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Keyword: steveforbes

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  • Steve Forbes: Link Dollar To Gold Or Face Great Depression II

    06/03/2014 9:25:18 AM PDT · by blam · 43 replies
    Washington Examiner ^ | 6-3-2014 | Paul Bedard
    Paul Bedard June 3, 2014 Influential financial publisher and former presidential candidate Steve Forbes is out with a new warning that the U.S. faces an economic catastrophe due to the Federal Reserve's loose dollar policy, and returning to a strict “gold standard” is the only way to avoid disaster. In Money: How the Destruction of the Dollar Threatens the Global Economy -- and What We Can Do About It, Forbes blames President Obama's money team for the stagnant economy, high prices, declining mobility and big government. "[The Fed's] vastly misguided monetary policies are now setting the stage for a new...
  • The Bankruptcy Of Modern Economics

    12/07/2013 6:03:14 AM PST · by IbJensen · 20 replies
    Forbes Magazine | December 2, 2013 Issue | Steve Forbes
    (This cover of the eminent Economist says it all.) The resounding victory of N.J. Governor Chris Christie has people speculating about the 2016 presidential race, particularly on the Republican side, since it’s a given among pols and pundits that Hillary Clinton’s nomination for the Democrats is a foregone conclusion (it isn’t, but that’s another discussion). The ObamaCare debacle and the foreign policy crises resulting from the President’s weakening of American power will be in the forefront. So will the economy. And it’s in this area that candidates must exhibit an understanding that has dangerously eluded too many policymakers and...
  • James Pethokoukis: Fix, Don’t Flatten, the Tax Code

    05/28/2013 8:09:44 AM PDT · by SeekAndFind · 32 replies
    National Review ^ | 05/28/2013 | James Pethokoukis
    If the sluggish U.S. economy wasn’t reason enough for tax reform, the ongoing IRS scandal demonstrates how a devilishly complex tax code enables government mischief. But the flat tax — a longtime policy goal for many on the right — isn’t the realistic answer to either problem. Flat-tax advocates see headlines about an out-of-control IRS as a chance to put the idea back on the public-policy radar in way it hasn’t been since the 1990s. “This is why you need a flat tax,” Wall Street Journal economics writer Stephen Moore told Fox News recently. “If you get rid of two-thirds...
  • Steve Forbes: Nothing Wrong With Kicking Can Down Road

    12/15/2012 6:11:21 PM PST · by Olog-hai · 20 replies
    Newsmax ^ | Saturday, 15 Dec 2012 12:04 PM | Sandy Fitzgerald and John Bachman
    Former presidential hopeful, Steve Forbes said he believes Republicans would be best served postponing “everything” before passing any laws to avoid the looming fiscal cliff. “Just say everything stays the same for another three months, six months because early next year it will be apparent that doing harm to this economy is not going to be a smart thing to do,” Forbes said in an exclusive interview with Newsmax.TV. “The president hopes to ram this through before the shakiness of the economy becomes evident to the voters.” …
  • Steve Forbes: Message To GOP: No Tax Increases! Go On Offense!

    12/07/2012 3:07:41 PM PST · by SeekAndFind · 14 replies
    Forbes ^ | 12/07/2012 | Steve Forbes
    Mr. Speaker: We are losing the cliff war in terms of public opinion, but the tables can be turned. A few days ago you offered tax increases via eliminating or capping deductions. Your generous gesture won no goodwill from Democrats and the mainstream media. Moreover any tax increase now only damages the economy. Concerning deductions, why give stuff away now for no real tax reform or simplification? Here’s what the GOP should do now: I. The House passes a bill extending for a year or at least six months all the cliff items – current income tax rates; the Alternative...
  • Steve Forbes: Romney Will Win Decisively (321 EVs)

    11/06/2012 2:06:32 PM PST · by nhwingut · 54 replies
    Forbes ^ | 11/06/2012 | Steve Forbes
    Mitt Romney will win big tonight. His popular vote margin will be between 3 – 5%. He will win the Electoral College I believe by a vote of 321 to 217, and with luck, even more. He will win all of the states McCain carried in 2008 which will give him 180 electoral votes. He will also carry the three states that normally go Republican that in 2008 went for Obama – Indiana, North Carolina and Virginia. That brings him to 219. He will also take Florida, which will bring him to 248 votes. Although the Obama campaign will deny...
  • Yes, Atlas Will “Shrug,” Eventually

    10/21/2012 6:38:58 AM PDT · by Kaslin · 16 replies
    Townhall.com ^ | October 21, 2012 | Austin Hill
    “People call this the ‘new normal.’ Let me assure you there is nothing normal about this at all. It’s the new ‘abnormal,’ and it won’t last, because as free people we won’t stand for it…”With those remarks, business magnate and former presidential candidate Steve Forbes drew thunderous applause from his audience last Wednesday. Headlining the “Power Up!” business and motivational seminar with Sarah Palin, Rudy Giuliani, and Indian-born Zig Ziglar protégé Krish Dhanam, Mr. Forbes was speaking before a crowd of ten thousand at the Idaho Center indoor sporting complex. Forbes had just finished explaining why a confluence of...
  • Your Fair Share

    09/22/2012 4:14:03 AM PDT · by Kaslin · 15 replies
    Townhall.com ^ | September 22, 2012 | John C. Goodman
    Barack Obama doesn't think the rich are paying their fair share of income taxes. So what is their fair share? I posed this question to Fox News commentator Juan Williams in Dallas the other day. "The top 10 percent of income earners are paying 71 percent of all income taxes," I said. "Isn't that enough?" Although Juan was trying to defend the Obama position, he didn't have an answer. Then I turned the question around. "The bottom one-half of the population is paying zero, or close to zero, income taxes. What's their fair share?" He didn't have an answer to...
  • Steve Forbes Says Perry Has 'Chance to Move Up'

    12/07/2011 3:30:39 PM PST · by 2ndDivisionVet · 34 replies
    NewsMax ^ | December 7, 2011 | Hiram Reisner
    Publisher Steve Forbes says he has no trepidation in backing Rick Perry for president, despite his low poll numbers, because the presidential race remains “fluid.” Forbes — who ran for president twice himself — also told CNN’s Wolf Blitzer Tuesday that he has no trouble with Perry’s occasional gaffes, as the Texas governor comes “across much better in person.” “I think this race has proved it is a very fluid situation and already Newt Gingrich is starting to get some of the flak that every temporary front-runner seems to get,” Forbes said. “So I think this is going to be...
  • How Rick Perry's Flat-Tax Plan Would Accelerate Health Reform

    10/30/2011 4:42:28 PM PDT · by casinva · 23 replies
    Forbes ^ | October 25, 2011 | Avik Roy
    As you may know, Republican Presidential candidate Rick Perry is unveiling his proposal for an optional flat tax. ...Of equal importance, Perry is for the first time unveiling his thoughts on Medicare reform. ___ Perry reforms could significantly expand the individual health insurance market. As I’ve written many times, the employer tax exclusion for health insurance is American health care’s original sin: a $300 billion-a-year tax subsidy that is arguably the largest driver of runaway health spending in America. People who get insurance through their employers are that much further removed from shopping for less wasteful, more value-oriented health plans....
  • Steve Forbes: Rick Perry will win the Republican nomination

    10/29/2011 11:42:03 AM PDT · by Innovative · 103 replies
    The State Column ^ | Oct., 27, 2011 | Staff
    Former presidential candidate and current media mogul Steve Forbes said Thursday the Texas Republican governor Rick Perry is likely to capture the Republican presidential nomination. "He was good on taxes and spending in Texas; he was very good on tort reform. Texas has been a cesspool for injury lawyers, and he made major changes - and the proof of it was they all moved to Oklahoma. And obviously I like his ideas on a flat tax. I think he genuinely wants to get the thing done. So it seems to be a good combination," Mr. Forbes said in an interview...
  • Romney buys ads blasting Forbes tax proposal (1996)

    10/27/2011 5:39:41 PM PDT · by mnehring · 11 replies
    Boston Globe Archive ^ | Archive 1996
    Plunging into the heated debate over taxes among Republican presidential contenders, former US Senate candidate Mitt Romney today is running a series of full-page newspaper ads attacking the 17 percent flat tax proposed by candidate Steve Forbes. "The problem with the Forbes flat tax is that it isn't flat at all -- it's a zero tax on the wealthy and a 17 percent tax on working Americans," Romney said yesterday. "I'm hoping that by running these ads voters will realize the Forbes flat tax is a gimmick, a phony, and not what it pretends to be." The ads note that...
  • Rick Perry gets Forbes endorsement (Watch Video)

    10/24/2011 9:41:46 AM PDT · by SeekAndFind · 30 replies
    Hotair ^ | 10/24/2011 | Ed Morrissey
    Call this post “the good, the bad, and the ugly” for Rick Perry today to start off a new week for his campaign. He clearly wanted to start with a boost, and had fiscal-conservative icon Steve Forbes on Fox News yesterday with an endorsement of the Texas governor, tied to the upcoming release of Perry’s economic recovery plan based on the Flat Tax that Forbes himself championed in the 1990s: On Tuesday, Rick Perry will unveil his economic plan which includes measures to drastically reform the tax code and lower the corporate tax rate. It will also, he says, provide...
  • Steve Forbes: Feeling flat (The long American tax nightmare is ending)

    10/24/2011 6:50:11 AM PDT · by SeekAndFind · 12 replies
    New York Post ^ | 10/24/2011 | Steve Forbes
    The Rise of Herman Cain’s 9-9-9 and other Republican plans show the nation is hungry for a flat tax The nightmare on Main Street -- the federal income tax code -- is ending, which is fantastic news for our beleaguered economy. Dramatically simplifying this monstrosity would unleash a powerful wave of prosperity and job creation. Thankfully in 2012 we will get a mandate to make this happen. Presidential contender Herman Cain vaulted to the head of the Republican pack when he proposed his 9-9-9 plan -- a flat 9% income tax, corporate tax and national sales tax. Even better, Texas...
  • Steve Forbes Endorses Rick Perry for President (4:21 minute video)

    10/23/2011 7:22:15 PM PDT · by casinva · 215 replies
    YouTube Video ^ | October 23, 2011 | Video Fox
    Please go to the link to see a video interview of Steve Forbes' endorsement of Rick Perry for POTUS and hear a glimpse of what The Perry Plan offers and what that will mean to America.
  • Steve Forbes Endorses Rick Perry's Flat Tax Plan (Says it's better than Cain's 9-9-9 plan)

    10/23/2011 5:55:21 PM PDT · by SeekAndFind · 81 replies
    Business Insider ^ | 10/23/2011 | Zeke Miller
    Two-time presidential candidate Steve Forbes endorsed Texas Gov. Rick Perry's presidential bid — and his campaign's flat tax — in an interview on Fox News. Forbes said Perry's plan will have "a very low rate, with great, generous exemptions for adults and for children," adding it would also lower the corporate tax rate. Businessman Herman Cain has said he is modeling his 9-9-9 plan on Forbes' flat tax principles — though according to a Forbes spokesman, Cain and Forbes have never discussed the plan. Forbes said he believes Perry's plan will be more appealing than Cain's because it does not...
  • Rise of Cain’s 999 and other Republican plans show the nation is hungry for a flat tax

    10/22/2011 8:54:24 PM PDT · by casinva · 20 replies · 1+ views
    The New York Post ^ | October 22, 2011 | STEVE FORBES
    The nightmare on Main Street -- the federal income tax code -- is ending, which is fantastic news for our beleaguered economy. Dramatically simplifying this monstrosity would unleash a powerful wave of prosperity and job creation. Thankfully in 2012 we will get a mandate to make this happen. Presidential contender Herman Cain vaulted to the head of the Republican pack when he proposed his 9-9-9 plan -- a flat 9% income tax, corporate tax and national sales tax. Even better, Texas Gov. Rick Perry will, in a few days, unveil his version of a flat tax, a concept that I...
  • Sarah Palin: Perry's Flat Tax - "That's Going to Gain Momentum!"

    10/21/2011 1:43:29 PM PDT · by Cincinatus' Wife · 122 replies
    Hanniy on Fox News ^ | October 20, 2011 | Hannity inteviews Sarah Palin
    "Rick Perry -- now coming out with, really embracing Steve Forbes' flat tax idea -- that's going to gain momentum. I look forward to hearing more of the details," she said. "In fact, when I heard that Rick Perry was embracing of Steve Forbes' idea, I went into my garage and dug out an old book from 1999 that Steve Forbes had written. ......Many aspects of it make so much sense - - about the freedom to choose - taxpayer how to file your taxes …..choose a simpler, fairer flat tax…..many of the aspects of it make so much sense."....
  • How flat will Rick Perry's flat tax be?

    10/21/2011 12:10:06 PM PDT · by Cincinatus' Wife · 15 replies
    Christian Science Monitor ^ | October 21, 2011 | Peter Grier
    [snip] “Any flattening of the tax rates would have distributional consequences across income classes,” wrote CRS economics specialist Jane Gravelle. Of course, to many flat tax proponents, that is part of the point of such a system. Nobel prize-winning economist Milton Friedman, the modern father of the flat tax, challenged progressive taxation as inherently unfair. After all, even under a flat tax, the wealthy pay more, as they have more income, noted Friedman. To increase the percentage of their burden is to use the tax system as a means to redistribute income, in his view. “This seems a clear case...
  • Steve Forbes to Newsmax: Obama, Bernanke Must Go

    08/31/2011 10:12:33 PM PDT · by Publius804 · 17 replies
    Newsmax ^ | 31 Aug 2011 | Jim Meyers and Kathleen Walter
    Former presidential candidate and Forbes magazine editor Steve Forbes tells Newsmax that President Obama’s planned economic reforms are “the definition of insanity” — repeating failed policies in the hopes that somehow they will become successful. In a wide-ranging exclusive interview, Forbes also declares that Federal Reserve Chairman Ben Bernanke should have resigned a long time ago, says Obama will be a one-term president, and looks for significant and positive reforms in Washington after the 2012 elections. He also predicts the United States will make an “astonishing” move and return to a gold standard in the next five years, and says...
  • Steve Forbes: "The US Will Likely Have A Gold Standard Within The Next Five Years"

    05/11/2011 8:42:31 AM PDT · by SeekAndFind · 28 replies
    Zero Hedge ^ | 05/11/2011 | Tyler Durden
    And another advocate for the only logical outcome out of the disastrous monetary and fiscal catastrophe the US finds itself in emerges in the face of billionaire, and open administration critic, Steve Forbes. From Human Events: "A return to the gold standard by the United States within the next five years now seems likely, because that move would help the nation solve a variety of economic, fiscal, and monetary ills. “What seems astonishing today could become conventional wisdom in a short period of time,” Forbes said. Such a move would help to stabilize the value of the dollar, restore confidence...
  • Forbes Predicts U.S. Gold Standard Within 5 Years

    05/11/2011 5:27:51 AM PDT · by Bigtigermike · 34 replies
    Human Events ^ | Wednesday May 11, 2011
    A return to the gold standard by the United States within the next five years now seems likely, because that move would help the nation solve a variety of economic, fiscal, and monetary ills, Steve Forbes predicted during an exclusive interview this week with HUMAN EVENTS. “What seems astonishing today could become conventional wisdom in a short period of time,” Forbes said. Such a move would help to stabilize the value of the dollar, restore confidence among foreign investors in U.S. government bonds, and discourage reckless federal spending, the media mogul and former presidential candidate said.  The United States used...
  • Steve Forbes Wants A Replacement Of The HCR Bill With One That Would Be Like The Food Stamp Program?

    01/04/2011 8:22:45 AM PST · by Laissez-faire capitalist · 73 replies
    1/4/2010 | Laissez-Faire Capitalist
    I was watching Forbes on Fox yesterday, and I could have sworn that I heard Steve Forbes say that a potential repeal and replace of Obama Care could be accomplished by Republicans pushing for a repeal and a replacement with a Health Care bill that would be similar to the food stamp program - and it would be set up on a sliding scale basis. This got me to thinking... How could Dems possibly be against this? First of all, it could be set up as being voluntary - no individual mandate. No one is required to sign up for...
  • Forbes fade-out (Steve Forbes and other founding family members exit Forbes Media)

    11/16/2010 11:50:57 AM PST · by WebFocus · 4 replies
    New York Post ^ | 11/16/2010 | Keith J. Kelly
    For the first time since B.C. Forbes launched his namesake magazine 93 years ago, there will be no members of the founding family involved in the day-day operations of the corporation. The reigning Forbes family scions -- Chairman and CEO Steve Forbes and Chief Operating Officer Tim Forbes -- are exiting management of Forbes Media and turning the firm over to an outsider. Publishing industry veteran Mike Perlis will be president and CEO, a new title at Forbes, as it scrambles to solve the riddle of how to blend its digital and print domains. Steve Forbes, who is also editor-in-chief...
  • Steve Forbes declares : Energy Crisis Over!

    10/28/2010 7:43:12 AM PDT · by SeekAndFind · 37 replies
    Forbes ^ | 10/28/2010 | Steve Forbes
    The Energy Crisis is Over! Not because of some humongous breakthrough in alternative energies but because of new ways to access two sources widely used today: oil and natural gas. The recent news story about China's national oil company, Cnooc, purchasing a stake in Chesapeake Energy's Texas shale oil and gas fields and agreeing to pony up most of the capital to develop them underscores what an amazing transformation is taking place in the U.S.' energy picture. The word "revolution" is overused, but it's truly appropriate when applied to these technological breakthroughs: hydraulic fracturing--a.k.a. fracking--and horizontal drilling. With fracking, drillers...
  • Steve Forbes : A Short Money Treatise for D.C. Dummies

    10/11/2010 2:36:13 PM PDT · by WebFocus · 14 replies
    Forbes ^ | 2010 | Steve Forbes
    EXCERPTS: It's time to get back to basic economics. Money--both the paper and electronic varieties--is, in and of itself, worth nothing; it has no intrinsic value. It is a means--and a profoundly important one--of enabling people to more easily conduct transactions without having to go through the clumsy and utterly inefficient barter process. For example, when we sell a subscription to Forbes we don't receive in return an endless variety of products (loaves of bread, goat cheese, hot dogs, shoes, blouses and neckties, etc.) or services (two hours of lawn mowing, etc.). We are paid in cash and can then...
  • Steve Forbes on Overseas Wars, the Coming Gold Standard and the Rise of 'Citizen Agitation'

    08/29/2010 4:35:57 PM PDT · by dynachrome · 28 replies
    Daily Bell ^ | 8-29-10 | Ron Holland
    Daily Bell: What is your overwhelming political concern these days? Is it financial? Economic? Sociopolitical? What are you most worried about for America? Steve Forbes: Right now my biggest concern is misbegotten ideology and economic thinking from Washington. What we are experiencing now is what you might call a form of soft-core socialism or quasi-Third World socialism where the government doesn't take over industries but, in effect, dominates industries so that you can't do anything without the permission of the federal government. You see it in health care, in finance and in the new so-called financial reform bill. I think...
  • Forbes: Obama Thinks He’ll be on “Mount Rushmore”; Willing to Sacrifice Dems to His "Revolution"

    08/26/2010 3:24:54 PM PDT · by Federalist Patriot · 34 replies
    Freedom's Lighthouse ^ | August 26, 2010 | Brian
    Here is video of Steve Forbes assessing President Barack Obama and his ideology about as well as I have heard it expressed. Forbes contends Obama is “ideologically-driven,” and that he believes he will be remembered as a “great President” for the things he has already done. He said that in Obama’s “semi-socialist mind,” that’s pretty good work for the first two years. Here is how Forbes summarized Obama’s thinking: “He feels that, in terms of what he’s done, long-term it will make him a great President – put him on Mount Rushmore – change America from a greedy nation to...
  • Kudlow, Forbes Debunk Krugman's 'Third Depression' Call

    06/29/2010 7:29:26 AM PDT · by Rufus2007 · 11 replies
    Newsbusters ^ | June 29, 2010 | Jeff Poor
    It's hard to imagine an economist being provocative, but Paul Krugman, a Nobel Prize winner, has managed to do so. In his June 28 New York Times op-ed, Krugman argued that since governments around the world aren't willing to double-down on Keynesian policies meant to stimulate the global economy, the United States and the rest of the world are facing a third depression. But on CNBC's June 28 "The Kudlow Report," host Larry Kudlow asked if Krugman's premise were true, how come none of the measures being applied, which Krugman advocates more of, have failed to have any effect on...
  • Sarah Palin, Forbesian

    06/13/2010 8:20:54 PM PDT · by Bigtigermike · 42 replies · 1,392+ views
    Nation Review ^ | Sunday June 13, 2010 | Jane Nordlinger
    A few days ago, I did a post in which I linked to an article about Sarah Palin. The article was published shortly after Palin was nominated for vice president. My purpose in citing the article was to say something about Palin and Israel. But I noticed something else in the article that I thought I’d bring up here. In the 2000 presidential cycle, Palin was mayor of Wasilla. And she was formally with . . . whose campaign? Steve Forbes’s. I think that most people think of Palin as a “social conservative,” as indeed she is. But she’s also...
  • Steve Forbes : A Short Money Treatise for D.C. Dummies

    04/27/2010 10:43:16 AM PDT · by SeekAndFind · 5 replies · 472+ views
    Forbes ^ | 04/27/2010 | Steve Forbes
    A devastating trade war with China has once again been averted, thanks to some last-minute diplomacy. But the destructive idea behind this ongoing crisis is still there, which means the dispute will undoubtedly flare up again. Uncle Sam believes Beijing manipulates its currency, the yuan, to give China an unfair trade advantage. Washington claims that since China's economy has long been strong and growing rapidly the yuan should go up against the greenback as if it were a common stock experiencing a surge in earnings. This theory is preposterous, but it has a stranglehold on Washington policymakers in both the...
  • The Son Also Rises-Rand Paul’s surprisingly successful campaign for Senate

    04/13/2010 7:18:19 AM PDT · by Bratch · 7 replies · 315+ views
    Reason.com ^ | May issue | W. James Antle, III
    The Rally for the Republicans at the Kentucky Fair & Exposition Center isn’t your standard rubber-chicken campaign event. Frank Simon, a Louisville religious-right leader known for his strong opposition to gay marriage, leads the crowd of 800 in the Pledge of Allegiance. The Rev. Jerry Stephenson, a conservative black pastor, delivers the invocation, asking “Father God” to “help us start a revolution.” Then the Grammy-nominated rock and reggae singer Aimee Allen, decked out in tattoos, patterned stockings, and high-top sneakers, performs a three-song set, culminating in an anthem helped along by the candidate’s sons on acoustic guitars: “We don’t want...
  • Steve Forbes: A Grotesquerie [ObamaCare, The Markets and Socialism]

    04/03/2010 4:54:38 PM PDT · by 2ndDivisionVet · 31 replies · 1,527+ views
    Forbes ^ | April 3, 2010 | Steve Forbes
    With an ice-cold disdain for public opinion and an obsession worthy of Lenin, President Obama and Speaker Nancy Pelosi rammed ObamaCare through the House by unprecedented parliamentary trickery, bribery and deceit. The President has thereby poisoned the national political well. But the health care fight has just begun. Substantive constitutional court challenges are coming. Congressional elections are around the corner, and there's a growing opposition that wants to undo what Obama has just done. The President will discover that, ultimately, the American people's tenacity will overwhelm his--and he will be a failed President. But the cost of his public-be-damned attitude...
  • ‘Agitator’ Steve Forbes slams Fed, Obama for crisis

    02/03/2010 2:21:34 AM PST · by xtinct · 10 replies · 1,159+ views
    Boston Herald | 2/3/10 | Thomas Grillo
    Former presidential candidate Steve Forbes blamed the Federal Reserve for sparking the recession and said President Obama has hindered the recovery. In a speech yesterday to the Boston College Chief Executives’ Club, the editor in chief of Forbes magazine said the economic crisis was avoidable. “It was the result of a series of mistakes starting with the Federal Reserve, and not a sudden outburst of greed,” he said. “The Fed ginned up the monetary printing press and kept interest rates artificially low.” The result, he said, caused cataclysmic events including the bursting of the commodities and housing bubbles that sent...
  • Former presidential contender Forbes to endorse Paul’s U.S. Senate bid

    01/04/2010 6:49:01 PM PST · by Sofia · 9 replies · 635+ views
    Bluegrass Politics ^ | January 04, 2010 | Jack Brammer
    FRANKFORT – Former presidential candidate Steve Forbes is to endorse Rand Paul’s Republican campaign for U.S. Senate, Paul’s campaign manager, David Adams, said Monday. Adams said the campaign will issue a news release Tuesday about Forbes’ endorsement. Forbes was a Republican candidate in the presidential primaries in 1996 and 2000. He primarily ran on a campaign to establish a flat income tax. Forbes also is editor-in-chief of business magazine Forbes.
  • In-credit-able!

    12/11/2009 11:01:19 PM PST · by SupplySider · 16 replies · 724+ views
    Forbes.com ^ | 12/12/09 | Steve Forbes
    Even if the Federal Reserve gets around to strengthening the dollar--which would do wonders to get the economy really moving again--we still face a mammoth and growing problem: the government's increasing domination and distortion of the capital markets. It's not only the need to finance Uncle Sam's deficits that crowds out other credit seekers in the marketplace. It's also the proliferation of government entities (think Fannie Mae and Freddie Mac), government loan guarantees, tax credits and the government's growing sway over the banking sector. Even if Washington's red ink were back to the levels of a couple of years ago,...
  • IN THIS ECONOMIC MELTDOWN, WHERE IS STEVE FORBES?

    07/06/2009 6:59:32 PM PDT · by RED SOUTH · 135 replies · 2,106+ views
    Joel C. Rosenberg
    (Washington, D.C., July 6, 2009) -- As I traveled throughout the U.S. on my recent book tour, I kept running into people who would ask me, "Where is Steve Forbes? The economy is melting down. We need his economic expertise right now." I couldn't agree more. Steve's message in the 1990s of free market ways to create hope, growth and opportunity at home and abroad may have seemed too bold to the GOP establishment at the time. But it's desperately needed today. His plan to scrap the corrupting federal tax code - "We need to take the tax code and...
  • ‘I’d Tell Geithner To Quit And Go To Pastry Chef School’

    03/10/2009 5:50:18 AM PDT · by governsleastgovernsbest · 19 replies · 1,778+ views
    FinkelBlog ^ | Mark Finkelstein
    Just in case the SNL skit wasn’t sufficient to send Tim Geithner the message, today’s Early Show has provided another harsh dose of reality for the Secretary of the Treasury. Grading his performance, an economics prof has said that if Geithner were his grad student, he’d tell him to quit and register in pastry chef school . . . Harry Smith had assembled a panel of economic experts to grade the Obama administration on its performance to date on the economy. Of course in these situations, a network can control the outcome through its choice of guests. Interestingly, there were...
  • Forbes: Obama Will Be Forced to the Center

    11/06/2008 6:28:48 PM PST · by Publius804 · 66 replies · 2,247+ views
    moneynews.newsmax.com/ ^ | November 6, 2008 | Gene Koprowski
    Forbes: Obama Will Be Forced to the Center Thursday, November 6, 2008 2:52 PM By: Gene Koprowski Steve Forbes, editor-in-chief of Forbes magazine, says he expect President-elect Barack Obama to be forced by the economy to "govern from the center," not the far left, as some fear. "When Clinton came into office, the economy was growing at a 4 percent rate at the end of 1992. Now we have negative growth. Last quarter was 0.3 percent decline,” Forbes told Fox Business News. “So, short term, yes. Obama will move to the center. He is a calculating enough man to know...
  • Higher Oil Prices Weren't Caused By Supply & Demand

    10/26/2008 2:23:46 AM PDT · by ari-freedom · 32 replies · 1,227+ views
    Forbes ^ | November 10, 2008 | Steve Forbes
    For decades the prices of gold and oil have closely paralleled one another. In 2003 an ounce of gold would have bought you 12 barrels of oil. Today that ounce will buy you about 11 barrels, even though the nominal price of oil is almost three times what it was in 2003. Thus most of the oil increase is a result of dollar inflation, not traditional supply and demand.
  • How Capitalism Will Save Us

    10/24/2008 3:25:50 AM PDT · by ari-freedom · 22 replies · 639+ views
    Forbes.com ^ | 10.22.08 | Steve Forbes
    We are experiencing the devastating consequences of a chain of major economic policy errors, which, to use a current cliché, created the perfect storm. These government blunders temporarily paralyzed the global credit system and are now sending the U.S. and Europe into recession, while sharply cutting back Asia's growth rates. Left to its own devices, the credit crisis, which began in August 2007, would have crushed economies as severely as did the Great Depression. Belatedly, but thankfully, governments recognized that the only way to get credit flowing again was for them to make quick and direct massive infusions of new...
  • Rudy Giuliani and Steve Forbes to Campaign in Virginia Saturday

    10/23/2008 3:41:30 PM PDT · by Gopher Broke · 13 replies · 730+ views
    MEDIA ADVISORY Rudy Giuliani and Steve Forbes to Campaign in Virginia Saturday For Immediate Release Contact: Press Office Thursday, October 23, 2008 703-297-8900 ARLINGTON, VA -- The McCain-Palin Virginia campaign today announced that Rudy Giuliani and Steve Forbes will campaign in Virginia for John McCain and Sarah Palin on Saturday, October 25th. Former New York City Mayor Rudy Giuliani and Steve Forbes will hold a Small Business Rally in Richmond with Lieutenant Governor Bill Bolling and former Attorney General Jerry Kilgore. Mayor Giuliani will also attend a Veterans Victory Rally in Virginia Beach with Attorney General Bob McDonnell and John...
  • Unilateral Disarmament ( Steve Forbes )

    06/02/2008 6:26:06 AM PDT · by kellynla · 22 replies · 71+ views
    forbes.com ^ | 06.16.08 | Steve Forbes
    Has the Federal Reserve run out of bullets? that implication could be drawn from the recently released minutes of the Fed's last Open Market Committee meeting, during which the federal funds rate was cut from 2.25% to 2%. The Fed hinted that no more rate cuts are in store and that the economic horizon is becoming cloudier. (The reason our central bank can't reduce interest rates further is that the inflation picture is getting uglier.) Stocks tanked on this news. However, the Fed has yet to use its most effective artillery: strengthening the value of the U.S. dollar.
  • Is Treasury Chief Hank Paulson the financial equivalent of Civil War General George B. McClellan?

    05/03/2008 10:55:04 AM PDT · by The_Republican · 10 replies · 94+ views
    Forbes.com ^ | May 3rd, 2008 | Steve Forbes
    Is Treasury Chief Hank Paulson the financial equivalent of Civil War General George B. McClellan? The "Young Napoleon" brilliantly organized and trained Union armies in the first year and a half of the Civil War. His problem: He couldn't bring himself to actually engage the enemy, always proffering excuses as to why he couldn't take decisive action. An exasperated Abraham Lincoln finally fired him. Mr. Paulson repeatedly says he wants a strong U.S. dollar. Last month he told Reuters: "I've been as consistent as anyone that you've ever heard in saying that the strong dollar [is] in our nation's interest."...
  • LIVE @ 4pm: Ann Coulter Speaks At CPAC

    02/08/2008 1:48:09 PM PST · by 2ndDivisionVet · 182 replies · 491+ views
    Townhall ^ | February 08, 2008 | Jonathan Garthwaite
    Ann Coulter wasn't invited to CPAC this year but she's still giving a speech 50 yards away. The speech is only open to 500 attendees but you can watch it live here -- courtesy of uStream. (VIDEO)
  • Vanity: Steve Forbes supports illegal aliens in U.S.A.

    02/04/2008 2:58:42 AM PST · by SatinDoll · 1 replies · 54+ views
    This past weekend on the business show, Forbes On Fox, Steve Forbes essentially endorsed John McCain. Steve Forbes, the main force behind the Flat Tax proposal several years ago in the Republican presidential race of 2000, and generally considered a deeply conservative Republican, came out in favor of illegal aliens, or what he referred to as illegal immigrants, being given amnesty.
  • Forbes endorses McCain

    02/02/2008 12:31:39 PM PST · by Tigen · 67 replies · 95+ views
    Politico ^ | Feb 2, 2008 | Mike Allen
    Steve Forbes, the editor-in-chief of Forbes magazine and himself a former presidential candidate, announced his endorsement Saturday of Sen. John McCain (R-Ariz.) for president. Forbes had campaigned hard in Florida for former New York Mayor Rudolph Giuliani, who dropped out after Tuesday’s primary. Two other high-profile Giuliani backers — Texas Gov. Rick Perry and former Solicitor General Theodore Olson — also have switched to McCain. The backing by Forbes is the latest in a cascade of signs that a once-reluctant Republican establishment is embracing McCain, who could wrap up the party’s presidential nomination in three days on Super Tuesday.
  • The Olson Of Economic Endorsements? (Steve Forbes Now Endorses McCain Too)

    02/02/2008 8:53:10 AM PST · by jdm · 41 replies · 629+ views
    Captain's Quarters ^ | Feb. 02, 2008 | Ed Morrissey
    When Rudy Giuliani left the race and threw his support behind John McCain, people wondered whether it would have much effect on the race. After all, the Mayor had faded badly in the Republican primaries after utilizing a strategy that made him largely irrelevant in the national media. However, Rudy brought two other endorsements that could help build bridges with disaffected conservatives if McCain wins the nomination. First came Ted Olson to provide reassurance on judicial nominations, and today Steve Forbes endorsed McCain, perhaps addressing his self-professed weakness on economics: U.S. Senator John McCain's presidential campaign today announced that Steve...
  • Mob Rule (Steve Forbes on Barry Bonds)

    12/11/2007 10:21:48 AM PST · by EveningStar · 20 replies · 136+ views
    Forbes.com ^ | December 10, 2007 | Steve Forbes
    Barry Bonds is being shafted by the legal system. His case is, sadly, part of a pattern of judicial abuse, the stretching of the law like rubber to allow prosecutors to go after unpopular figures in business, politics and, now, sports. The indictment recently returned against him could have been rendered years ago. Why now? Because this season Bonds, an ill-tempered, arrogant, disliked athlete, broke the record for lifetime home runs. Had he not set a new record or had he been a friendly figure beloved by the fans, prosecutors would never have touched him...
  • Flat Chance (Fred and Huck's Tax Plans)

    12/10/2007 8:09:06 PM PST · by 2ndDivisionVet · 33 replies · 458+ views
    The Wall Street Journal ^ | December 10, 2007 | Paul Gigot
    Gigot: Well, Fred Thompson has his flat tax, and Mike Huckabee has his fair tax. But who's got the better idea, and what are the other GOP presidential hopefuls proposing? Here with a closer look at the candidates' tax plans, Wall Street Journal columnist and deputy editor Dan Henninger, assistant editor James Freeman, Washington columnist Kim Strassel and senior economics writer Steve Moore. So, Steve, Fred Thompson has embraced this so-called voluntary flat tax plan. You like it, I kind of like it. Tell our viewers why. Moore: Well, the flat tax is happening all over the world. There are...