Hoover Daily Report
Analysis and Commentary
Analysis and Commentary

Wall Street 101

by Victor Davis Hansonvia Tribune Media Services
Thursday, October 9, 2008

Until the past few weeks, the financial panic was still mostly far away on Wall Street...

In the News
In the News

Evidence grows that Israel, with U.S. aid, is preparing to attack Iran

with Abbas Milanivia Belleville News Democrat (IL)
Thursday, October 9, 2008

Month after month, the nation's attention seems to ping-pong back and forth between the world's two egregious nuclear malefactors, North Korea and Iran...

In the News

U.S. in Midst of Recession as Credit, Spending Shrink (Update1)

with Robert E. Hallvia Bloomberg
Thursday, October 9, 2008

By almost all accounts, the U.S. is now in a recession, according to economists surveyed by Bloomberg News...

In the News

Anything Goes with Chris Buckley: Chapter 4 of 5

by Peter M. Robinsonvia Uncommon Knowledge
Thursday, October 9, 2008

Christopher Buckley reflects on life with WFB, from Friday-night sails to a father’s fear of wasted time...

In the News

The war on coherence

with George P. Shultzvia Guardian - Comment Is Free
Wednesday, October 8, 2008

It is amazing how swiftly a new crisis can knock into perspective one which dominated discussion only a short time before...

In the News

Advice for 44: 'Talk frankly' about the limits of U.S. power

with Philip Bobbittvia UC Berkeley News
Wednesday, October 8, 2008

For more than a quarter century, Harry Kreisler has been interviewing individuals who have helped shape the modern world.,,

In the News

Did Deregulation Cause the Credit Crisis?

with Niall Fergusonvia New York Times
Wednesday, October 8, 2008

In Tuesday night’s debate, Senator Barack Obama largely blamed deregulation for the current economic crisis...

In the News

2005

by Victor Davis Hansonvia Corner (National Review Online)
Wednesday, October 8, 2008

Why in the world was Barack Obama still communicating on the phone or via email with Bill Ayers up until 2005 — when in 2001 Ayers gave widely publicized interviews claiming he had no regrets about the bombing, indeed regretted that he had not done enough, and did not necessarily have any remorse either about his Weathermen career? ...

In the News

A bad sign

by Russell Robertsvia Cafe Hayek
Wednesday, October 8, 2008

You know that things aren't going well when the vertical axis for the stock market chart on the front page of the New York Times web page is measured in percent instead of hundreds of points...

In the News

Senator McCain: You Cannot be Serious!

by Alvin Rabushkavia Thoughtful Ideas
Wednesday, October 8, 2008

With apologies to John McEnroe, Senator McCain’s proposed nationalization of a portion of the private mortgage market—purchasing up to $300 billion in mortgages directly from homeowners and replacing them with new, fixed-rate mortgages based on the lower value of their homes—extends the $700 billion “rescue” of financial institutions to a more expansive level of government involvement in the economy...

In the News

Taking Hard New Look at a Greenspan Legacy

with Robert E. Hallvia New York Times
Wednesday, October 8, 2008

George Soros, the prominent financier, avoids using the financial contracts known as derivatives “because we don’t really understand how they work.” ...

In the News

Lecture

with Larry Diamondvia Advocate (MA)
Wednesday, October 8, 2008

Bennington College, Larry Diamond, senior fellow at the Hoover Institution at Stanford University and founding co-director of the Journal of Democracy, will speak on "The Spirit of Democracy: The Global Boon, Recession and Renewal," 7 p.m ...