James Pethokoukis

U.S. reforms will nick, not nuke, big banks

May 20, 2010

A sigh of relief is due on Wall Street. The procedural finale for the Senate’s debate on financial reform came just in time for banks. The bill got tougher as the talk dragged on. But it could have been worse. While banks’ future activities and profitability may get pinched, their core business model appears intact.

Paul Ryan and free-market populism

May 20, 2010

Over at RealClearPolitics, Rep. Paul Ryan of Wisconsin further fleshes out the emerging “free-market populism” meme beginning to emerge in the GOP:

A ‘new’ GOP on its way?

May 20, 2010

So says Mr. Lawrence Kudlow:

A new tea party center is forming in the Republican Senate caucus. It will be the first Reagan nucleus in many years, one that will give the GOP a strong limited-government, cut-spending, low-tax-rate, stop-government-controls, and end-Bailout Nation message that will have clarity and gusto and will reverberate throughout the country.