Double Dip Evidence Piling Up
When John Hussman, in his Weekly Market Comment, noted that the Economic Cycle Research Institute’s (ECRI) Index “has slumped to the lowest level in 44 weeks and has now...
About: Bob Adelmann
Posts by Bob Adelmann
Chicago Shootings and McDonald v. City of Chicago
When it was learned that more than 50 people were shot, some fatally, over Fathers Day weekend in the poorer sections of Chicago, it didn’t even make the front...
Loophole Backfires, Blows up DISCLOSE Act
In their attempt to mitigate negative election-year fallout from the Supreme Court’s recent ruling in favor of rights of free speech for everyone in Citizens United, Democrats Senator Charles...
Sharron Angle vs. Harry Reid and the GOP
Sharron Angle is going to have to learn how to fight with both hands in Nevada’s general election battle against Senate Majority Leader Harry Reid, as Manu Raju explains...
Warning Label Goes Viral
When FoxNews.com wrote that a small publishing company put warning labels on copies of the U.S. Constitution, Declaration of Independence, the Federalist Papers, and other founding documents of the...
New York’s Plan: Kick the Can
New York Governor David Paterson said in a radio interview on June 10 that his state might have to issue IOUs to pay its bills, or else face “anarchy...
More Than 50-year-old Book Is Bestseller on Amazon
When Glenn Beck urged his listeners, “Please, pick it up. The Road to Serfdom. Make it part of your essential library,” sales of Austrian Economist Frederick von Hayek’s book...
Robin Hood: The Movie, the Critics, and the Tea Party
Moviegoers worldwide have enthusiastically rewarded Robin Hood since its opening in May with gross ticket sales of more than a quarter of a billion dollars, and the film is...
National Debt at Tipping Point?
The Wall Street Journal took another look at the $13 trillion national debt written about here last week and announced that, according to a study by economists Carmen Reinhart...
Is the Census Bureau Double Counting Jobs?
When John Crudele quoted numerous Census Bureau workers about being hired, fired, and then rehired repeatedly, he called them “horror stories.” James O’Keefe, notorious and fearless investigative reporter, calls...
Jobs? What Jobs?
When CNBC announced that the number of workers filing new claims for unemployment benefits fell last week while private employers added new jobs in May, this was “further evidence...
Economic Forecast: Summer of Discontent
After six straight months of gains in consumer spending the April numbers showed no change from March, according to the Commerce Department. This was a surprise to some who...
Mortgage Defaults Increasing
According to the New York Times, “A growing number of the people whose homes are in foreclosure are refusing to slink away in shame.” They are just refusing to...
13 Trillion and Counting
When former Comptroller General Bill Walker, who headed the U.S. Government Accountability Office, said two years ago that the “official” debt of the United States “is only around $10...
Rush Limbaugh as GOP Kingmaker?
Zev Chafets, writing an op-ed for the New York Times, concluded that radio show host Rush Limbaugh “is the brains and the spirit behind [the conservative] resurgence.” ...
Dow Theory’s Russell Says Major Crash Coming
The day after the “flash crash” in the stock market on May 6th, Richard Russell, the octogenarian author of the Dow Theory Letters, said: ...
SENATOR Rand Paul?
If Rand Paul’s poll numbers are confirmed in today's Republican primary in Kentucky, it will, according to the New York Times, “mark one of the most important moments yet...
Attack on John Birch Society Backfires
The recent article in Politico.com by Charles Postel hinting at “dark forces” influencing the Tea Party is another in a recent and growing series of unsuccessful attacks on The...
Supreme Court Nominee Elena Kagan: Clearly Opaque
When President Obama named Elena Kagan as his nominee for justice of the Supreme Court to replace retiring Justice John Paul Stevens, he said she “embodies that same excellence,...
The Breakup of Ma Bell
Ten years into the 20th century, the United States citizenry were still enjoying the afterglow of a remarkable generation of economic growth, innovation, and expansion. ...