Roubini v. Rockwell on the Gold Standard
New York University economics professor Nouriel Roubini made a name for himself back in 2005 by predicting the Great Recession long before others did. Fortune magazine wrote “In 2005...
About: Bob Adelmann
Posts by Bob Adelmann
Bi-Partisan Effort to Cut Spending: A First Step Only
When the conservative National Taxpayers Union (NTU) and the liberal U.S. Public Interest Research Group (USPIRG) announced their report "Toward Common Ground: Bridging the Political Divide to Reduce Spending,"...
World Bank’s Trial Balloon Pops
Before the Internet, Robert Zoellick’s brief outline of suggested topics for the G20 meeting this week in Seoul, Korea, might have been considered just an interoffice memo. It appeared...
John Allison: Free Market Banker
When asked during an “Online with Terry Jeffrey” interview about how to solve the debt crisis facing the country, former Branch Banking & Trust (BB&T) CEO John Allison, was...
Behind the Numbers: October Employment Report
Even though 151,000 new real jobs were added in October, according to the Bureau of Labor Statistics, the unemployment rate stayed at 9.6 percent. This announcement not only successfully...
Restoring the American Dream
The incessant and never-ending drumbeat of bad news about the economy was deftly summarized here, which concluded that 16 new records had been set over the past 12 months,...
Fed Celebrates Its 100th Birthday
In a remarkable show of both contempt and hubris, the Federal Reserve System announced that it will be celebrating its 100th birthday at exactly the same place where it...
Blessed D.C. Gridlock
Comments by the Associated Press following the midterm election sounded the alarm about gridlock. The AP writer warned: "A standoff between the Obama administration and emboldened Republicans will probably...
Progressives Emerge Unscathed
The hard-core Left represented by members of the Congressional Progressive Caucus in the House of Representatives will survive essentially undamaged in today's mid-term elections. ...
Voters Holding Their Noses and Voting Republican
A new New York Times/CBS News poll illustrates the mass exodus of support for President Obama and the Democrat-controlled Congress in favor of the Republicans. Jim Rutenberg writes that...
2010 Elections: Dividing the Spoils
Last-minute polls by Rasmussen and Cook are continuing to show big gains for Republicans on Tuesday. And jockeying for positions of leadership in the 112th Congress is now out...
78th Congress a Harbinger for the 112th?
On his blog political analyst Dick Morris predicted earlier this week that Republicans would take back the House of Representatives and then backed it up during an interview...
Is Everything Commerce?
Law professor Robert Natelson wrote that because Congress has stretched its definition of “commerce” so far beyond that originally intended by the founders, “it is up to the people...
American Ideals Still Highly Favored
ABC News reported the results of its latest poll indicating that the American public’s optimism had just hit a 36-year low. A quick scan of the headline, however, revealed...
Chevy Volt Misses the Mark
Now that the Chevy Volt, General Motors’ electric car, is about to arrive in selected dealers’ showrooms around the country, it has been getting a lot of press. Some...