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Category Archives: Finance and economics

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Joe Klein: the IRS targeted conservative groups…

The New Neo Posted on May 13, 2013 by neoMay 20, 2013

…and oh, if only Obama knew! [NOTE: If you want to refresh your memory on the “if only Stalin knew” reference, see this.] [NOTE II: George Will weighs in, asking, “How stupid do they think we are?” My answer: “Very. … Continue reading →

Posted in Finance and economics, IRS scandal, Obama | 15 Replies

The new immigrants: come for the liberty, stay for the welfare

The New Neo Posted on April 24, 2013 by neoApril 24, 2013

Surprised that the Tsarnaevs of Massachusetts received welfare benefits?: The Tsarnaevs’ parents are former recipients of transitional assistance benefits, and both Dzhokhar and Tamerlan Tsarnaev received benefits through their parents when they were younger. Separately, Tamerlan and his family received … Continue reading →

Posted in Finance and economics, Law | 21 Replies

As Denmark goes?

The New Neo Posted on April 21, 2013 by neoApril 21, 2013

Once a population has been welfarized, can a nation go back? Countries in Europe are facing problems as they start to run out of what Margaret Thatcher called “other people’s money.” So Denmark is trying, at least a little bitty … Continue reading →

Posted in Finance and economics, Liberals and conservatives; left and right | 21 Replies

Thoughts on tax day

The New Neo Posted on April 15, 2013 by neoApril 15, 2013

[NOTE: This is an edited version of an essay of mine from the past.] Today is April 15th. This means that millions of us will be making our way to the copy machine and then on to the post office … Continue reading →

Posted in Finance and economics, Me, myself, and I | 5 Replies

Obama: the legacy

The New Neo Posted on April 5, 2013 by neoApril 5, 2013

Obama actually offers up a proposal that at least gives the appearance of being a compromise (entitlement cuts for tax raises), and the left gets angry at him, naturally: Progressive groups and lawmakers, including Sen. Bernie Sanders (I-Vt.), are blasting … Continue reading →

Posted in Finance and economics, Obama | 15 Replies

This was so successful the first time…

The New Neo Posted on April 3, 2013 by neoApril 3, 2013

…let’s do it again!—says the Obama administration: The Obama administration is engaged in a broad push to make more home loans available to people with weaker credit, an effort that officials say will help power the economic recovery but that … Continue reading →

Posted in Finance and economics, Obama | 22 Replies

Cyprus: less is more

The New Neo Posted on April 1, 2013 by neoApril 1, 2013

The latest on the Cyprus banking crisis: Depositors in Cyprus with savings of more than 100,000 euros ($128,000) could face losses of up to 60 percent, under tough conditions attached to an international bailout, Finance Minister Michalis Sarris said Saturday… … Continue reading →

Posted in Finance and economics | 12 Replies

Why the EU is a really, really bad idea

The New Neo Posted on March 29, 2013 by neoMarch 29, 2013

This article by Timothy Garton Ash goes into only part of the reason: Why is Europe in this downward spiral of mutual resentment? Because of the basic design flaws of the euro, certainly. Also because of mistaken economic policies in … Continue reading →

Posted in Finance and economics | 24 Replies

Coolidge: man of the hour

The New Neo Posted on March 26, 2013 by neoMarch 26, 2013

First Shlaes. Now Charles C. Johnson (no, not that one; this one).

Continue reading →
Posted in Finance and economics, Historical figures | 4 Replies

Cyprus and the EU: nobody seems to know…

The New Neo Posted on March 25, 2013 by neoMarch 25, 2013

…what to do about Cyprus. And yet today something—that is, the seizing of a certain percentage of the assets of depositors who have put more than 100 thousand Euros in Cypriot banks—has been decided on: European leaders reached an agreement … Continue reading →

Posted in Finance and economics | 91 Replies

More Obamacare prognostications

The New Neo Posted on March 22, 2013 by neoMarch 22, 2013

Ever since Obamacare was proposed and then passed there has been rampant speculation on what its actual effects will be. It would almost be funny, if it weren’t so sad, how little anyone actually knows about precisely how this new … Continue reading →

Posted in Finance and economics, Health care reform | 16 Replies

Budget passes House: so what?

The New Neo Posted on March 21, 2013 by neoMarch 21, 2013

The House has passed (221/207) what’s known as the “Ryan budget,” after the Democratic proposal failed to garner enough votes. I have mixed feelings about this. On the one hand, I think it’s good that Republicans did something. On the … Continue reading →

Posted in Finance and economics, Politics | 5 Replies

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