First it was House Minority Leader John A. Boehner, making his pitch to the electorate to be made House speaker in part by calling for Treasury Secretary Tim Geithner to be fired. (more)
With the disappointingly soft jobs report for July, and a faltering recovery overall, is Team Obama getting ready for some sort of new, liberal-left, Keynesian, big-bang stimulus package? Will they be desperate to “do something”? (more)
Will higher tax penalties on investment really spur jobs and faster economic growth? Most commentators would say no. It’s really a matter of economic common sense. But Tim Geithner says, Yes! (more)
Democrats in Washington will argue that the debate coming in September over whether to extend the Bush tax cuts for all Americans – or whether to let them expire for families making more than $250,000 a year – is one they relish. (more)
The Democrats have an impending problem surfacing at an inopportune time, the investigation of Rep. Charles Rangel (D-NY) by the House Ethics Committee. This comes as a surprise to many — the House has an Ethics Committee? (more)
The liberal tax revolt, as the Wall Street Journal is calling it, is a very important topic — especially for investors and small-business entrepreneurs. And for new jobs. (more)
Tim Geithner thinks the business community should be thanking him — Why is the GOP ignoring Paul Ryan’s great ideas? –
JournoListers hate Keith Olbermann almost as much as we do — Rangel to finally have ethics hearing, doesn’t really give a hoot — Netroots nerds to activate Optimus Prime — California homeowners silence their inner children (more)
With a bad-blood, confidence-destroying battle royale going on between Team Obama and business, you would think a highly publicized White House jobs summit would have produced some kind of positive announcement that gives a nod to the business point of view. (more)
After a quarter in which investors appeared to be having a bad romance with stocks, the market has been reeling off hits at a pace that would make even Lady Gaga envious. Now threatening to conclude its seventh consecutive winning session, the market appears to be shrugging off investor’s fears of a double-dip recession, instead focusing on the growing number of indications that economic activity is continuing to expand. Intel’s report that business spending on PCs is strengthening has fueled early buying this morning, although weakening retail sales and deflationary worries may pose a threat to the winning streak. (more)
In her own words, Laura Ingraham’s newest book, The Obama Diaries, is a “new interpretive tool that helps people view the Obamas for what they really are.” (more)
The idea that President Obama is anti-business broke into the mainstream this week. (more)
At the beginning of “National Lampoon’s European Vacation” the Griswold family appeared on a game show called “Pig in a Poke” standing cheek-to-jowl in matching pink pig costumes as Chevy Chase, portraying the clueless family head Clark Griswold, brashly decided to risk the family’s winnings by playing for the grand prize. Unexpectedly pitted against the show’s all-time winningest family, things looked bleak for the Griswolds when they were asked to name the lieutenant who led the famous expedition to the Pacific Northwest in 1804. Completely stumped when asked for the final answer, Ellen Griswold (played by Beverly D’Angelo), certain that the family would lose everything, turned to her husband and plaintively addressed him, saying “Clark.” Of course, that turned out to be the correct answer and the family found themselves the winners of an all-expenses-paid trip to Europe. Mayhem ensued as the family, completely unfamiliar with European customs, stumbled across the continent in a series of madcap escapades before returning home to the good ol’ USA. (more)
President Obama’s tax-cheat treasury secretary, Tim Geithner, is trumpeting the fact that General Motors has paid back a small fraction of what taxpayers gave the company, noting that “GM had repaid in full the $4.7 billion balance it owed under the government’s Trouble Asset Relief Program.” “But this so-called ‘repayment’ was just an accounting trick. GM used government bailout money to make the ‘repayment,’ as the New York Times has noted.” (more)
In his recent speech on Wall Street, President Obama tried to delegitimize any criticism of his proposed financial regulations and taxes. He said, “What’s not legitimate is to suggest that somehow the legislation being proposed is going to encourage future taxpayer bailouts, as some have claimed. That makes for a good sound bite, but it’s not factually accurate. It is not true. In fact…a vote for reform is a vote to put a stop to taxpayer-funded bailouts. That’s the truth. End of story.” (more)
WASHINGTON — If there’s any election-year support in the Senate for future bailouts of the big banks on Wall Street, it isn’t immediately apparent. (more)
The man who takes Sachs of gold is the man who makes the rules. President Obama is that man, and Republicans in Congress should demand an independent special prosecutor to investigate the relationship between gold and rulemaking in the executive branch. With nearly a million dollars of Goldman Sachs money in his hip pocket (rendering that institution his most generous ’08 corporate campaign contributor), Obama appears to be ignoring some serious rule-breaking. (more)
Sen. Susan Collins (R-Maine) emerged from a meeting with Treasury Secretary Tim Geithner on Monday to announce she would join a GOP filibuster of Wall Street reform. (more)
On NBC’s Meet the Press, Treasury Secretary Tim Geithner wouldn’t address last week’s charges against Goldman Sachs, but reiterated the necessity for a financial reform package. (more)
It’s not every day that people in America’s heartland hear “Redneck Woman” Gretchen Wilson sing Heart’s “Barracuda” to Sarah Palin. (more)























