World News: The Weekly Standard
Fiscal Fitness Print Email
Written by John D. Mueller and Lewis E. Lehrman  - The Weekly Standard
Tuesday, February 19, 2013

A winning agenda for a political party must simultaneously satisfy the requirements of economic effectiveness and political success. Ronald Reagan had such an agenda in the 1980s. Subsequent Republican presidential candidates have not. The opportunity now is great. Far from having a free hand after reelection, President Obama is constrained by the same economic and political realities as everyone else. This is why his first act of 2013 was to sign into law a tax code in which the top rate on labor income is about Read more

 
The Commonwealth Pursues a Bold Proposal for Sound Money Print Email
Written by Judy Shelton  - The Weekly Standard
Wednesday, February 06, 2013

In these days of unprecedented monetary activism by the Federal Reserve, including massive purchases every month of federal government debt, it’s nice to see even a fledgling amount of resistance from attentive citizens. A bill now making its way through the Virginia legislature would establish a joint subcommittee “to study the feasibility of a metallic-based monetary unit.”

Last night the House voted 65-32 to approve the bill; now it goes before the Virginia Senate. “The need to establish a sound money unit was deemed so Read more

 
Money for Nothing Print Email
Written by Lewis E. Lehrman  - The Weekly Standard
Tuesday, January 08, 2013

Who caused the financial collapse? Just about everyone.

To appreciate this landmark work it is necessary to know a bit about the author’s background.

John Allison is not only a banker-entrepreneur; he is also a recognized intellectual leader of American business. Moreover, Allison’s financial expertise is a product of his personal biography: In a mere two decades, he built BB&T (Branch Banking & Trust Co.), a comparatively small Southern bank of $4.5 billion in assets, into a $152-billion financial enterprise, ma Read more

 
Who Built the Recession? Print Email
Written by Jeffrey Bell and Rich Danker  - The Weekly Standard
Thursday, September 13, 2012

Bill Clinton, who rode a recession into office and left the scene just before another one began, knows something about the blame game. Addressing the Democratic convention on Wednesday night, he made a full-throated effort to defend the Obama presidency by putting it in the context of past Republican failure.

“They want to go back to the same old policies that got us into trouble in the first place,” he warned, listing tax cuts, financial deregulation, defense spending, and domestic budget cuts as examples. Clin Read more

 
Sound Money Gains a Champion Print Email
Written by Judy Shelton  - The Weekly Standard
Thursday, August 30, 2012

What are the chances that President Barack Obama and his Treasury secretary, Timothy Geithner, will ever have anything meaningful to say about monetary policy—beyond continuing to try to coax Federal Reserve chairman Ben Bernanke to print ever more dollars to buy up ever more U.S. government debt? About the same as the interest rate you are receiving on your savings: zero.

That’s why it matters so much for the future of the United States—indeed, the future of the global economy—that Paul Ryan is now on the Re Read more

 
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