| Sep 27, 2012
| 6:39 AM
As the Federal Reserve begins another round of money-printing disguised as monetary policy (Quantitive Easing, Round Number 3), it is instructive to review the congressional scorecard of those congressmen who continue to give the Fed this power....
| Oct 1, 2012
| 3:00 AM
I can predict a few things with virtual certainty. For instance, in the upcoming presidential debates, President Barack Obama and Mitt Romney will try to outdo each other in condemning China's economic practices. Their positions will be virtually...
| Oct 9, 2012
| 10:28 AM
The purpose of this letter is to express my strong objection to Baltimore County Executive Kevin Kamenetz's proposal to float a $250 million Pension Obligation Bond (POB). Words make it difficult to accurately express my opposition.
I believe that it...
| Dec 8, 2011
| 11:27 AM
European leaders are working feverishly to create what German Chancellor Angela Merkel is calling a "fiscal union" to restore private investor confidence in Europe and rekindle growth. Unfortunately, what she advocates will thrust Europe into a deeper...
| Jun 13, 2012
| 8:43 AM
The U.S. economy is drifting toward recession, but when Federal Reserve policymakers meet next week, they will have few options.
Jobs creation slipped alarmingly in April and May. Wages, which were rising modestly through the recovery, have been...
| May 14, 2012
| 3:00 AM
Europe's single currency is a bust. With unemployment reaching depression levels in the Mediterranean states, time has long passed to negotiate an orderly return to national currencies.
Euro advocates argue a single currency is essential for creating a...
| Aug 23, 2011
| 11:50 AM
Yes, Rick Perry might seem a little, well, out there with some of his public statements. But the Texas governor has something that our current commanded-in-chief lacks: Overt machismo.
And this cannot be underestimated. Macho men have a long history...
| Jun 29, 2011
| 8:50 PM
Just when it seemed that Lindsay Lohan (yes!) was entering a political debate (yes!) about the nation's economic policies (yes!) it turns out Lohan's new-found political views were just a paid advertisement (lowest of lows).
For those of you not...
| Jul 5, 2011
| 10:56 AM
Contrary to conventional wisdom, the United States does not have to default on its debt, and the Social Security and Medicare checks can continue to go out, even if Republicans and President Barack Obama cannot strike a deal to raise the debt ceiling by...
| Jun 9, 2011
| 7:45 AM
It is time to dispel a few myths. First, we are not overtaxed but under-taxed. Federal personal and corporate tax receipts expressed as a percentage of gross domestic product are at 14.1 percent, the lowest rate since 1951.
The Bush tax cuts have been in...
| Apr 29, 2011
| 4:30 AM
I heard the chairman of the Federal Reserve say he's fighting deflation because it would be bad for the government. It would cause less money to be collected in taxes. He was suggesting inflation would be better for the government even though it will hurt...
| May 2, 2011
| 11:23 AM
Rejected first draft of Donald Trump's final announcement about his political intentions in 2012.
First, let me say how proud I am of myself for heckling Barack Obama until he produced the "long form" of his birth certificate, something no white...