economy and economic growth

The US is definitely in recession
In the second quarter of the year GDP grew by 2.8 per cent. This was up from the 0.9 per cent increase posted in the first quarter. With GDP positive there can be no recession. Wrong. The US is definitely in recession

Can congress save the US economy from recession?
Supporters of the rescue package believe that without it there would be severe economic disruptions. This amounts to financial support at the expense of the taxpayer for a variety of phoney financial activities. The result is more political controls that will hamper genuine economic growth

Why the congressional bailout won't solve the credit crisis
The bailout cannot solve the problem because the real problem is one of lousy economics and an equally lousy understanding of economic history as well as the history of economic thought. So we can all look forward to more economic crises followed by more destructive politically inspired intervention

Brumby urges Rudd to repeat the Whitlam disaster and flood the economy with 'cheap credit'
The economic situation is bad and not a single Liberal politician knows why or even seems to care. So when Brumby, advised by some vulgar Keynesian on the taxpayers' dollar, urged the government to flood the economy with phony bank deposits, not a single Liberal politician could refute his quackery. And this lot want the electorate to vote for them

You’re an angry feminist? That’s so cute
Their shameful attacks on Palin and her family have revealed that liberal Democrats, the mainstream media, and those malicious hacks in the 'progressive' blogosphere are willing to navigate the deepest, darkest sludge of slash-and-burn politics to see their man, Barack Obama, elected President

Sarah Palin and the Experience Factor
"Palin accomplished more in 18 months than most governors do over full terms, including facing down a corrupt and entrenched old-boys network and bringing the oil companies — the state's biggest business — to heel, and completing a pipeline agreement with Canada. What did Obama ever do?

Obama advisors received millions instead of jail terms
The party of fraud, vote rigging, slander and treason has done it again. The three Democrats who looted Fannie Mae to the tune of scores of millions of dollars are now top advisors to Obama. As expected, the diseased media have refused to report or investigate

Israel on the brink as the winds of war from Syria and Iran gather intensify
Muslim enemies of Israel are getting ready — with the help of Putin — for another war. One that will, they hope, destroy Israel and finally bring about the total extermination of the Jewish race

Obama’s economic agenda: This is change?
Any economists worth his salt knows damn well that equalizing incomes means attacking economic growth. But that doesn't bother Obama. He intends to raise capital gains taxes even though he knows it would damage economic progress. So what is fair about that?

The historical thinking behind America's credit crunch
The public is not getting the facts about the financial crisis. Instead, paper are publishing nonsense about "market failure". The real failure belongs to central bankers and politicians who remain oblivious to the monetary forces that the central banks unleashed on their economies

Will Paulson’s plan save the US economy?
Mortgage-linked assets are regarded as at the root of the present worst credit crisis since the Great Depression. Thereby removing them will solve the present crisis. But is this true? Are their deeper forces at work, forces that Bernanke and Paulson do not understand?

Why America is not facing another Great Depression
There is no doubt that Bernanke has been deeply influenced by the great depression. Unfortunately he has no real understanding of what caused it and then prolonged it. It is this lack of understanding that will build up future problems. This is why the current mess is so dangerous

America's credit crunch — we've been there before
What the public needs to understand is that the crisis was made unavoidable by bad economic economics. The kind of economics that thinks monetary expansion is necessary for the maintenance of economic growth

Do we really want to socialize our financial system? Part 1
"Sometimes the cure is worse than the disease and this is one such case; better to let the country take the medicine and work things out without more government interference. We only have the people who caused whatever problems we have in the first place who say we are in a crisis and our world will end if we don’t spend more money

Do we really want to socialize our financial system? Part 2
Henry Paulson and President Bush' proposal has been seized upon with relish by Democrats in congress. The mere fact that someone like Senator Harry Reid is promoting this plan should itself raise skepticism in the minds of the rest of us and suggest that the Paulson-Bush proposal is bad for the country

Obama runs away from a lawsuit
September 24 was the deadline for Barack Obama to file a response to the lawsuit, filed by Democratic lawyer Philip Berg, which charges Obama of not fulfilling the constitutional requirements to be elected president

Why America's economic crisis was unavoidable
As the financial crisis unfolds Americans have nothing to fear other than Congress. The Fanny Mae and Freddy Mac crisis is part of a larger and far more serious economic crisis, one that few economic commentators foresaw. There is nothing new here; financial crises are as old as banking itself. Fortunately the fear of another Great Depression are baseless

Can the US Government save Fannie Mae
and Freddie Mac?
To save Fannie Mae and Freddie Mac from total collapse taxpayers will have to foot a massive bill. This means a further squandering of America's already depleted pool of real savings. It is only wealth generators that can revive the economy by accumulating enough real capital. This is the real cost of FF — the cost taxpayers do not see

Good job figures point to gloom times ahead
Regardless of what our Panglossian economic commentators are saying: one-third of Australia is not in recession. What we are seeing is the first material signs of a genuine recession and one that our economic commentariat is unable to explain

Media yawn as new museum honors Saddam’s Abu Ghraib victims
When Abu Ghraib popS up in the news the leftwing media go on instant alert, sensing a renewed opportunity to negatively portray the Bush administration. But when the Iraqi government announced last week it was going to reopen the notorious prison as a museum honours the victims of the horrors committed there in years past, a collective yawn greeted the statement, proving that they are nothing but lying political bigots

Fannie May and Freddy Mac: the time bomb
finally explodes
If you think that Fannie and Freddie’s bust is a big deal, just wait until Medicare comes crashing down. Then, the wailing and gnashing of teeth will be truly unbearable. As that day rapidly approaches, however, you’ll notice that the politicians are doing utterly nothing to forestall it

Discreet influences
Guénon, the author of the decay of the European West, had concluded in the 1920s that only three ways offered themselves to this civilization: the fall into barbarism, the restoration of the Catholic Church, or Islamization

The Book-Banners Hollywood Ignores
The September 11 terrorist attacks didn't turn celebrity leftists into hawks. But the minute they started reading false rumors about Sarah Palin restricting unfettered access to Daddy's Roommate and Heather Has Two Mommies in her hometown library, Tinseltown's docile doves became militant warmongers

Why not use food as leverage for oil?
"If those leading America in the future had fortitude to do so, food could be used as part of a geopolitical strategy to make our country secure and as a counterweight to oil extortion. This may seem crass to liberals but our enemies do not share their sensitivities. We cannot continue to defend ourselves without using all our weapons in a world where our enemy only recognizes strength

The structure of the revolutionary mind
When revolutionaries like Che, and Hitler's operatives murdered innocent people, they blamed their victims for making them do it by refusing to go along with their revolutionary notions. This is where moral relativism leads

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   The Carbon Coalition exposes the
   myths and hysteria of so-called
    man-made global warming. Read
   Look before you Leap.

Why did The IPA Review mislead
readers about Islamic economics?

Canadian 'Human Rights' thug
conducts inquisition

A video of Canada's 'Human Rights'
Inquisitor at work