Spain Suffering from Zapatero’s Mistakes
Even as Prime Minister Zapatero announces budget cuts and reform, Spain’s hopes for a quick recovery aren’t looking up.
Socialism
Labour Elects New Leader
The British socialists opt for a more obviously leftish course with the election of Ed Miliband as party leader.
Spain Remains Mired in Recession
Despite high unemployment, Spain’s government is delaying labor reforms.
The Government Boot on Your Doctor’s Neck
We live in an age when the Secretary of the Interior and the White House Press Secretary proudly and publicly proclaim that they will keep their “boot on the neck” of an oil company. This new manifestation of “hope” and “change” is ominous at a time when the government is rapidly escalating its involvement and […]
Even Spill Won’t Convince Tea Partiers
As the Democrats are expected to use BP’s oil spill to push for stricter regulation of business in the United States, left-wing commentators are wondering why even the disaster in the Gulf won’t convince small-government conservatives. The Obama Administration and the Environmental Protection Agency (EPA) — which rarely urges passage of specific legislation — both […]
Obama’s War on Capitalism
Barack Obama inherited two Middle East wars from his predecessor and countless of struggles labeled as such from the many presidents that came before him, ranging from a critical War on Terror to an endless and largely futile war on drugs. His administration has so far added one notable campaign to this list — a […]
Thatcher Proves Krugman Wrong
The British leader showed that there’s an alternative to Keynesianism.
Greece Should Get To Work
The meltdown in Greece of last April exposed not just the economic weakness of this particular South European state; uncertainty about public finances was suddenly abound throughout the European Union. A multibillion euro rescue plan necessitated unprecedented efforts to guarantee the stability of the common currency. German chancellor Angela Merkel even warned that the very […]
Who’s to Blame?
In the wake of the Deepwater Horizon oil spill that began on April 20, the question has been asked in media both left and right: who’s to blame? From Time magazine to The Washington Independent to cable news, journalists seemed more obsessed about wondering who is responsible than reporting on the actual catastrophe. In all […]
Don’t Count Out Free Markets Just Yet
Except for China, there hasn’t been an economic success story in history that wasn’t built on free markets.
How to Solve Youth Unemployment
The New York Times predicts desperate times ahead for America’s youngsters. The recession has diminished most of the remaining part-time job opportunities previously available to young people during the summer, “despite a summer jobs program that was paid for through the stimulus package.” The problem is severest in poor, minority communities. “Those are the places […]
Still Government Motors
General Motors CEO Ed Whitacre boasted in The Wall Street Journel last week that his company paid back its government bailout “in full, with interest, years ahead of schedule.” GM has subsequently began running advertisements promoting its financial responsibility while proponents of the bailouts are yelling, “I told you so!” But, writing for Forbes, Shikha […]
Witch Hunt
A series of Goldman Sachs executives, chairman and CEO Lloyd Blankfein included, were called to Washington this Tuesday to testify before the United States Senate. The firm is front and center in the Democrats’ quest for Wall Street reform, such as preventing banks from becoming “too big to fail” lest taxpayers once again be called […]
Meltdown in Greece
The crises in Greece sends shockwaves around the world and inspires recriminations everywhere.
The Democrats’ “Secular Socialist Machine”
Former Republican House speaker chastises the Democrats’ left-wing policies.