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Thursday, May 27, 2010

Headline Roundup (5/27/10)

Today's headline roundup covers the global financial crisis and its causes, Apple's meteoric rise, what could be President Obama's very own "Watergate scandal" and sliding poll numbers, and allegations of fraud against the TSA, after a woman lost a $24,000 watch at a government security checkpoint in an airport.

  • Financial Crisis: Is Europe heading for a meltdown? This financial crisis is worse than the sub-prime crash of 2008 because the sums are so much bigger and it is governments that are in dire straits. Edmund Conway explains the dangers.
  • How Central Planning Fails: In diagnosing the problems with Venezuela's economy, the Mises Institute offers some valuable insight into the European and United States economic crises.
  • Obama's Watergate? "An e-mail from Rep. Darrell Issa's (R-Calif.) campaign suggested Wednesday that the controversy over Rep. Joe Sestak's (D-Pa.) alleged administration job offer could be President Barack Obama's Watergate scandal."

W. E. Messamore, Editor in Chief
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