Countering the Conservative Story of Outrage

March 30, 2008 at 10:00 am

I recently stumbled on an interesting piece of history called the Powell Memo that laid out the conservative plan for winning the hearts and minds of Americans. Written in 1971, almost every facet of the Powell Memo has come to be realized, from the creation of conservative think tanks, to […]

The Bernanke Rules for Mortgage Lending

March 28, 2008 at 10:37 am

Ben Bernanke outlined several basic consumer protection rules in a recent speech at the National Community Reinvestment Coalition’s annual meeting. I have to give Bernanke credit for trying to strike a balance and use regulation effectively to benefit both groups: lenders and borrowers. Here is how Bernanke framed the proposed […]

The Federal Reserve’s Contribution to Inflation

March 27, 2008 at 9:00 pm

Though I’m not in favor of a gold standard, it’s interesting to hear Ron Paul talk about how printing more money makes prices higher for the average American. Think about it this way, if you look at the price of oil in terms of gold, it has remained almost unchanged […]

A Crisis of Confidence: Part II

March 25, 2008 at 2:43 pm

Newsweek just published an article about how a lack of confidence doomed Bear Stearns. Here are a couple of interesting points from the article: “A company is only as solvent as the perception of its solvency,” Oppenheimer analyst Meredith Whitney Bernanke declared the subprime crisis contained last year even as […]

A Crisis of Confidence

March 23, 2008 at 6:33 pm

Not long ago, President Bush visited Saudi Arabia to ask the Saudis to turn up the spigots. The Saudis, however, didn’t bite and stated that the price of oil may be the least of our concerns. ”The concern for the U.S. economy is valid, but what affects the U.S. economy […]

Fundraising Letter from the NRCC

March 15, 2008 at 8:44 pm

This week I received a mailer from the National Republican Congressional Committee (NRCC) thanks in large part, I believe, to my communications to Senator George Voinovich. The NRCC letter contained a survey that was quite interesting. Many of the questions fed on fears spread by talk radio and others just […]

What Do Democrats Want When They Say “Experience”?

March 9, 2008 at 6:31 pm

Hillary Clinton claims that we should hire the person with the most experience to be President. It’s an interesting argument, but what is really going on here? There are two ways you could look at the term “experience” when it comes to this race: Political experience Experience fighting Republicans Most […]

The Irony of “Blame Government” Politicians

March 2, 2008 at 5:22 pm

In the ’80s, conservatives introduced the frame of smaller government which has transformed itself into “government is bad” or the “blame government” frame: Here’s some statements you’ll frequently hear from “blame government” politicians: It’s inefficient The market can do a better job End “big government” Government supports welfare and entitlement […]