Thursday, April 17, 2014

Thursday News: Stephen Moore clarifies who shrank the deficit; John Tamny praises Rich Kaarlgard’s new book "The Soft Edge."

Politics and Government

In National Review, Stephen Moore clarifies who shrank the deficit.

At Forbes.com, John Tamny praises Rich Kaarlgard’s new book The Soft Edge

From Forbes.com, Ralph Benko explains why only Mark Zuckerberg can transform immigration policy.

Monetary Reform

At TGSN, Ralph Benko channels Pliny the Elder to examine the longstanding confusion between gold and the gold standard.

Tax

The Washington Times says wasteful spending is responsible for your tax day woes.

In The Federalist, Sean Davis gives 8 infuriating facts to remember on tax day.

At ATR, Ryan Ellis lists the top seven reasons why the IRS shouldn’t do your taxes for you.

Spending


In International Liberty, Dan Mitchell lists more Obamacare failures.

Sunday, April 13, 2014

Weekend Wrap Up: Larry Kudlow criticizes Yellen’s low-flation nonsense

Politics and Government

From Bloomberg, Simon Kennedy and Ilan Kolet say the U.S. global growth engineis no longer purring.

On ABC News, Harry Dunphy and Martin Crutsinger report on the conclusion of the IMF meeting, fragile economic growth.

Monetary Reform


At National Review, Larry Kudlow criticizes Yellen’s low-flation nonsense.

In USA Today, Paul Davidson reports Fed minutes show concern about confusing markets.

At MarketWatch, Rex Nutting writes the more the Fed explains, the less markets understand.

World

In The WSJ, Wayne Arnold believes China is saying “please excuse us while we renovate our economy.”

From TGSN, Kathleen Packard says France and Italy are swimming against the tide of European austerity.

Friday, April 11, 2014

Friday Update: Nathan Lewis rivals Buckminster Fuller for sheer "anticipatory design scientist" genius in promoting traditional cities; Robert Romano writes you can thank the Fed for paying too much at the grocery store and at the pump.

Politics and Government

At Forbes.com, Nathan Lewis rivals Buckminster Fuller for sheer "anticipatory design scientist" genius in promoting traditional cities

From National Review, Stephen Moore says the real wage crisis has to do with men.

At International Liberty, Dan Mitchell states a member of Obama’s Council of Economic Advisers admitted the “77 cent pay gap” claim was bogus.

Monetary Reform

Sens. Rubio and Cruz write a letter to Treasury Secretary Lew asking that all options, including a currency board should be considered for Ukraine, rather than the IMF's prescription for devaluation.

From NetRightDaily, Robert Romano writes paying too much at the grocery store and at the pump? You can thank the Fed.

In Cayman Financial Review, Julian Morris praises Christopher Chivvis’ book on Jacques Rueff.

“A lifelong supporter of sound money backed by gold, Rueff sparred with Keynes on numerous occasions. Chivvis describes a meeting between the two in the 1920s:

To Keynes, Rueff was a leading French proponent of the “Treasury view” Keynes thought so recondite. To Rueff, Keynesianism was a disease, a drug politicians used to placate the masses. Keynes saw activist fiscal and monetary policy as a means of salvaging liberal democracy from the threat posed by the unemployed masses – otherwise tempted by fascism. By contrast, Rueff thought Keynesianism inevitably created inflation and that, in the democratic context, this would have precisely the opposite effect – inflation would make the masses more susceptible to the allure of tyrants masquerading as conservatives and promising to restore order.”


At TGSN, Ralph Benko uses the Aeneid's quote  "Easy the descent into Hell" to put forward some source documentation on the mixed gold-paper standard put into effect in 1922 by the Genoa international monetary conference.

Tax

The Washington Post details IRS collection of ancient debts of family members without due process, producing pan-ideological disapproval

House oversight committee votes along party lines to hold former IRS official Lois Lerner in contempt of Congress

In National Review, Amity Shlaes counters Capital in the Twenty-First Century.

From Forbes.com, Bill Frezza moderates a debate between Grover Norquist’s debate and Robert Reich.

Tuesday, April 8, 2014

Tuesday News: In The Daily Reckoning, Ron Paul reveals the most important thing holding up the U.S. dollar; The NY Sun discusses Yellen’s missing jobs, how the Federal Reserve has fueled unemployment.

Politics and Government

At Forbes.com, Jerry Bowyer believes the arguments against high frequency trading are beside the point.

From Forbes.com, Ralph Benko says if Rand Paul does not run for President, the U.S. should re-unite with our mother country by drafting London Mayor Boris Johnson.

Monetary Reform

In The Daily Reckoning, Ron Paul reveals the most important thing holding up the U.S. dollar.

The NY Sun discusses Yellen’s missing jobs, how the Federal Reserve has fueled unemployment.

In The Fiscal Times, Mark Thoma writes the Fed’s Board of Governors could soon be severely shorthanded.

From CNBC, Patti Domm asks if the Fed will rock the boat again.

Zee News reports the IMF trimmed their growth outlook for emerging markets.

At TGSN, Kathleen Packard writes those who have jobs do not have sufficient disposable income.

Sunday, April 6, 2014

Weekend Round Up: In the Pittsburgh Tribune- Review, John Browne slams the Fed’s overemphasis on consumption and growing balance sheet.

Politics and Government

In Businesweek, Henry Meyer reports Russia’s growth was already slowing down- then came Crimea.

From Bloomberg, Annie Linskey and Kathleen Hunter say the chance of a minimum wage rise are so remote that lobbyists are ignoring it.

Monetary Reform

In the Pittsburgh Tribune- Review, John Browne slams the Fed’s overemphasis on consumption and growing balance sheet.

“Clearly, the Fed is bent on encouraging consumption. But America has been consuming more than it has produced for decades, financed largely by investment from foreign nations and encouraged by the dollar's status as the world's International Reserve. Under increasingly serious challenge, any loss of reserve status would present Americans with acute economic and financial hardship not seen since World War II."


In The WSJ, Jon Hilsenrath says the jobs report keeps Fed policy on its current path.

Bloomberg publishes Yellen’s labor market dashboard, believes a rate rise is far on the horizon.

At TGSN, Ralph Benko writes a grotesque caricature of the gold standard caused the great depression.

Tax

ATR praises New York lawmakers for passing tax cuts.

At National Review, Larry Kudlow defends Charles Koch, says we need more liberty and freedom to restore economic prosperity.

Wednesday, April 2, 2014

Wednesday News: In Asia Times Online, Noureddine Krichene says the Fed is to blame for high food prices.

Politics and Government

From Forbes.com, Ralph Benko lays out  how Puerto Rico can get Washington’s undivided attention in its bid for statehood. 

Monetary Reform

In Asia Times Online, Noureddine Krichene says the Fed is to blame for high food prices. 

At FT, Tracy Alloway reports credit bubble fears put central bankers on edge.

In The Economist, R.A. writes the Fed has failed its three-part mandate. 

From Forbes.com, Brian Domitrovic believes the weak dollar is Putin’s enabler.

At TGSN, Ralph Benko discusses Herr Jens Weidmann’s (president of the German central bank) speech on “the lure of gold."

Tax

Investor’s Business Daily states France’s socialists are trying supply-side economics-again. 

Regulatory Reform

Veronique de Rugy and Patrick McLaughlin write Congress should reform regulations to create jobs, praise the Jobs Act.

Sunday, March 30, 2014

Weekend Round Up: Steve Forbes endorses the Centennial Monetary Commission in Forbes Magazine; IMF to impose draconian austerity on Ukraine?

Politics and Government

From Forbes.com, Steve Forbes praises the Commerce Department’s decision to provide gross output numbers on a quarterly basis; at Town Hall Mark Skousen calls this a victory for supply-side economics.

At Forbes.com, John Tamny wonders if global warming alarmists Shane Smith and Bill Maher are moving to Texas.

Larry Kudlow signs off CNBC with a salute to freedom and faith.

Monetary Reform

Steve Forbes endorses the Centennial Monetary Commission in Forbes Magazine.

Ralph Benko discusses TGSN’s recent nomination for nonprofit “Blogger of the Year” by the National Bloggers Club.

From Bloomberg View, Barry Ritholtz shows the real price of gold adjusted for inflation, notes that the last time we saw a comparable spike in price was in the aftermath of Nixon’s decision to abandon gold.

Regulatory Reform

At Forbes.com, Clyde Wayne Crews praises Senator Rubio’s  “National Regulatory Budget Act.”

Tax

At Indy Star, Tony Cook reports Governor Mike Pence signs business tax cuts into law, makes Indiana’s corporate tax rate the second lowest in the country.

In USA Today, Elaine Povich reports states are pursuing tax cuts, details infighting between Mayor de Blasio and Governor Cuomo.

At International Liberty, Dan Mitchell writes from France to New Jersey, high tax rates are economic poison.

World


IMF to impose draconian austerity on Ukraine?