Sen. Scott Brown’s epic victory in Massachusetts dealt a crushing blow to Obamacare, cap-and-trade, card check (and other union favors) and, most importantly, all the tax hikes that are lingering on the table. But does Washington really understand the Scott Brown message?
President Obama thinks his “remoteness and detachment” are the problems. This is nonsense. Obama’s [...]

Despite the historic expansion of the federal government’s involvement in, intervention in and control of the economy — including Bailout Nation; takeovers of banks, car companies, insurance firms, Fannie, Freddie, AIG, GM, Chrysler and GMAC; large-scale tax threats; overregulation; an attempted takeover of the health care sector; ultra-easy money; a declining dollar; and unprecedented spending [...]

What’s a yield curve, and why is it so important?
Well, the curve itself measures Treasury interest rates, by maturity, from 91-day T-bills all the way out to 30-year bonds. It’s the difference between the long rates and the short rates that tells a key story about the future of the economy.
When the curve is wide [...]

Helicopter Ben Bernanke passed his reconfirmation vote in the Senate Banking Committee this week. But he passed by 16 to 7. Most of the Republicans voted against Bernanke, as did one Democrat, Sen. Jeff Merkley of Oregon. The reconfirmation now goes to the floor of the Senate, where it’s going to be held up for [...]

First, the good news on the economic recovery that everybody loves to hate:
Retail sales totally beat Wall Street estimates with a huge 1.3 percent gain in November. Core retail sales have increase 5.6 percent at an annual rate over the past three months. Family net wealth has rebounded $5 trillion over the past six months. [...]

Fed head Ben Bernanke got hammered during his reconfirmation hearing in front of the Senate Banking Committee this week. Sen. Jim Bunning, R-Ky., was Bernanke’s toughest critic, followed by Sens. Richard Shelby, R-Ala., Jim DeMint, R-S.C, and, yes, Chris Dodd, D-Conn., the beleaguered committee chair who in all likelihood will be defeated in Connecticut next [...]

Fess up, Tiger. If you don’t, the tabloids are gonna kill ya.
The storyline so far is that for some reason your apparently furious wife Elin teed you up inside your Florida mansion with one of your Nike golf clubs and that you sought escape by hot-footing it outside at 2:30 in the morning to your [...]

President Obama took his declining dollar to the Asia-Pacific economic conference, and he added to it a declinist opinion of America’s economy. His big message? Don’t count on American consumers to lead the world from recession to recovery and beyond. His second big message? In the U.S., we must save more and spend less.
Huh? This [...]

It must be something in the water. The ruling Democrats know their tax-hiking, re-regulating and big-spending policies have failed to rejuvenate job-creation or reduce the unemployment rate. And yet they persist in trying more of the same.
A recent New York Times editorial acknowledges that the economy is weak, but it pleads for yet another federal [...]

Against the backdrop of high unemployment and a public revolt against a Democratic health-care bill — which would significantly increase taxes, slash Medicare spending, and massively raise health-care spending elsewhere in a government takeover of our leading growth sector — the Republicans swept the Virginia and New Jersey gubernatorial races.
It’s interesting that early signs of [...]