The latest numbers on the Eurozone economies are showing nothing, with an official recession call barely avoided. And without Germany’s slightly better economic performance in the first quarter, the recession would be official.
JPMorgan Chase's $2 billion trading loss has predictably generated calls for more bank regulation. But one free-market advocate, Dan Amoss of the Daily Reckoning made this suggestion: "Here’s an idea: it’s called 'capitalism.' Take away the subsidies and bailouts for banks, along with the regulatory red tape. If they want to blow themselves up, fine — but losses would fall on the risk managers making those decisions and bank shareholders, not taxpayers or depositors…."
Eric Fehrnstrom, Romney's veteran campaign director, assures that his campaign will be dirty while ignoring key issues facing the republic.
The Additional Child Care Credit scam, wherein the IRS allows someone to get a tax credit for children claimed to be residing part of the year at a residence (often whether the children actually live there or not), will continue to be enjoyed by millions of illegal immigrants.
The demand that Congress give more power to the Justice Department to track citizens through their cellphones is meeting resistance.
Romney's expanded campaign staff confirms that if he’s elected nothing will change from Obama; the staff is full of elite globalists, many from the Council on Foreign Relations.
In April the Senate voted to pump $11 billion into the insolvent Postal Service to keep it afloat for a little while longer.
On Sunday French voters, angry over austerity measures, replaced President Nicolas Sarkozy with Socialist Francois Hollande.
Last week HUD announced grants of $54 million to indian tribes for projects those tribes could afford from their casino profits.
Two elderly sisters thwarted a potential carjacking by refusing to become victims, defending themselves, and yelling for help.