If the equity risk-premium (versus Treasuries) were to return to its historic average of 4.5%, the S&P would be 50% higher than it is today. Now, I don’t know when or if that will happen, but my numbers are based on real facts: the historic spread between corporate bonds and Governments, the least-squares regression of historic […]
Archives for April 2010
Chuck DeVore for California Senate
Conservatives Rallying To Chuck DeVore in California Senate Race – John Gizzi, Human Events The shrill and long-of-tooth Barbara Boxer has campaigned tirelessly for the widely hated Obamacare, massive bailouts, and cap and trade—the destroyer of the U.S. economy. Conservatives are rallying behind Chuck DeVore, a U.S. Army lieutenant colonel and former Reagan administration official. […]
Obama Appoints Three Doves to Fed
Obamacon Doves vs. Hard-Money Heartland Hawks – Larry Kudlow, National Review President Obama has appointed three easy-money wonks to the Federal Reserve Board of Governors. The three will likely target unemployment rates over inflation rates and will follow chairman Ben Bernanke in his drive to reinflate the economy. The three new governors and Bernanke will […]
How to Ruin America, Part II – You Won’t Believe It!
You got firsthand evidence this week of a new beginning in the government green grab. Leading the Obama green initiative, interior secretary Ken Salazar announced the approval for Cape Wind, a 130-wind-turbine farm off the southern coast of Cape Cod between Martha’s Vineyard and Nantucket, not too far from Woods Hole, Massachusetts. It is a […]
Charlie Crist to Run as an Independent
The Fallible Crist – Jim Geraghty, National Review Charlie Crist lacks the level of integrity needed to claw his way back into the Florida Senate race as a Republican, so he has apparently decided to run as an independent. Little does he realize that even greater amounts of integrity would be needed to win as […]
President Obama Chooses Illegal Immigrants Over Citizens
Illegal Aliens: Law and Sovereignty in Arizona – Andrew C. McCarthy, National Review When laws become so ridiculously long and complicated that the common man can’t understand them without going to law school, they have failed those under them. James Madison wrote that government cannot be legitimate if “the laws be so voluminous that they […]
The Brady Campaign Seeks to Destroy Americans’ Constitutional Rights
The Brady Campaign to Prevent Gun Violence assigns grades to individual states based on their compliance with Brady Campaign thinking on various gun rights issues. California scores the highest grade for having the most gun controls, even though its murder and violent crime rates are higher than those of the rest of the country. Utah […]
The Next Scott Brown is PA’s Tim Burns
Help Elect the Next Scott Brown – Newt Gingrich, Human Events The special election to fill the late John Murtha’s congressional seat in Pennsylvania’s 12th District will be a great preview of the November 2010 general elections. Tim Burns, the GOP candidate, is running against Mark Critz, a Democrat. Pennsylvanians are looking for the candidate […]
Arizona has Waited 15 Years for Federal Action
Arizona Officials Dispute Racial Profiling Charges – Robert M. Engstrom, Human Events Sheriffs and police in Arizona deal with smugglers, drug runners, and other illegal border crossers on a daily basis. Until now they have not had the tools to effectively deal with these criminals. The federal government has turned a blind eye to the […]
The Constitution in Exile: How the Federal Government Has Seized Power by Rewriting the Supreme Law of the Land
Napolitano, New Jersey Superior Court Judge and analyst for Fox News, explains how the federal government has manipulated the Constitution to take power from the states and the people. Written for a general audience, Napolitano’s book also includes a brief history of the founding of the United States, the Bill of Rights, the specific powers […]
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