BrookesNews Update

What is really happening to the US economy? : The administration's attempts to revive the US economy by encouraging consumer spending will fail. If consumer spending were to rapidly expand the result will be a highly unbalanced recovery that will keep the higher stages of production depressed resulting in another 'rustbelt'. It is now self-evident that the administration is at a complete loss as to the recession
Can an increase in spare capacity reduce the rate of inflation? : Given large idle capacity and still growing unemployment most experts are of the view that the Fed can pursue aggressive monetary pumping without igniting the rate of inflation. This is an extremely dangerous error
Are increased savings prolonging the US recession? :The recession has America's economic commentariat lamenting the 'problem of insufficient consumer demand' and the rise in savings. What they are giving us is the paradox of thrift, one of the oldest and gravest fallacies in economics
Unmasking Obama:It is now abundantly clear that the image of Barack Obama sold to the American electorate was tightly edited, air-brushed, and exaggerated. He has worn a series of masks - eloquent orator, brilliant scholar, centrist, and literary sensation. All of these masks are coming off as he copes with a job for which image will not suffice
Stop the spending and cut the taxes : There was a $787 billion stimulus package, $700 billion in TARP funds and a variety of Treasury and Fed initiatives that, according to Bloomberg News, add up to $11.6 trillion in taxpayer exposure - all as part of an effort to revive the economy. And what does the US have to show for it? 10 per cent unemployment
Barack Obama's dance with despots : We have a President most avid plaudits come from two-bit, tin-horn Marxist dictators who have spent their entire adult lives imprisoning, murdering, and maiming their enslaved minions. And to make matters worse, that President - Barack 'Sorry-to-be-an-American' Obama - is in lockstep agreement with all of what Castro says and much of what Castro does
Why I Became A Conservative : Becoming a conservative in Liberal Land has its costs: ' I lost my husband. I no longer speak with my feminist mother and my liberal siblings. Eight years after my epiphany, and 33 years after moving to Los Angeles, I sold my home and business. I said good-bye to the few friends and family I still had, and left Los Angeles for good

Posted by John Ray (M.A.; Ph.D.). For a daily critique of Leftist activities, see DISSECTING LEFTISM. To keep up with attacks on free speech see TONGUE-TIED. Also, don't forget your daily roundup of pro-environment but anti-Greenie news and commentary at GREENIE WATCH . Email me here