About: Bob Adelmann
Posts by Bob Adelmann
Bernanke: No Economic Recovery Yet; Diesel Index Confirms It
In what could be one of the understatements of 2011, Fed Chairman Ben Bernanke, speaking at the International Monetary Conference in Atlanta on...
The Federal Reserve Kids Page
In 2006 the Federal Reserve decided it was time to begin to reach out and influence middle schoolers with the party line about...
The Economy Also Weakens Obama’s Reelection Hopes
The trickle of bad news about the economy has turned into a torrent, and is now threatening President Obama’s chances at reelection....
Government Uses “Blunt Instrument” to Extract Taxes
Rep. Rick Mulvaney (R-S.C.), chairman of the Small Business Subcommittee on Contracting and Workforce, told the Washington Business Journal last week that “instead...
Fair Tax? Flat Tax? The Case for No Tax
Stephen Moore’s math in his Wall Street Journal article is compelling: by the time the Democrats' proposed three-percent surtax on incomes over $1 million...
Conservative Presbyterians Form Alternative Fellowship
Now that pro-gay liberals in the Presbyterian Church (USA) have succeeded in their 30-year efforts to allow the ordination of gays, a small...
What’s Wrong with Insider Trading? Ask Raj Rajaratnam
When Raj Rajaratnam (left), founder of Galleon Management, was convicted on all 14 counts of insider trading earlier this month, it made...
Bureau of Consumer Financial Protection Looms
Tuesday’s hearing of the House Oversight Committee gave Chairman Patrick McHenry (R-N.C.) a chance to vent, and witness Elizabeth Warren, President Obama’s Special...
Greek Austerity, Privatization Programs Won’t Be Enough
In its efforts to avoid restructuring (i.e., defaulting on) its debt, Greece announced the sale of some of its assets to raise funds...
Saving the American Dream: How the Heritage Foundation Plans to Do It
When Peter G. Peterson sold his interest in his investment company the Blackstone Group in 2007, he took $1 billion of his...
Social Security: Way Beyond Tweaking
Just one year ago this week the Senate Special Committee on Aging, headed up by wealthy and aging Senator Herb Kohl (D-WI), announced...
Tax Breaks, Subsidies, and Big Oil
Echoing the Obama administration’s characterization of the tax breaks being enjoyed by the five major oil companies (Exxon, ConocoPhillips, BP America, Shell, and...
Trump Fires The Donald, Ends Presidential Bid
Few were surprised, and many were relieved, at Donald Trumps announcement on Monday that he was ending his campaign for the Presidency:...
Insider Scoffs at Default Concerns, Blasts Geithner, Bernanke
Although Monday, May 16th is the day the financial world was supposed to end as the federal government’s spending hit the debt ceiling,...
Runaway Inflation on the Cusp?
Buried in the latest report from the Bureau of Labor Statistics (BLS) on the Consumer Price Index was some disconcerting news. On the...