What emails reveal about the administration’s vindictive activities after America’s credit downgrade.
Who cooked up this absurd advertising campaign crowing about General Motor’s lies that it paid back its taxpayer-funded loans “in full and ahead of schedule”? When I first saw the GM Ed Whitacre ad, I instantly knew this had to be some kind of trick. (GM Repaid Government Loan Ahead of [...]
Glenn Beck expressed alarm on his TV show that so many lawmakers on Capitol Hill seem willing to go along with the Obama administration’s planned crackdown on Wall Street (no video; transcript here):
Is it just me who thinks this is a bad idea? Am I alone? I guess so, because even Republicans are OK with [...]
The White House said yesterday it has damped down a political revolt against Ben Bernanke and now has the votes to secure the Federal Reserve Chairman’s second four-year term. Whether or not Mr. Bernanke is confirmed, the lesson we draw is that overly political central bankers will eventually be undone by politics. There’s no doubt […]