A Challenge for Towns

Crains Insider (subscription required) reported this morning that Charles Barron will take a run at the Brooklyn congressional seat held by Ed Towns, who raised the ire of the left by backing the Central American Free Trade Agreement.

The question: Will the laborite groups that want to take Towns out, like the Working Read More

Is Alan Greenspan Just Another Pretty Face?

One of the bubbles that has yet to be broken is the esteem in which Americans hold our Federal Reserve chairman, Alan Greenspan. “His mumbles about the mysteries of finance have brought comfort to many,” writes Grant’s Interest Rate Observer. As Grant’s notes, at the height of the bull market, 50 percent of Americans had Read More