Are Obama’s policies burying the US economy?

Gerard Jackson
Monday 28 March 2011

When Obama ran for president I warned that the man is a dogmatic leftist and Americans — those with any sense, that is — would rue the day he sat in the Oval Office. Since then I, along with many others, also pointed out that if unchecked his policies would result in economic stagnation and inflation. Well, this now seems to be the case. Continue reading Are Obama’s policies burying the US economy?

The failure of Roosevelt’s New Deal proves why Obamanomics cannot work

Gerard Jackson
Monday 8 November 2010

Americans are still regaled with tales that Obama’s spending binge and massive deficits are vital to an economic recovery. As evidence many of his supporters are citing Roosevelt’s New Deal as proof that deficits work. In fact, the New Deal was an economic disaster that kept the US in depression until WW II restored full employment.

Continue reading The failure of Roosevelt’s New Deal proves why Obamanomics cannot work

Has the Democratic Party become a socialist party?

Gerard Jackson
Monday 8 November 2010

A socialist state is defined as one in which the economy and much of one’s personal life is centrally planned, meaning that the rulers and their bureaucracy decide what is to be produced, which lines of production are to receive investment and which are not, how much is to be consumed and invested, etc. (Irrespective of what some socialists assert it is impossible to impose central planning without controlling the people.)

Continue reading Has the Democratic Party become a socialist party?

Bernanke’s snake oil and Obama’s leftism will be the undoing of America

Gerard Jackson
Monday 1 November 2010

What is truly remarkableis that any Democrats at all will survive the mid-term elections given that there probably has never been a more incompetent and dogmatic administration than Obama’s White House carnival. What passes for economic policy is a complete shambles, and Bernanke’s crude Keynesianism is only aggravating the country’s pain.

Continue reading Bernanke’s snake oil and Obama’s leftism will be the undoing of America

Barney Frank’s pattern of disgrace and corruption

Chuck Morse
Monday 1 November 2010

The most recent Barney Frank scandal involves the congressman accepting a gift of a round trip fight on a luxury jet from S. Donald Sussman of Paloma Partners, a hedge fund manager who had previously received a $200 million federal bailout as a subsidiary of AIG.

Continue reading Barney Frank’s pattern of disgrace and corruption

Obama’s leftwing beliefs created current conditions

Gerard Jackson
18 October 2010

I warned from day one that an Obama presidency would be a disaster for the US economy (not that it’s doing the body politic any good). Let us first clear the air about who is to blame for starting the recession. The culprit is lousy economics. If it were not for the central banks’ appalling lack of genuine monetary and capital theory the boom-bust cycle would be a thing of the past. (The early classical economists had a better understanding of the banking system and it affect on the economy than any central bank’s ‘research’ department.)

Continue reading Obama’s leftwing beliefs created current conditions

Deficits, taxes and the Democrats’ hypocrisy

Gerard Jackson
Monday 18 October 2010

Raising taxes to eliminate the Obama’s deficit would be thoroughly destructive. But when it comes to taxes the Americans have been there before, along with everyone else. A look at the 2004 election tells us that the Democrats have learnt nothing from history, nor do they want to.

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Progressives and Communists: Out of the Closet — Together

Paul Kengor
Monday 18 October 2010

A close look at the Saturday “One Nation” rally in Washington reveals something quite telling. It was a major gathering of the “progressive” left, highly billed, vigorously promoted. And it happened to include — in fact, it warmly accepted — the endorsement of Communist Party USA.

Continue reading Progressives and Communists: Out of the Closet — Together