Brookes News update

Obama's spend, tax and borrow policies will wreck the US economy : Obama's massive spending binge is built on a myth. A myth that could have the severest consequences for American living standards. His administration's understanding of how economies works is minus zero. He and his advisors are infatuated with statist solutions for problems created by statist policies and lousy economics
American union leader's wage argument collapses along with Krugman's : Mike Fishman, like his fellow union leaders, is a thoroughgoing economic ignoramus who doesn't give a stuff about America. His argument in favour of compulsory unionism is totally dishonest and anti-democratic. Moreover, the idea that unions raise living standards is a dangerous myth that the left and the Democrats have fostered. If Obama gets his way union militancy could see a replay of 1937 when it destroyed a potential economic recovery
What is Obama's 'Stimulus' bill all about? : Obama's phony stimulus will supply the corrupt Democratic Party with billions of taxpayers' money for years to come. It will give it opportunity to become the dominant political party for the next generation massive payoffs to the special interests, creating millions of dependents and setting up more bureaucracies that will defend their interests, They want a one-party system headed by a popular man and they damn well intend to get it. By electing Obama did America's inadvertently deal a fatal blow to the very foundation of their republic?
The Obama Steamroller: Is resistance futile? : If Obama wins two terms he will turn the US into a European like economy, with much slower growth prospects, crushing deficits, increased entitlement and spending as far as the eye can see. And of course, there will be the need for ever higher tax rates on the diminishing share of the population who pay income taxes, and for ever larger amounts of debt to be financed mostly by foreigners. Europe will have arrived. Obama will have succeeded in his dream to destroy America as a superpower. He will have done to the US what Peron did to Argentina. It won't be "Don't cry for me, Argentina" but "Don't cry for me, America"
Obama's Economics: Financial Stability, or Fascist Decline?: History and economics is not on the side of the Obama administration. Yet as long as he continue to insist on a government solution, so long will the market continue to flounder and corporations fail. And the blame will rest securely on his government which will have manipulated the economic crisis for its own selfish ends
Mandating markets for wind power - a stealth tax on electricity consumers : Federal and some state governments stand accused of trying to impose stealth taxes on electricity consumers by forcing power retailers to buy expensive power from inefficient and costly renewable energy sources. There are no climate benefits whatsoever in forcing consumers to buy an increasing proportion of their electricity from expensive and unreliable suppliers like wind farms

Posted by John Ray. For a daily critique of Leftist activities, see DISSECTING LEFTISM. For a daily survey of Australian politics, see AUSTRALIAN POLITICS Also, don't forget your daily roundup of pro-environment but anti-Greenie news and commentary at GREENIE WATCH . Email me (John Ray) here

No comments:

Post a Comment

All comments containing Chinese characters will not be published as I do not understand them