Wall Street Journal

Obama’s Inaugural Speech

The best, concise summary of Obama’s speech appeared in an editorial in the Wall Street Journal: Mr. Obama’s second inaugural was a clarion call to “collective action,” as he put it, and Tuesday’s speech showed what he thinks that should mean in practice. “The American people don’t expect government to solve every problem,” he said, while proceeding to offer a [...]

The Non-Politically Correct Economic Report Card on The Recovery

All politicians treat the truth the way Dracula reacted to a Cross. They are threatened by it. They run away from it. The prelude to an election is especially difficult for anyone seeking the truth. Politicians from both sides assault, distort and manipulate it beyond recognition. Media rarely calls out blatant lies. Deceit has become an acceptable and powerful political [...]

Richard Maybury Speaks — The World Is In Trouble

Richard Maybury is a prescient guy. From his website comes this description: Richard Maybury is widely regarded as one of the top free-market writers in America. His articles have appeared in the Wall Street Journal, USA Today and other major publications. President of Henry Madison Research, Inc., Mr. Maybury is a world-renowned author, lecturer and analyst who consults with business firms and individuals [...]

Mauldin on Europe

John Mauldin’s latest newsletter (which is free and you should sign up for) provides his thoughts regarding Europe (and some implications for the US). As Mr. Mauldin indicates, there has been no resolution of the crisis, only a temporary respite from it:  Sweden, the Socialist Mecca I was brought to Stockholm to speak for Swedbank. They arranged for me to [...]

Stock Market No Place For Pros

There is, or should be, a great deal of unease with regard to our non-recovery. The average investor has had a nice recovery in the stock market, but the sophisticated investors recognize that recent results are likely much ado about nothing. As the Wall Street Journal reported in an article entitled You Hear That? It’s Quiet…Too Quiet: For many, this year’s [...]

Beware of The Young and Dissatisfied

The young and dissatisfied are the foot soldiers of revolutions. Our young, both the “haves” and the “have-nots” are headed for more disappointment and dissatisfaction. Government has expanded beyond the level which can be sustained. The biggest threat to the country is probably the “entitled,” non-workers who believe they have a right to live at the expense of others. Some [...]

Obama’s Worst Week Yet

Daniel Henninger, writing in the Wall Street Journal about Obama’s worst week, stated: Mr. Goolsbee announced he was departing the White House for the irresistible pull of academic tenure. What this signifies is that Mr. Goolsbee, a reputable economist, knows that in terms of economic policy, the Obama armory is empty. From within the exclusively demand-side context of the president’s [...]

Paul Johnson

Paul Johnson is one of my favorite reads. He is an eminent historian and unlike other historians does not interpret the world through a statist prism. He has reportedly written over 40 books, most of them long and informative. A recent article on him appeared in the Wall Street Journal. His opinion regarding how and when things changed in this [...]

WSJ on ObamaCare

From the Wall Street Journal on yesterday’s ObamaCare decision: As Judge Vinson took pains to emphasize, the case is not really about health care at all, or the wisdom—we would argue the destructiveness—of the newest entitlement. Rather, the Florida case goes to the core of the architecture of the American system, and whether there are any remaining limits on federal [...]

Walter Williams Interview

Jason L. Riley of the Wall Street Journal has an interesting interview with Walter Williams entitled “The State Against Blacks.” The title references a book written by Mr. Williams in 1984, but the interview is about Mr. Williams and his life: ‘Sometimes I sarcastically, perhaps cynically, say that I’m glad that I received virtually all of my education before it [...]

Another Blow to the Economy

While the Obama Administration may not know economics and sound policy, that doesn’t mean others don’t. In what undoubtedly will be looked at as “unfair,” Canada has taken the proper action. Look for even more jobs to emigrate from the US. From The American Thinker: Canada slashes corporate tax rate to 16.5% Thomas Lifson American lefties typically gaze northward with [...]

Treasury Bonds Signaling Recovery or Armageddon?

The Wall Street Journal commented in a puff piece on the recent rise in interest rates: Count us among the optimists who think this is good news, a sign that markets are concluding that the economy is improving as major policy obstacles recede and the risk of deflation vanishes, if it ever existed. This graph shows the dramatic rise which [...]