So says Dan Greenhaus, chief economic strategist for Miller Tabak & Co. in New York. “If he was a Republican, we would hear a never-ending drumbeat of news stories about markets voting in favor of the president.” What exactly would we hear about? Why that would be the numbers that have gotten Wall Street’s attention. […]

Our friends at the Grand Old Preventative are proposing a spending freeze. “We’re advocating that Congress freeze all federal spending immediately,” said Rep. Mike Pence (R-Ind.), the chairman of the House Republican Conference, during a Tuesday luncheon at the conservative Heritage Foundation. “People out there are hurting, and they understand what you do when times […]

It’s been a while since I’ve made a regular contribution to the blog. The reasons are varied for my absence. Suffice it to say I’ve been otherwise engaged. Last night the Congress, excuse me the Democrats, an Independent and three Republican Senators, came to the rescue of the American economy by passing the American Recovery […]

The outgoing administration has proposed an bailout for GM and Chrysler. According to the New York Times Bush Approves $17.4 Billion Auto Bailout. President Bush on Friday announced $13.4 billion in emergency loans to prevent the collapse of General Motors and Chrysler, and another $4 billion available for the hobbled automakers in February with the […]

The Secretary of the Treasury has come to us as the savior of the economy, trust us he says. Elsewhere Senator Mitch McConnell of Kentucky, the Republican leader, said in a statement, “This proposal is, and should be kept, simple and clear.” “The free market for all intents and purposes is dead in America,” Senator […]