Just time for a quick link this morning: Rossputin has a well-informed and sobering outlook on the state of the markets and the economy. Simply put, Barack Obama and the Democrats in Washington are out of control. … [Read more...]
RMA Blog Talk Radio Tonight at 8:30: Filmmaker Evan-Coyne Maloney, Nadeem Esmail on Health Care
Gloomy about the Obama administration's intervention halting economic recovery and pushing the markets down so we can party like it's 1997? Then I have just the cure. Tune in starting at 8:30 PM local Mountain Time this evening for the 15th edition of Rocky Mountain Alliance Blog Talk Radio, with two very interesting guests. First is Evan Coyne-Maloney, creator of the film Indoctrinate U, which exposes and challenges political correctness run amok on our nation's college campuses. His on-air discuss with the RMA crew comes two days before the movie's showing at Liberty on Film Thursday evening in Denver's LoDo. With proposals to further socialize health care looming at the State Capitol, the second guest is the Fraser Institute's … [Read more...]
Markets Don’t Like What Obama and Dems Are Inflicting on Economy
Rossputin has the in-depth commentary on the markets' reaction to Treasury Secretary Timothy Geithner, and points to two polls showing the American people want more tax cuts, less federal spending. Are Colorado's U.S. Senators Michael Bennet and Mark Udall even paying attention? Polipundit has the telling visual about Geithner's negative impact on the markets. What's so funny? I guess you had to be there. Finally, Michael at Best Destiny says it's time to start tagging this as "the Reid/Pelosi/Obama economy". I agree: they can have it. If it only didn't hurt so many of the rest of us in the process. Things do look bleak - you can't blame investors for their reactions. The President isn't the Savior. Here's a start: sign the No … [Read more...]
Economic Recovery Soon? Even if Obama Slows it Down, He’ll Get Credit
Larry Kudlow is a very knowledgeable voice on economic trends and developments. I sure hope his post at The Corner is correct:Investors continue to ignore one of the very brightest spots in the firmament: Namely, the credit freeze is thawing, according to all manner of key interest rates and spreads. In fact, LIBOR is around 1 percent now, back to where it was in the early summer of 2007 before the crunch started. This means that much of the uncertainty about lending, borrowing, investing, and hiring is receding from the market. This is a very positive sign. While retail sales and jobs are lagging indicators, the credit-market improvement is a leading indicator — pointing to recovery in the economy sometime this spring or summer. I’m … [Read more...]