13 November 2013

Elizabeth Warren 2016 ~ Wall Street's Worst Nightmare

"There are three words that strike terror in the hearts of Wall Street bankers and corporate executives across the land: President Elizabeth Warren. Anxiety over Warren grew Monday after a magazine report suggested the bank-bashing Democratic senator from Massachusetts could mount a presidential bid in 2016 and not necessarily defer to Hillary Clinton — who is viewed as far more business friendly — for the party's nomination." Cenk Uygur, host of The Young Turks discusses a Presidential bid by Senator Elizabeth Warren.

http://feedproxy.google.com/~r/blogspot/CRkw/~3/0PcJ1vVOrKY/elizabeth-warren-2016-wall-streets.html

Considering the economic ignorance of Warren, I would think that it would take quite a campaign to garner much public support. Then again, we did end up with Bush and then Obama, which is why I have little faith in the political process.

11 November 2013

The Government They Deserve

The Socialist government of Venezuela has seized and is occupying a Best Buy-type of retail chain, claiming the high prices are causing economic woes in the country, despite no empirical evidence. Chavez' successor is up for reelection soon, and it is more likely that dismal support ratings are the reason for the attack on firms, just as Chavez had done for many years before. Blaming capitalism tends to be too common, though capitalism is not allowed to function in these sorts of markets, so the effort is fallacious.

http://feedproxy.google.com/~r/TheWarOnGuns/~3/WYVGYdugQHI/the-government-they-deserve.html