"Words that make actions speak louder."
Andrew Reinbach is right. Deservedly or not, the political gods continue to smile on the Democrats, gifting them with an opposition so predictable and caricaturized — from punishing the unemployed, to defending Wall Street — as to be right out of central casting. Now, the GOP has morphed into the party of BP. Except that […]
Over the weekend China announced a change in its currency policy. But is it for real? Or is it designed to head off Congressional action? So far China has pulled away the football. Their Central Bank was buying up dollars as usual to keep the currency from rising. WSJ: China Central Bank Tames Yuan Appreciation […]
By Tuesday, it will have been five days since Rep. Joe Barton, R-Texas, got rapped on the knuckles by the House Republican leadership for the sin of repeating a Republican talking point at an inopportune time. That talking point, you’ll recall, is that BP is the victim of a “$20 billion shakedown” by the Obama […]
In today’s W. Post column from Robert Samuelson, at one point he writes, “This is intellectually shallow.” If he was referring to his own work, he’d be right. But he was trying to attack the President as dishonest about his energy policy, claiming that Obama is peddling a clean energy “pipe dream” when the bravely […]
America needs an economic/industrial policy like other countries have. THAT is how we will pay off our debt — by earning money. You may have read about the back-and-forth on Chinese currency this weekend. China said they would let their exchange rate adjust, and then pulled the football away. The deal is that China manipulates […]
“What do I have to do to get you into this car?” How much can you afford to pay every month?” ” “My manager’s in a good mood.” These are the car salesman cliches everybody knows. Now they’re trying to add a couple more to the repertoire: “When you take out a car loan – […]
China’s central bank announced over the weekend that it will gradually loosen their currency from its tie to the dollar (but see note below). China said they will allow the currency to appreciate, saying that their economy is recovering. This appreciation will encourage Chinese consumers to boost consumption and is good for American manufacturing and […]
Did an interview this morning on Hannah-Beth Jackson’s radio show, Progressive Talk Radio in Santa Barbara. The topic was the current state of financial reform in Washington. Click on the “download” link and it will start playing. (There’s a burst of static a few seconds in – sorry about that!). Here it is: Download […]
Our economy would become the world’s most innovative, our elites have assured us over the past 30 years, if we gave our rich enough incentives to innovate. We kept to our end of the bargain. So where’s the innovation? The pollsters at Gallup have never asked Americans to name the world’s most technologically advanced nation. […]
The sound that American wind turbines produce as their giant, breeze-propelled blades whip around is a distinctive: Neh-neh-neh-neh-neh-neh. The anticipation is that those energy-generating, whirling arms would create a whooshing sound. And maybe they do in some countries. But here, in America, they echo the almost melodic taunt of a schoolyard victor — Neh-neh-neh-neh-neh-neh: You […]