by Jane Richey | May 15, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
The lingering headline on the front pages this week is that JP Morgan Chase suffered a massive loss on a hedging strategy, costing them $2 billion. That’s no small mistake, and it’s an example of how bad decisions in the free market can cost big money. But just...
by Jane Richey | May 15, 2012 | Fiscal Responsibility, Politics
Sen. Ron Johnson (R-Wis.) accused President Obama of seriously misleading the American public on deficit reduction. Johnson said Obama has repeatedly made unrealistic promises on how much of the deficit he could reasonably cut. “In 2009, largely because of the...
by Jane Richey | May 15, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Defense contractors have slowed hiring. Tax advisers are warning firms not to count on favorite breaks. And hospitals are scouring their books for ways to cut costs. Across the U.S. economy, anxiety is rising about the potential for widespread disruptions after the...
by Jane Richey | May 15, 2012 | Constitutionally Limited Goverment, Free Markets, Politics
A federal judge ruled Monday that a contentious union election rule proposed by the National Labor Relations Board (NLRB) is “invalid.” In an 18-page memorandum opinion, U.S. District Judge James Boasberg struck the regulation down, saying the labor board only had two...
by Jane Richey | May 15, 2012 | Fiscal Responsibility, Politics
Greece will hold a new election in June after days of talks failed to resolve the country’s political deadlock, party leaders said Tuesday. The Athens Stock Exchange plunged on the news, diving 4.86 percent minutes after the announcement before recovering...
