Taxes & Economy
Is Greenspan to blame for the financial crisis?
Over at the Cato Institute, there seems to be some disagreement over to what extent Alan Greenspan and the Federal Reserve contributed to the present financial “crisis”. Some…
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Pension Pain
Cross Posted at Capitol Domes The stock market’s steep decline is a source of angst for all those whose retirement account balances have taken a nosedive. The financial…
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The Bailout Explained in Two Minutes
If you’re having trouble understanding all the bailouts in Washington, then watch this two-minute YouTube video clip and you’ll learn everything you need to know… 🙂…
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Stimulus Follies
OpenMarket.org has a good post on the failure of “stimulus” packages (i.e. government spending) to improve the overall economy.
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County Commissioner: “Listen to the Commonwealth Foundation”
“The governor and legislators should seriously consider the reports from the Commonwealth Foundation which provided information on how Harrisburg could address the state’s financial situation” That quote comes from Fayette…
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What happened to the Great Depression II?
Carpe Diem points out that holiday retail sales were up over the weekend from last year. Yet the CNN Money article with the same chart contains more of…
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Pennsylvania Pension Now Faces Billions in Losses
The Wall Street Journal has an article on Pennsylvania’s state employee’s pension fund, and its market losses. Noting that “Pennsylvania invested more in hedge funds than any other state…
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Spreading wealth to Hollywood
Cross Posted at Capitol Domes Giving handouts to Hollywood has become an en vogue method for state governments to stimulate economic growth. According to the Heartland…
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Renewing the Call for Pension Refom
Deb Erdley has a story in the Pittsburgh Tribune-Review on pension funds for public school employees and state workers, in light of a PSBA plan for reform, recent losses…
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