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Commentary & Opinion

August 28, 2008
Lexis Nexis - AC
Not Too Big To Fail; Despite What The Big Three Want, Taxpayers Should Not Be Obliged To Bail Out The Ailing Automakers.

By: Los Angeles Times

 

Faced with the imminent collapse of Bear Stearns Cos., leaders of the Federal Reserve and the Treasury Department used taxpayer guarantees to persuade JPMorgan Chase & Co. to scoop up the troubled investment bank. Similarly,...


August 27, 2008
Lexis Nexis - AC
The Pie Got Bigger

By: Investor's Business Daily

 

Economy: Average U.S. income fell when George Bush took office in 2001. Naturally, Democrats and the media unfairly blamed him for it. But now Americans are better off than when Bill Clinton was president.

 


August 27, 2008
Lexis Nexis - AC
Speaker Pelosi's Unnatural Gaffe

By: Investor's Business Daily

 

Energy Policy: The speaker of the House touts natural gas as an "alternative fuel like wind." Could it be that this time she's put her money where her mouth is?

Somewhere in the universe there may be a planet where natural gas...


August 26, 2008
Lexis Nexis - AC
"No We Can't -- Yet'

By: Investor's Business Daily

 

Energy: It's no longer so cool to be openly anti-nuke. Now the naysaying has to be subtle -- like Barack Obama holding out for "clean and safe" power and saying no to reprocessing.

If you really want to know what a politician...


August 25, 2008
Lexis Nexis - AC
Dear Recession, You're Not So Bad

By: Christian Science Monitor
Paul McDonnold

 

Dear Recession,

There has been quite a bit of commentary about you recently, nearly all of it bad. Just about everyone wants to see you gone.

But I believe that where the business cycle is concerned, if you cannot be with the...


August 25, 2008
Lexis Nexis - AC
The Big Secret In U.S. Housing

By: Christian Science Monitor
the Monitor Editorial Board

 

Voters aren't likely to hear much before the election about plans to end government support for two giants in home finance, Fannie Mae and Freddie Mac. Yet like house prices, the federally backed entities are on the skids - as...


August 25, 2008
Lexis Nexis - AC
On The Bright Side; It May Sound Odd, But A Shaky Economy Can Lead To Healthier Populations When People Decide To Cut Down On Risky Behavior.

By: Los Angeles Times
Susan Brink, Times Staff Writer

 

As MORE people watch their home equity erode, put off retirement because their nest eggs are taking a dive, and bike or bus to work to save gas money, many are thanking their lucky stars that they still have a job to commute...


August 23, 2008
Lexis Nexis - AC
U.S. Drivers Trim Their Mileage; Off The Charts

By: The International Herald Tribune
Floyd Norris - The New York Times Media Group

 

High gasoline prices and a weak economy have combined to persuade Americans to do something they rarely do. They are driving less.

The trend to lower driving seemed strong as this summer began, with reports of highways that were...


August 22, 2008
Lexis Nexis - AC
Defund Enemies By Drilling For Energy

By: Investor's Business Daily

 

Energy: Russia's invasion of neighboring Georgia has revealed the West's major weakness: Our dependence on questionable governments around the world for oil, the very lifeblood of our prosperity. So what do we do?

Rather than...


August 22, 2008
Lexis Nexis - AC
PREPARED REMARKS BY FEDERAL RESERVE CHAIRMAN BEN BERNANKE; SUBJECT: REDUCING SYSTEMIC RISK; LOCATION: JACKSON HOLE, WYOMING

By: Federal News Service

 

PREPARED REMARKS BY FEDERAL RESERVE CHAIRMAN BEN BERNANKE SUBJECT: REDUCING SYSTEMIC RISK LOCATION: JACKSON HOLE, WYOMING DATE: FRIDAY AUGUST 22, 2008

MR. BERNANKE: In choosing the topic for this year's symposium-- maintaining...


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