Free Republic

Labour has accused the UK government of establishing a “fake taskforce” to address supply chain disruption because it was dissolved weeks after it was announced. The National Economic Recovery Taskforce (Logistics) was announced on 14 September 2021 when supply disruption was peaking due to factors including a lorry driver shortage, but did not survive beyond a reshuffle on 21 October. Michael Gove had been appointed to head the cross-government committee. Labour Party deputy leader Angela Rayner said: “Instead of serious solutions, all they’ve got is gimmicks and fake announcements to grab cheap headlines, with no real plan to solve the...

Washington in the Obama era seems bent on imposing "solutions" that not only fail to solve Americans' problems, but make us poorer in the bargain. In a direct attack on Wall Street, the president and his ally, Sen. Blanche Lincoln (D-Ark.), are bent on imposing the "Volcker rule," which would prohibit banks from making speculative investments with their own funds, and on requiring banks to divest their derivatives trading desks, or at least put them in a separate subsidiary owned by a parent holding company. Five major banks -- Bank of America, Citigroup, Goldman Sachs, JP Morgan and Morgan Stanley...