Stockman Warns of Crash of Fed-Fueled Bubble Economy

Richard Rubin Bloomberg 4/1/2013

The U.S. economy is in a bubble inflated by “phony money” from the Federal Reserve and will burst within a few years, warned David Stockman, who was budget director for President Ronald Reagan.

In an essay published yesterday in the New York Times (NYT), Stockman wrote that the Fed’s quantitative easing [...]

Trump: Buying NY Times ‘Very Tough’ Deal

Dan Well MoneyNews 21 Jan 2013

Real estate billionaire Donald Trump says he has looked at purchasing The New York Times, but that it would be a difficult deal.

“I think a lot of people are hoping it’s true” that he’d buy it, Trump tells Fox Business Network. “I’ve looked at the numbers. Their numbers [...]

Orszag: Obama lost leverage for fiscal fights ahead

Susan Crabtree The Washington Times 1/3/2013

Despite Democratic claims to the contrary, President Obama’s former top budget adviser thinks his old boss has lost leverage for the budget battles to come in the wake of this week’s deal avoiding an immediate fall over the “fiscal cliff.”

In comments Wednesday on CNBC that were instantly circulated [...]

Obama meets with ‘influential progressive media’ on fiscal cliff

Donovan Slack Politico 12/4/2012

President Obama met with a litany of liberal media personalities on Tuesday to push his tax cut message.

Spotted filing into the West Wing were Arianna Huffington of the Huffington Post and MSNBC’s Rachel Maddow, Lawrence O’Donnell, Ed Schultz and Al Sharpton.

The meeting was not on the president’s public schedule [...]

Niall Ferguson Defends Newsweek Cover: Correct This, Bloggers

First, duck the argument. Second, nitpick. Third, vilify. That’s what Niall Ferguson says liberal bloggers did after reading his Newsweek story on Obama’s record. Here, he offers a point-by-point defense of his argument.

click the image to enlarge

 

Niall Ferguson The Daily Beast 8/21/2012

The other day, a British friend asked [...]

American Liberalism: The Infantile Disorder

R.C. Whalen ZeroHedge 8/4/2012

“The approach of a great storm was sensed everywhere. All classes were in a state of ferment and preparation. Abroad, the press of the political exiles discussed the theoretical aspects of all the fundamental problems of the revolution. Representatives of the three main classes, of the three principal political trends — [...]

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