Monday, October 12, 2009

Obama fails to win Nobel prize in economics

Commentary: Michael Moore, Timothy Geithner also passed over

Cartoon by the estimable Michael Ramirez, Investors Business Daily

P.S. Who will write our President Barack Obama's acceptance speech for his peace prize? Bill Ayers? Peggy Noonan? Thomas Friedman? Ich bin ein American? ...TOTUS?

More. Dollar Reaches Breaking Point as Banks Shift Reserves. Bloomberg. Save the Greenback, Mr. President. Larry Kudlow, CNBC:
And they need to stop printing so much debt from Congress. All this massive spending and borrowing is killing us. We need to be slashing tax rates on large and small businesses. There’s just no better place to begin job creation. And leave the Bush tax cuts in place for heaven’s sake.

This supply-side shock therapy would save the dollar. And it would put real long-term torque into the recovery.

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