BrookesNews Update

The Obama economy and the stock market: What gives with the markets? The recent rally did not reflect any improvement in the real economy, which is still contracting. Perhaps it is time that economic commentators took an interest in Bernanke's monetary shenanigans and how they might be influencing the markets not to mention their possible detrimental effect on future economic developments
Obama challenges the law of markets : Obama's economic policies are guaranteed to solve nothing while doing a great deal of harm to the US economy, even if Bernanke's monetary expansion works in the short term. Unfortunately, it is far easier to state an economic fallacy than it is to refute one. This is why refutations tend to be rather lengthy
Christian socialism: an oxymoronic doctrine: Christian socialists are just as ignorant and as bigoted as secular socialists when it comes to the market place and capitalism. To read this lot you would think the world was on the verge of destruction and that the 'exploited' masses are clothed in rags. Fortunately Obama has arrived to save the day
Booms and busts are like whiskey and gunpowder : The Fed raised interest rates and flooded the market with dollars 80 years ago, and caused the great depression. It did the same thing between 1995 and 2000, by increasing the money supply 52 percent, which caused the 'dot com' bubble to burst. The Fed's lowering interest rates eleven times to help us out of the dot com bubble, started the housing bubble. And as is par for the course the free market gets the blame for the consequences of the Fed's gross monetary mismanagement
Recession and Recovery: Six Fundamental Errors of the Current Orthodoxy : The Obama administration's ambitious plans for government action on many fronts fill vulgar Keynesians with hope that a Great Leap Forward is now beginning in which huge increases in government spending, debt, regulations and monetary expansion will transform the US economy into a Statists paradise. It ain't going to happen
Has illegal immigration and its effect on education become the "third rail of politics?" : The Democrats implicit support for illegal immigration and a corrupt media's vicious demonization of anyone who raises the issue has had catastrophic consequences for California. The idea that open borders promote growth and harmony has been exposed as a sick joke
Democrats fiddle while America burns : While the Obama administration blunders on the investment drops, unemployment rises, allies are insulted, foreign affairs goes to hell and America's enemies make hay while a corrupt media run interference for him. But the guy still gives great speeches

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

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