Wednesday, May 11, 2011

Wednesday items: Forbes predicts return to gold standard; Stern supports lower corporate tax rates; Goldman on banks' risk aversion.

From Human Events, Steve Forbes predicts a return to the gold standard in the next five years.

The NY Sun notes that Forbes’ comments were picked up as a banner headline on the Drudge Report and wonders why leading Republicans are ignoring the issue.

In Politico, former SEIU president Andy Stern supports lowering the corporate tax rate. (H/t: Ralph Benko.)

On The Kudlow Report, Tamar Jacoby debates the President’s proposal to allow more skilled workers to immigrate to the U.S.:





At Asia Times, David Goldman suggests banks are unwilling to take risks in the current environment.

ABC’s Jonathan Karl reports Newt Gingrich will speak this week to a group organized by Art Laffer as part of his candidacy rollout.

From RCM, Brian Wesbury cites the end of mark-to-market accounting rules in March 2009 as the key to the economy’s recovery.

At TGSN, Ralph Benko explains that gold-backed paper money is highly effective as a medium of exchange and a store of value.

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