March 2009
Fast and Thick in the Age of Obama
by Victor Davis Hanson PJ Media One big thing In this fiscal crisis, the public wanted one big thing to quote Archilochus: A reform of the banking industry that offered federal-guaranteed lines of credit to ensure liquidity, and a new transparency so investors would at least know that their supposedly blue-chip AIG stocks or Lehman …
Obamafusion
by Victor Davis Hanson PJ Media Why is Wall Street worried? — Let us count the ways. 1) The proverbial Wall Street capitalists believe that, with new federal income tax rates, the removal of FICA ceilings, increases in capital gains rates, decreases in deductions, and simultaneous tax raises, not only will Obama remove incentives for …