Don’t Rule Out a Double Dip Recession – Christopher Wood, The Wall Street Journal
Germany started pulling pages out of the U.S. economic playbook last week. Hopefully the game plan doesn’t end in monetizing all of Europe’s bad debt. It seems the wheels are beginning to come off in China, which will only add more pressure to both the U.S. and European efforts to get back on track. Mr. Wood’s article lists in detail a number of reasons why the world could be heading into another recession. – Dick Young
Puerto Rican Statehood Bill Picks Up Steam – Brian Darling, Human Events
This article has three quick hits, all good. The first is a message from Rand Paul to Tea Partiers that the Tea Party has come to take America back from its government. The second is an analysis of the Puerto Rican statehood bill. Statehood for Puerto Rico is a good goal, but only the Puerto Rican people want it. Right now, Democrats are trying to stack the deck by allowing all Puerto Ricans currently living in the U.S. to vote on the bill, not just those living on the island itself. Does that make sense to you? That would be like moving to Pennsylvania from Texas, but still being allowed to vote for the mayor of Dallas. Let the people who still live in Puerto Rico decide if they want statehood for the island. The third item in the article is about the EPA’s backdoor cap and trade regulation. Lisa Murkowski of Alaska is blocking the EPA from regulating everything in America, and is receiving bipartisan support in her efforts. – Dick Young
Paul Remarks Have Deep Roots – Jonathan Weisman, The Wall Street Journal
Rand Paul has come under heavy criticism for his refusal to cow tow to the 1964 Civil Rights Act. Paul has repeatedly disavowed racism of any kind, and has made clear that his views aren’t based in any type of racist attitude. Paul is merely questioning the federal authority to intervene in certain aspects of American life. As a senator I would expect Paul to be knowledgeable about which powers the federal government has, and which it does not. The mainstream media seems to be so much more interested in having a senator that will simply do as he is told. – Dick Young
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