Archive for January, 2010
Political Speech
Friday, January 22nd, 2010The Supreme Court has ruled that corporations and unions are entitled to their First Amendment rights just like individuals. They have the right to support political candidates during elections.
Some are appalled by this ruling, believing this opens the door to political domination by large corporations. They advocate restrictions on corporations during elections so that they [...]
Mass Loss of Confidence
Wednesday, January 20th, 2010Yesterday’s Massachusetts vote for senator is being interpreted as a victory for the Republican Party. I have a different view.
I see the Massachusetts vote as a lack of confidence in government. I see the vote as a rejection of policies that don’t make sense to the American public. I see the vote as a rejection [...]
It’s Not the Fed’s Fault
Saturday, January 9th, 2010As analysts try to describe how we got into this financial mess, policies of the U.S. Federal Reserve Bank are frequent targets. The Fed held interest rates too low for too long, encouraging the explosion of debt, and encouraging those who borrowed money to bid up asset prices, including technology stocks in the 90s and [...]