201001.31
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Contradictions

A couple of weeks ago I titled my weekly musings “Let’s Get Serious” and in the State of the Union address last week, President Obama said: ….it’s time to get serious about fixing the problems that are hampering our growth.” Never let it be said that we don’t get results around here. I even noticed…

201001.27
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Now We Know Who to Blame

There are plenty of people who believe that the great financial crisis of 2008 was a failure of capitalism, of free market economics. Free market economics is most often associated with the Universidy of Chicago school of economics and Milton Friedman. John Cassidy of the New Yorker recently wrote an article in which he used the…

201001.26
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Scott Sumner Nominates Cramer for the Fed

Well, sort of. Actually he just wants some optimists on the FOMC: I’m thinking of people like Jim Cramer and Larry Kudlow.  When I say “like them,” I don’t mean people with similar views on monetary policy, I mean people with similar personalities.  People who are optimistic about America, strongly pro-growth, people that are not…

201001.24
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Angry Voters

For those still wondering about the causes of the upset win by Scott Brown in the Massachusetts Senate race last week, consider this; it has been over a year since we faced the brunt of the financial crisis and not one issue that has been considered as a cause has been addressed. The largest banks…