Federalist Papers

An Independent Political Scientist Votes For Mitt Romney in 2012

I have yet to vote for a Republican presidential candidate in the 21st century, even though I’m a Republican-leaning Independent. But my voting status is about to change. I’ve stumbled into some ideas lately that will allow me peace of mind in voting for Romney this coming Tuesday. Granted, my vote may not mean much in the larger scheme of things. But it means something to me. It’s about one’s conscience in performing civic duties.

Debt Storm Wins Without New Economic Mission


Congress appeared taken by surprise in October of 2008 as the financial crisis on Wall Street unfolded. Congress was in a state of shock and awe, amazed to see their policymaking implicated in the speculative bubble and its collapse. But why were they surprised? How did these legislative engineers fail to see the hazards of their fiscal deficits? Had they been pawns? Were they errantly advised? Or were they led astray by false theories and their own greed?

Would Super Rich Impress America's Founders?


David Weidner provides a valuable public service in his insightful fictional account of Warren Buffett’s creeping (moral) blindness. Making billions — tick, tick, tick — by sleeping with the enemy is no American ideal. Seeking to prosper justly in ways constructive to the nation’s sustainable well-being and economic independence is a laudable ideal — an ideal that Buffett, perhaps, is forgetting as he tries to explain away some of Wall Street’s sins.

What Warren Buffett Could Have Done


Warren Buffett missed a great legacy opportunity yesterday when he placed a five billion dollar bet on Goldman Sachs. Buffett said he was betting on brains. He said his move was conditioned on his confidence that the 700 billion dollar government bailout would occur. Buffett put more than money on Goldman Sach’s table. He left a cryptic message that Wall Street brains will get the better of the U.S. Congress and the American taxpayer. In less than code language he conveyed his intention to capitalize on any resultant surge in the valuation of investment banks.

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