Solving the Fiscal Cliff Crisis: Extend and Pretend

by Bob Adelmann | 2:05 pm, November 12, 2012

Schiff is a realist. I, on the other hand, am an optimist.

CBO All But Guarantees Fiscal Cliff Gridlock

by Bob Adelmann | 6:31 pm, November 11, 2012

When an irresistable force meets an immovable object, it’s called gridlock.

W and the GOP Gave the Election to Obama

by Bob Adelmann | 1:04 pm, November 11, 2012

I put great store in what Baldwin says. Republican Party loyalists won’t like it. Often the truth hurts.

Obama Intends to Bring Down Capitalism

by Bob Adelmann | 3:38 pm, November 7, 2012

Reynolds has a blind spot, and as a result promotes a myth.

How Many “Fiscal Cliff” Scenarios Are There?

by Bob Adelmann | 3:13 pm, October 30, 2012

In his blog at MarketWatch over the weekend, Robert Schroeder reviewed five possible outcomes to the challenge of the “fiscal cliff” and concluded that only one was truly catastrophic: Simply letting the Bush-era income tax cuts expire and allowing billions of dollars of spending cuts to kick in would actually be the easiest thing to [...]

The Trouble with Outright Monetary Transactions

by Bob Adelmann | 6:37 am, October 29, 2012

It’s a game, a charade. Even if the central bank’s president lies through his teeth, his audience believes him anyway. Is there no one there to exclaim: “The emperor is naked!”?

Romney Exposes Himself (Politically, That Is)

by Bob Adelmann | 6:10 pm, October 26, 2012

John Hawkins has, unintentionally I’m sure, done Romney skeptics like me a world of good. By taking snippets from the three “debates” of Romney’s comments, Hawkins has put to rest any idea that Romney is a conservative, or even coherent. Try this one: If I become president, I’ll get America working again. I will get [...]

Fiscal Cliff, Fiscal Gap, Lame Duck Congress

by Bob Adelmann | 8:31 am, October 25, 2012

There are none so blind as those who refuse to see.

Senator Coburn’s 2012 Wastebook Names Biggest Waste: Congress

by Bob Adelmann | 6:04 am, October 22, 2012

Behind this story is another more unsettling one: Congress is unwilling to grow a backbone and confront Obama and/or the issues of the day. That means that it is becoming more and more irrelevant as the Executive assumes more and more influence and control.

Tax Cuts for the Rich or Tax Relief?

by Bob Adelmann | 5:04 pm, October 21, 2012

It’s all about how you frame the question, isn’t it? The issue appears to be tax cuts for the rich: should we or shouldn’t we? By framing the question that way, discussion is limited. By re-framing the question, it changes the answers. Thanks to Investors Business Daily for pointing this out. President Obama warned that [...]

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