Housing
Business & Economics
Jon Coupal: Prop. 13 blameless for state crisis
When California voters approved Proposition 13 by a landslide in 1978, they launched a nationwide revolt for lower taxes. Critics now blame that revolt for our current fiscal crisis. That charge needs to be considered in the light of actual data about property taxes in California. Prop. 13 limits property ...
Business & Economics
Policies Should Promote Wealth Creation
What causes poverty? That’s what North Carolina’s “Poverty Reduction and Economic Recovery Commission” — which met again last week — claims to be investigating. Specifically, the law that created the commission declares “an understanding of the causes and effects of poverty are critical in the reduction of poverty and economic ...
Business & Economics
Calif. Gov. Calls For More Federal Aid As States Bleed Red
Calif. Gov. Arnold Schwarzenegger should have said “I’ll be back” when the state got billions of dollars from the federal government last year. Because on Wednesday, he demanded another handout. In his state of the state speech, Schwarzenegger acknowledged California faces deep budget woes and called for federal assistance. He ...
Agriculture
Plunder! Dissects Government Unions
Hows your government treating you lately? I thought so. Unjust wars. Torture. Inflation. Wild spending. Record deficits. Record debt. Bankruptcy. Police brutality. Officious officials. Depression. Its time to get even. Or at least get an explanation. Thats just what you get in Steven Greenhuts shocking Plunder!: How Public Employee Unions ...
Climate Change
The Gate Crash of 2009
The Gate Crash of 2009 The city of Washington has been collectively aghast at the spectacle of Michaela and Tareq Salahi, the fun couple from Virginia wine country who seem to have talked their way into the first state dinner of the Obama administration. Of course, the White House is ...
Business & Economics
Where’s That Inflation?
From September 2008 to September 2009, the Federal Reserve pumped an unprecedented $2 trillion into the financial system by buying Treasury bonds and assets from banks. According to most mainstream economists, such action should create a general increase in prices. Inflation is the result of more dollars chasing the same ...
Business & Economics
The Best States For Business
The recession hit everywhere, but Virginia is booming compared with the rest of America. The carnage of the economic downturn is everywhere with bankruptcies, foreclosures and unemployment soaring nationwide. None of the 50 states are immune. Only two, Alaska and North Dakota, are expected to see employment gains this year. ...
Business & Economics
Poizner says he’ll increase state revenue by cutting California’s tax rates
Despite projections that the next governor will inherit multibillion-dollar deficits, Republican gubernatorial candidate Steve Poizner on Tuesday promised to slash taxes on personal income, corporations and sales. Poizner said that as part of his “Jobs Plan,” he would reduce those rates by one-tenth, as well as cut capital gains taxes ...
Business & Economics
Experts weigh in on Obama economic speech
SAN FRANCISCO (KGO) — On the anniversary of a financial meltdown that brought Wall Street to its knees, President Barack Obama unveiled a plan he says will keep it from happening again. President Obama began by praising his economic team and his $787 billion stimulus package. “While full recovery of ...
Commentary
Cochrane Threatens Austrians More Than Krugman Ever Did
This is a very short-sighted view. Just because someone gets in a fight with someone who we can’t stand–and I’ve criticized Krugman enough to have credibility on that score–doesn’t mean we should endorse any old arguments. There was quite a bit in Cochrane’s response that should alarm an Austrian economist, ...
Jon Coupal: Prop. 13 blameless for state crisis
When California voters approved Proposition 13 by a landslide in 1978, they launched a nationwide revolt for lower taxes. Critics now blame that revolt for our current fiscal crisis. That charge needs to be considered in the light of actual data about property taxes in California. Prop. 13 limits property ...
Policies Should Promote Wealth Creation
What causes poverty? That’s what North Carolina’s “Poverty Reduction and Economic Recovery Commission” — which met again last week — claims to be investigating. Specifically, the law that created the commission declares “an understanding of the causes and effects of poverty are critical in the reduction of poverty and economic ...
Calif. Gov. Calls For More Federal Aid As States Bleed Red
Calif. Gov. Arnold Schwarzenegger should have said “I’ll be back” when the state got billions of dollars from the federal government last year. Because on Wednesday, he demanded another handout. In his state of the state speech, Schwarzenegger acknowledged California faces deep budget woes and called for federal assistance. He ...
Plunder! Dissects Government Unions
Hows your government treating you lately? I thought so. Unjust wars. Torture. Inflation. Wild spending. Record deficits. Record debt. Bankruptcy. Police brutality. Officious officials. Depression. Its time to get even. Or at least get an explanation. Thats just what you get in Steven Greenhuts shocking Plunder!: How Public Employee Unions ...
The Gate Crash of 2009
The Gate Crash of 2009 The city of Washington has been collectively aghast at the spectacle of Michaela and Tareq Salahi, the fun couple from Virginia wine country who seem to have talked their way into the first state dinner of the Obama administration. Of course, the White House is ...
Where’s That Inflation?
From September 2008 to September 2009, the Federal Reserve pumped an unprecedented $2 trillion into the financial system by buying Treasury bonds and assets from banks. According to most mainstream economists, such action should create a general increase in prices. Inflation is the result of more dollars chasing the same ...
The Best States For Business
The recession hit everywhere, but Virginia is booming compared with the rest of America. The carnage of the economic downturn is everywhere with bankruptcies, foreclosures and unemployment soaring nationwide. None of the 50 states are immune. Only two, Alaska and North Dakota, are expected to see employment gains this year. ...
Poizner says he’ll increase state revenue by cutting California’s tax rates
Despite projections that the next governor will inherit multibillion-dollar deficits, Republican gubernatorial candidate Steve Poizner on Tuesday promised to slash taxes on personal income, corporations and sales. Poizner said that as part of his “Jobs Plan,” he would reduce those rates by one-tenth, as well as cut capital gains taxes ...
Experts weigh in on Obama economic speech
SAN FRANCISCO (KGO) — On the anniversary of a financial meltdown that brought Wall Street to its knees, President Barack Obama unveiled a plan he says will keep it from happening again. President Obama began by praising his economic team and his $787 billion stimulus package. “While full recovery of ...
Cochrane Threatens Austrians More Than Krugman Ever Did
This is a very short-sighted view. Just because someone gets in a fight with someone who we can’t stand–and I’ve criticized Krugman enough to have credibility on that score–doesn’t mean we should endorse any old arguments. There was quite a bit in Cochrane’s response that should alarm an Austrian economist, ...
