Recession is Over?
With a straight face, the National Bureau of Economic Research (NBER) announced that the Great Recession ended last June. June of 2009, that is. This made the current recession...
About: Bob Adelmann
Posts by Bob Adelmann
Who is Mike Pence?
In an early straw poll, Rep. Mike Pence (R-Ind.) was the choice for presidential nominee in 2012 over such conservative luminaries as Sarah Palin, Mike Huckabee, and Mitt Romney....
Reids Lame Duck Session: Just Mopping Up?
Last Tuesday, September 7, when Senate Majority Leader Harry Reid (D-Nev.) said he intended to focus the current lame duck session on "mopping up" leftovers from the previous session,...
The Impeachment of Judge Porteous
The impeachment of Judge G. Thomas Porteous of the U.S. District Court for the Eastern District of Louisiana appeared initially to be an “open and shut” case of bad...
Austan Goolsbee Is Obamas New Top Economic Adviser
Few were surprised when President Obama replaced Christina Romer, chair of his Council of Economic Advisers, with another statist economist, Austan Goolsbee. Goolsbee is the architect of Obama's failed...
NFL Means No Free Lunch for Taxpayers
When the 82,566 fans of the New York Giants cheer their team at the home opener of the season this Sunday at the New Meadowlands Stadium, they will likely...
Finally, a Sensible Solution to Unemployment
When Kevin Hassett, director of economic-policy studies at the American Enterprise Institute, wrote in Bloomberg.com that “the biggest problem with the labor market right now is that wages are...
Why Reich Is Wrong
When former Labor Secretary Robert Reich offered his solutions for ending the Great Recession in the New York Times, he repeated the same errors expressed in a CNBC debate...
Will the U.S. Bail Out Kabul Bank?
The bank run at Afghanistan’s largest bank, Kabul Bank, was precipitated by the takeover of the bank by Da Afghanistan Bank, the country’s central bank, last week. By Friday...
Fed’s Bernanke Running Out of Options
When Fed Chairman Ben Bernanke speaks on Friday at the Fed’s annual meeting in Jackson Hole, Wyoming, Fed-watchers from around the world will be hanging on his every word,...
Obama Needs Your 401(k) to Balance His Budget
The Obama administration is “taking the first steps to confiscate retirement dollars,” according to Dr. Jerome Corsi who predicts that the end result will be retirees with 401(k) plans...
SEC Charges NJ With Cooking the Books
Notable in the statement from the Securities and Exchange Commission (SEC) last week that it was charging the State of New Jersey with securities fraud was the lack of...
Gun-control Laws Challenged After Supreme Court Ruling
On June 28, the day the Supreme Court ruled in McDonald v. Chicago that individuals have the right to keep and bear arms, Bob Unruh wrote that the decision...
Truth About 9/11 Revisited
When Alexander Zaitchik’s article, “Top 10 Right-Wing Conspiracy Theories,” was published, it went viral, with the article being available online immediately here and here, and generating numerous commentaries including...
Fiscal Challenges: A Way Out
Economist Niall Ferguson of Harvard wrote an article entitled “Complexity and Collapse” for the March/April issue of Foreign Affairs, a publication of the Council on Foreign Relations. Ferguson uses...
How Relevant Is Ayn Rand Today?
It was news to many when Scott Powell announced that an obscure novel published in 1957, Atlas Shrugged, “may be second to the Bible as the most influential book...
Mortgage Summit: No New Ideas
When Kevin Hall, writing for McClatchy Newspapers, said “the Obama administration got what it was looking for at its summit on the future of housing finance,” he was very...
Conjuring Magic To Cover States’ Debts: Fiscal Reality Sets In
The first warning about the possible bankruptcy of the town of Vallejo, California, was reported by the Associated Press on February 28, 2008, when Councilwoman Stephanie Gomes said, “Our...
Congressional Ethics an Oxymoron?
USA Today seems surprised at the number of ethics cases making headlines recently, referring to the trials being faced by Representatives Charles Rangel (D-N.Y.) and Maxine Waters (D-Calif.), noting...
Stossel Unhappy with Greenspan
When John Stossel of Fox Business Network wrote his recent “Memo to Alan Greenspan” column, he recounted many of Greenspan’s failings while Chairman of the Federal Reserve, including especially...