Call Me Stormy

Finding righteous currents in turbulent times

Archive for the tag “economy”

Crony Capitalism and the Fed

What’s behind the sluggish economy? A corrupt form of crony capitalism in which the Federal Reserve lines the pockets of the richest bankers, while destroying the economic fiber of the nation. Pundit Dick Morris explains.

Fannie, Freddie On the Skid

Fannie Mae and Freddie Mac, two mammoth, federal-backed entities subsidizing home mortgages, could be on the way out. Lee Doren discusses this possibility and advocates shutting down Fannie Mae and Freddie Mac to prevent another recession like the 2008 economic collapse tied to delinquent mortgages.

 

 

 

Attack of the Austerions

Senator Rand Paul, R-Kentucky,  and CATO economist Dan Mitchell join John Stossel to discuss a pipe dream called austerity.

Obama Against Entrepreneurs

Have you heard the latest mind-blowing statistic about the Obama economy? There are now more Americans getting “food assistance” checks (101 million of them) than people working in the private sector (97 million). Who’s going to pay those bills, Mr. Obama?

Specialization and Trade

Prof. Carden is able to mow his lawn, build a fence, and install a faucet all at one time. How? He does it by employing others to do this work for him. He uses the money he earns doing what he does best and hires people to do this work for him because that is what they specialize in doing. This is an example of specialization through trade. H/T Learn Liberty

Mortgage Rates Rising

The cost of buying a home is going up. What’s behind the rise in interest rates? Is now still a good time to buy? The Wall Street Journal’s Jason Bellini has “The Short Answer.”

Leno: Call Your Accountant

Jay Leno is getting a lot of attention for all his recent jokes attacking President Obama and his Administration. “Hold on,” says Jodi Miller. “This just in. Jay Leno is now being audited by the IRS.” Also in this week’s edition of NewsBusted, Jodi touches upon America’s elusive economic recovery, a California doctor’s weight loss patch and former Miss America Erika Harold’s campaign for Congress.

Wonderful World of Capitalism

This 1950s cartoon shows how the middle-income consumer became the ‘dominant economic personality’ of the mid-century United States. H/T Instapundit

Why You Can’t Find a Job

Are you a college graduate fed up with the uncertainty and stress of the job hunt? Have you been sitting in Starbucks for days, sipping lattes and hopelessly sending out job application after job application? You’re certainly not alone. There are 11.7 million unemployed people struggling to find a job in America. Prof. Carrie Kerekes presents three reasons finding a job in today’s market is so difficult: a mismatch of skills, government regulations and uncertainty in the market.

 

Economic Bubble Will Burst

Pundit Dick Morris says the euphoric stock market bubble is destined to burst owing to the underlying drag in the economy, including stagnant property values and sluggish job creation. He warns to beware of an iceberg ahead.

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