA) documents disclosed by the Guardian have shocked the world with revelations of a comprehensive US-based surveillance system with direct access to Facebook, Apple, Google, Microsoft ... Go To Article

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STRASSEL: Rebooting the Budget Talks – WSJ

By at June 13, 2013 | 4:39 pm

STRASSEL: Rebooting the Budget Talks – WSJ

By KIMBERLEY A. STRASSEL - POTOMAC WATCHJune 13, 2013 Republican senators insist that Democrats admit there is a problem before talking about fixes. Step No. 1 in any recovery program is admitting a problem. Think of this week's reboot in budget talks as a Republican effort to push Democrats into rehab. White House officials and GOP senators met quietly this ... Go To Article

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[VIDEO LINK] IMMIGRATION Disaster Moves Forward In the Senate [UPDATED] | Power Line

By at June 12, 2013 | 1:40 am

[VIDEO LINK] IMMIGRATION Disaster Moves Forward In the Senate [UPDATED] | Power Line

POSTED ON JUNE 11, 2013 BY JOHN HINDERAKER IN IMMIGRATION The Senate voted overwhelmingly today to move debate forward on the Gang of Eight’s immigration bill. Only 15 Republicans voted No. Not all the Republicans who voted to move the bill forward today will necessarily vote for its passage, but it appears to be a foregone conclusion that the bill will indeed make ... Go To Article

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THOMAS SOWELL:: Economics vs. ‘Need’ | RealClearPolitics

By at June 11, 2013 | 12:33 am

THOMAS SOWELL:: Economics vs. ‘Need’ | RealClearPolitics

One of the most common arguments for allowing more immigration is that there is a "need" for foreign workers to do "jobs that Americans won't do," especially in agriculture. One of my most vivid memories of the late Armen Alchian, an internationally renowned economist at UCLA, involved a lunch at which one of the younger members of the economics department got up to go ... Go To Article

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ROBERT J. SAMUELSON: Taxes help shape multinational companies – WaPo

By at June 10, 2013 | 1:45 am

ROBERT J. SAMUELSON: Taxes help shape multinational companies – WaPo

By Robert J. Samuelson, Sunday, June 9, 2013 We instinctively assign national identities to large global corporations. Toyota is Japanese; IBM is American; Siemens is German; Samsung is Korean. We assume these big firms reflect their national origins and act as informal instruments of government policy. Up to a point, this is probably true. Companies’ personalities ... Go To Article

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APPLE Polishes Software for iPhones, iPads – WSJ

By at June 10, 2013 | 12:15 am

APPLE Polishes Software for iPhones, iPads – WSJ

By JESSICA E. LESSIN, TECHNOLOGY Updated June 9, 2013, 7:29 p.m. ET Next Version of iOS Will Feature New Look, Photo-Sharing Enhancements This week, Apple Inc. AAPL +0.76% will try to regain its shine. The company's annual developer conference, which begins Monday, looms as the latest crossroads as the technology icon struggles to maintain its trendsetter ... Go To Article

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MICHAEL BARONE: Government regs hurt passenger rail | WashingtonExaminer.com

By at June 10, 2013 | 12:05 am

MICHAEL BARONE: Government regs hurt passenger rail | WashingtonExaminer.com

June 9, 2013 BY Michael Barone That’s the message of this paper from the Competitive Enterprise Institute. The writers point out the American safety regulators require passenger rail cars to be much heavier than European regulators do. But over the years, they say, the European cars have proved just as safe, and perhaps more so. The problem is that Amtrak and ... Go To Article

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NIALL FERGUSON: [VIDEO LINK] How America Lost Its Way – WSJ

By at June 9, 2013 | 1:45 pm

NIALL FERGUSON: [VIDEO LINK] How America Lost Its Way – WSJ

It is getting ever harder to do business in the United States, argues Niall Ferguson, and more stimulus won't help: Our institutions need fixing. By NIALL FERGUSON, June 7,2013 The decline of America's institutions, and the related rise in red tape that hinders business, may spell the nation's economic doom. Harvard's Niall Ferguson talks to WSJ's Charles Forelle ... Go To Article

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