BrookesNews Update

Is the US economy recovering or isn't it? : Obama's regulatory zeal will have the effect of making the US economy increasingly sclerotic, slowly squeezing out of it the entrepreneurial spirit that once made it the economic envy of the world. But one should think of Obama's regulatory straitjacket as the anvil and his spending and borrowing programs as the hammer with America as the work in progress according to Obama's dream of a New America, one that has been transformed by his socialist vision
Kevin Rudd and the mining industry's super profits myth: The tax on so-called super profits is first cousin to the rent resource tax and is equally fallacious. We have reached this sorry situation because the mining industry overlooked the fact that ideas — particularly bad ideas — really do matter. Judging by the comments from industry leaders they still haven't absorbed the lesson
The monetary system is beyond reform : The question of whether the global monetary system is beyond help is a vitally important one for economic progress and political stability
George Soros' currency dealings: No speculator, no matter how rich, ruthless or bold can break any sound currency. So how did Soros make a fortune from a sinking British pound. And what did German officials have to do with it?
Jimmy Stewart's Thunder Bay — Hollywood Prophecy : The greens and their media stooges are calling the BP oil spill in the Gulf of Mexico a disaster. And it is — for the families of the 11 oil men who lost their lives. These are the forgotten people. What the media and the greens refuse to tell the public is that drilling in the Gulf has been an environmental bonanza for marine life
Illegal immigrants are useful tools Of the left : Illegal immigrants are now just pawns serving the far left, something that. Newspapers like the Los Angeles Times and wire services like the Associated Press and Reuters know but refuse to report. So who are the leftist groups organizing these rallies and why do they want open border? Because a country with open border will eventually cease to be a country
America's growing vulnerability to an economic catastrophe : If Obama refuses to change course the USA will face a debt-to-GDP ratio of 104 percent and an annual budget deficit of 9.7 percent of GDP by 2019. This nation will become the next Greece. The United States, unlike Greece, will not have the European Union or the IMF to turn to. Where, then, will the monies come from if the worst occurs?

Posted by John Ray (M.A.; Ph.D.). For a daily critique of Leftist activities, see DISSECTING LEFTISM. To keep up with attacks on free speech see TONGUE-TIED. Also, don't forget your daily roundup of pro-environment but anti-Greenie news and commentary at GREENIE WATCH . Email me here

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