Yellen Is Spellin' Future Inflation By Lawrence Kudlow
The new Obama Fed is going to be very dovish when it comes to fighting future inflation and defending the value of the dollar.
The new Obama Fed is going to be very dovish when it comes to fighting future inflation and defending the value of the dollar.
The lights must dim around Google's data-storage centers every time someone does a search for "government bureaucrat coming between you and your doctor." Foes of the Democrats' health-reform proposals have been chanting this on the hour for a year -- with a surge after Democrats put money for "comparative effectiveness research" in the stimulus bill.
A year ago, David Axelrod, the president's senior adviser, was a genius. A year ago, Rahm Emanuel, the president's chief of staff, was a wizard.
There's a lively debate going on in the blogosphere and the press about whether Democrats would be better off passing or not passing a health care bill.
The national madness known as "McCarthyism" began 60 years ago in Wheeling, W.V., when Joseph R. McCarthy held up a scrap of paper that supposedly listed the names of 57 State Department officials he said were actually Communists and traitors.
It took me five months to get my first interview with former eBay CEO and California GOP gubernatorial hopeful Meg Whitman, and when I did, it was after a press event where the news reporters were not allowed to ask questions. Swell.
The publishing of the Declaration of Independence 233 years ago by our Founders was responded to in London by two of the 18th century's greatest minds: Dr. Samuel Johnson (after whom a literary age was named) and Edmund Burke (the intellectual father of modern Anglo-American conservatism).
Like most Americans, I haven't seen "The Hurt Locker," but I was still rooting for Kathryn Bigelow to claim the Best Director statue. This is, after all, 2010 -- a little late in the day for "first women," particularly in an industry that depends on women as much as men to buy tickets. If you believe the media accounts, another glass ceiling has now been broken. Were it only so simple.
With the "science" of global warming collapsing like a house of cards, the Copenhagen "climate change" conference accomplishing absolutely nothing and a massive energy tax hike going nowhere in the U.S. Senate, President Barack Obama is now faced with a conundrum.
A big chunk of rock went missing from Mount Rushmore when Paul Volcker broke away in 2008 to stand stony-faced behind candidate Barack Obama. The former Federal Reserve chairman served as a reassuring presence from an older, more orderly financial era that had been sacrificed on the altar of deregulation.
"Stop messing with Texas!" That was the message Gov. Rick Perry bellowed on election night as he celebrated his victory over Sen. Kay Bailey Hutchison in the Republican primary for governor. In his reference to Texas' anti-littering slogan, Perry was making a point applicable to national as well as Texas politics and addressed to Democratic politicians as well as Republicans.
The biggest problem with last week's March 4 Day of Action to Defend Education, which was organized to protest cuts in California's education spending: The event showed how little educators and students value education.
There’s a lot of loose talk on Wall Street right now about the risk of a double-dip recession. I’m not buying it. Now, I’m the first to admit there’s a good debate about the overall strength of the recovery rebound. But the recession ended last June, and I’m still thinking a 4 percent growth rate in 2010 is likely. That could spell another large rally in stocks.
When you ask people why it is that they hate or distrust politicians, the usual answers, understandably so, are all about what gutless wonders most politicians are -- addicted to their polls, determined to stay there at all costs. Campaign promises are about getting elected; once there, they are quickly forgotten. Courage is not a word you hear very often in discussions about politics.
In November, Sen. Chuck Grassley, R-Iowa, asked Attorney General Eric Holder to provide him with a list of Department of Justice political appointees who had represented enemy-combatant "detainees, or worked for organizations advocating on terrorism or detainee policy." The DOJ has not sent him the names.
Seeking to capitalize on the righteous indignation voters are feeling toward President Barack Obama and his Congressional allies, a group of Republican politicians is dusting off an old playbook.
Rather than a post-partisan olive branch to congressional Republicans and the American public, President Obama’s latest health-care speech was a declaration of war.
The 2010 primary season is under way, which at the congressional and gubernatorial levels is often no more than a quiet backwater in America’s electoral process. In recent years, only a few such incumbents have lost their bids for renomination, and only a handful more have had to break a sweat.
What's the worst piece of legislation before Congress associated with the letter H? Most conservatives and Republicans, many moderates and independents, and even some liberals and Democrats would answer: one of the health care bills.
If the earthquakes in Chile and Haiti carry any message for those of us fortunate enough not to live in those places, perhaps it is that government regulation could save your life -- while right-wing ideology may kill you someday.