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Ralph Benko
Ralph Benko
Ralph Benko, a principal of Capital City Partners of Washington, DC, is the author of The Websters' Dictionary: How to Use the Web to Transform the World. www.thewebstersdictionary.com
 

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Aug. 16, 2011 4:05 pm
Is it possible that the ghastly unemployment, stagnant growth (and possible double-dip recession), and financial market convulsions all can traced back to one single decision? Perhaps. Monetary policy is the most recondite yet most pervasive and powerful of economic forces. Keynes, in The Economic Consequences of the Peace , wrote, “There is no subtler, no surer means of overturning the...  Read More
Aug. 16, 2011 4:04 pm
Riding at the head of a Tea Party Patriotic posse, House Majority Leader Eric Cantor, flanked by Speaker John Boehner, Majority Whip Kevin McCarthy, and Budget Committee Chair Paul Ryan appear to have pulled off the most stunning populist free market political coup since Ronald Reagan rode off into the sunset. The left has recognized the shattering scope of its defeat more quickly than the right...  Read More
Aug. 11, 2011 12:50 pm
The signals were crystal clear that even without a deal Washington absolutely was not going to default. Being Washington it had to strut and dramatize. Assuming that the free market is even half as smart as we think, the bond markets would have come undone assuming even a hint of the U.S. falling into arrears with creditors. Instead, Bloomberg.com’s headline on Saturday spoke volumes: “ Treasury...  Read More
Aug. 11, 2011 12:45 pm
President Barack Obama is on the verge of terminally discrediting himself by playing some very bad games very badly. The means of avoiding default are crystal clear. Obama is not just ignoring them, but evading them. He is guilty of playing Russian Roulette with America’s creditworthiness. His administration is playing Three Card Monte with the American people. House Speaker John Boehner...  Read More
Aug. 4, 2011 10:10 am
What’s the matter with Thomas Frank? This question was posed and answered a few years ago in The New York Sun’s review of Frank’s The Wrecking Crew . “Mr. Frank’s point about contemporary conservative politics is straightforward and dogmatic,” writes the Sun . “It lives and breathes to support American plutocracy.” Ronald Reagan and Bill Clinton — both governing from the center right —...  Read More
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