The Yield Curve Is Signaling Bigger Growth By Lawrence Kudlow
What's a yield curve, and why is it so important?
What's a yield curve, and why is it so important?
It's time to blow the whistle on two erroneous statements that opponents and proponents of the health care legislation being jammed through Congress have been making.
Taking stock this second Christmas after the election of Barack Obama to the presidency -- as a conservative Republican (with growing "tea party" tendencies) -- I'm filled with a thrilling, unexpected hopefulness that the president may be well on his way to losing his battle for the hearts and minds of the American people -- tempered by a shocked disbelief that so much long-term damage could be perpetrated on our economy, national security and way of life in just 11 months of ill-judged governance.
Or happy holidays.
Does it really matter?
Once again this year, there are folks howling about the so-called "War on Christmas." With real wars in Iraq and Afghanistan, not to mention painfully high unemployment that has left parents struggling to play Santa, you'd think people would have better things to worry about. Think again.
For years, global warming alarmists have pointed to every drought and heat wave as proof that global warming was a real environmental threat. They had few qualms about blurring the line between weather and climate to make a PR point.
Many have bemoaned the near-extinction of the political species known as the moderate Republican. Once thriving in cold habitats, particularly New England, socially liberal but fiscally conservative Republicans were gradually displaced by Democrats. The loss of these bridge-builders has left the Republican Party largely in the hands of the bridge-burners, and to the detriment of America.
In the Bella Center on the south side of Copenhagen and in the Senate chamber on the north side of the Capitol, we're seeing what happens when liberal dreams collide with American public opinion. It's like what happens when a butterfly collides with the windshield of a speeding SUV. Splat.
Gavin Newsom is at it again. The San Francisco mayor's latest foray into annoying nanny statism is a proposal, reported in The Chronicle last week, to require the city's cell phone retailers to post the radiation levels of their products.
It's not exactly surprising to read major news organizations confirming that Elin Nordegren, the No. 1 search name on Google of late, is planning to divorce Tiger Woods.
The most endangered species in Washington may well be the moderate. Consider the long knives pointed at the heart of Sen. Joe Lieberman.
When Joe Lieberman said he would probably support the health care legislation -- now that the public option and Medicare buy-in are being stripped out -- the Democrat-turned-independent should have rightfully faded from the headlines. But the senator from Connecticut made sure that didn't happen by telling CNN that he might run again as a Republican.
Helicopter Ben Bernanke passed the Senate Banking Committee vote on his reconfirmation.
By bowing to Sen. Joseph Lieberman and his obstructive pals in both parties on health care reform, President Obama has confirmed what Republicans always say about Democrats: They simply aren't strong enough to govern. Or at least the Democrats elected last year -- and their colleagues in the Senate leadership -- don't seem to be.
How does a group where the majority of members voted in favor of health care reform get in the liberals' doghouse? Just ask the Blue Dog Democrats. The Blue Dogs are a coalition of 52 fiscally conservative U.S. House members who have made headlines for their ardent negotiations with House Speaker Nancy Pelosi. Although more than half of the Blue Dogs voted for the initial House health care bill, the coalition still provided 24 of the 39 Democratic "no" votes, cementing their place on the liberal naughty list.
While Senate Majority Leader Harry Reid scrambles to assemble 60 Democratic votes for health care legislation that, according to the realclearpolitics.com average of recent polls, is opposed by a 53 percent to 38 percent margin, several Democratic members of the House are scrambling for the exits on what is starting to look like a sinking ship.
One of the oldest clichés in the book defines insanity as doing the same thing “over and over again” and expecting a different result.
As the Democrats in Congress approach the end of a frustrating first year's legislative effort, their leaders and the White House are being tempted by three possible shortcuts around the regular lawmaking process.
Whatever it takes.
Whatever Joe wants.
That's the short answer to what the Democrats will do to get health care reform passed. If Joe Lieberman doesn't want 55-year-olds to buy into Medicare, they won't. Poof. Gone.
Sly industry-sponsored ads in which ordinary Americans worry about some scheme in Congress generally irritate me. A grunt greeted the TV spot you've no doubt seen: A woman unloading groceries frets over a proposed "tax on juice, milk and soda" as Americans like her count every penny.
The U.S. Senate defeated an amendment last week to restrict taxpayer funding of abortions under Obamacare. Sen. Barbara Boxer, D-Calif., voted against the measure, arguing that it would require women to buy special riders to purchase abortion coverage.