When Alan Greenspan began his political career in 1974, he asked two people to accompany him to his Oval Office swearing-in ceremony as chairman of the Council of Economic Advisers: his mother, Rose Goldsmith, and his guru, Ayn Rand. From the time of his appointment years later as Federal Reserve chair until his retirement in 2006, Greenspan would implement Rand’s ideology of “objectivism” as monetary policy: Counting on market players to self-regulate in the pursuit of their selfish interests, he deregulated the financial industry and scoffed in the late 1990s when warned of the systemic risks posed by the unregulated derivatives market.

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  • Marge Has A Plan To Shoot Down Jersey Drones
    Crooks and Liars, Wednesday - 12/18/2024 - 07:24 PM

    Far-right Rep. Marjorie Taylor Greene’s latest conspiracy theory just dropped. Mysterious drones have been spotted across the eastern U. S. over the past month, sparking concerns from citizens and drawing the attention of the FBI. And while the FBI and Department of Homeland Security have said the drones do not pose “a national security or public safety threat,” Greene has taken that information and spun it into a new conspiracy.

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  • Catholic Charities Meets Karma
    Crooks and Liars, Wednesday - 12/18/2024 - 07:23 PM

    Catholic Charities, a social service agency, applied to be exempt from paying the unemployment tax in Wisconsin, based on their affiliation with the Catholic church. This was denied, so Catholic Charities turned the other cheek and sued the state and repeatedly lost, all the way up to the state supreme court:: In light of all that, Catholic Charities applied to the state for an exemption from paying unemployment taxes for its employees.

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  • Biden Finally Calls For Ban On Congressional Stock Trading
    Crooks and Liars, Wednesday - 12/18/2024 - 07:00 PM

    President Joe Biden endorsed a ban on congressional stock trading in an interview released this week, belatedly weighing in on an issue that has been debated on Capitol Hill for years. Better late than never -- millionaire Congress members have fueled the cynicism of voters for decades. Via the AP: “Nobody in the Congress should be able to make money in the stock market while they’re in the Congress,” Biden said. [] It’s unclear what impact Biden’s statement could have, coming only a month before his term ends. The Democratic president spoke to Shakir about his economic legacy, which includes supporting unions, investing in clean energy projects and signing infrastructure.

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  • Top 5 Most Aggravating Features Of Health Insurance
    Crooks and Liars, Wednesday - 12/18/2024 - 06:00 PM

    Monica S. Aswani, University of Alabama at Birmingham and Paul Shafer, Boston University The U. S. has made great progress in getting more people insured since the Affordable Care Act took effect in 2014. The share of uninsured Americans ages 18 to 64 fell from 18% before the ACA to 9.5% in 2022.

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  • Has the House denied Matt Gaetz even a pretense of due process?
    American Thinker, Wednesday - 12/18/2024 - 12:00 AM

    If what Matt Gaetz says is true, the report the House Ethics Committee plans to release—if it says bad things about him—is vindictive and possibly defamatory.

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  • Peak Porkulus: Rand Paul stands between us and Democrats' fiscal spendathon
    American Thinker, Wednesday - 12/18/2024 - 12:00 AM

    We need a Milei. Rand Paul is our Milei. And Elon Musk is right behind him.

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