Union-owned Bank Bails Out Scranton’s Unions but Ties Up the City’s Finances
A union-owned bank agreed to loan Scranton, Pennsylvania, $6 million on condition that all city union members be paid in full, and that all of Scranton's tax revenues be...
About: Bob Adelmann
Posts by Bob Adelmann
New Fuel Economy Standards Imposed: Separating Hype From Reality
The hyperbole surrounding the White House's announcement yesterday of much higher fuel economy mandates is in sharp contrast to what consumers really want. ...
The World is Waiting for Fed Chairman Bernanke at Jackson Hole
Federal Reserve Chairman Ben Bernanke is expected to give his annual Jackson Hole speech on August 31 while the world waits in anticipation. They are likely to be disappointed. In...
A New York Times Editor Blasts — the New York Times!
In his final column as Public Editor for the New York Times, Arthur S. Brisbane concluded that the paper's progressive world view "bleeds through" every department of the paper....
Jeffrey Sachs Decries Coming Government Shrinkage under Obama or Romney
In his article in London’s Financial Times, professor Jeffrey Sachs laments the inevitable shrinkage in America’s federal government, regardless of which political party takes the White House in November. Calling...
How One Congressman Gamed the System
15-term House member Edolphus Towns (D-N.Y.) has been milking the system for years, the latest being obtaining VIP treatment from Countrywide Financial and then denying it. ...
More ObamaCare Taxes Taxpayers Don’t Know About
Thanks to the Heritage Foundation's report on Taxmageddon, taxpayers became aware of the $500 billion of new taxes the government is expected to extract from the economy starting the...
With Moody’s New Rules, Public Pension Plans Even More Woefully Underfunded
Moody’s, one of the big three credit rating agencies, has announced new rules to be effective on September 1 that bring an additional dose of reality to the size...
Medicare: The Latest Political Football
With political ads defending and bashing various proposals about how to “fix” Medicare reaching a crescendo, fact-checkers are having a field day in sorting through who’s right and who’s wrong....
Movie Review: “2016: Obama’s America”
Conservative scholar Dinesh D’Souza has, with Gerald Molen (Schindler’s List) and John Sullivan, produced the documentary 2016: Obama's America, which was recently released in Texas and is now being...
Former MF Global CEO Jon Corzine Will Likely Get Off Scot-Free
Ten months after stitching together the pieces of the MF Global collapse and bankruptcy in October, 2011, the New York Times reported that criminal investigators aren’t likely to file...
Charles Koch: Covert No Longer
Conservative billionaire Charles Koch is going public with his massive efforts to influence politics in the short run and the direction of the country in the long run. Partly because...
Drought Recharges Ethanol Debate
The current drought afflicting the country is driving up the price of corn and reviving the debate over ethanol mandates that redirect corn from food to fuel. Because of...
Reagan Budget Director Stockman Blasts Ryan’s Budget
Calling potential Republican vice-presidential candidate Paul Ryan’s budget plan a “fairy tale,” David Stockman, President Ronald Reagan’s budget director from 1981 to 1985, took Ryan’s plan to task for...
More Help for Farmers from Obama and the USDA
President Obama made sure that Iowa farmers knew that he was “there for them” during a campaign stop in Council Bluffs, Iowa, on August 13, by announcing another package...