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  • Wall Street Breakfast: Must-Know News [View article]
    As far down the road as economists can see, it is 1-3% GDP growth and 10% unemployment. After that, it is a question of economic religion - will America's ability to reinvent itself emerge, or will the decline that is evident today continue and accelerate? We are trying to add another $ trillion to our healthcare cost, and to make our energy production less efficient.
    Oct 26 13:35 pm |Rating: 0 0 |Link to Comment
  • Wall Street Breakfast: Must-Know News [View article]
    A reflection on axelrod 608's comments on campaign finance reform and lobbyists: Maybe there is a silver lining here. Conservatives (myself included) have been opposed to government funding of campaigns both because it seems wrong to have taxpayers pay for politicians, and because historically the right has had more money to spend. Obama's money tsunami, the contribution pattern of Wall Street going left, and the Fannie/Freddie association with Democrats put these old assumptions to rest. This could have been one of McCain's contributions, given his background. Unfortunately, the left is winning the game this way, and is unlikely to really want to change it. (Where is Newt Gingrich when we need him?)
    Oct 27 12:28 pm |Rating: 0 0 |Link to Comment
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