About: Bob Adelmann
Posts by Bob Adelmann
House Speaker Boehner Offers Plan B with Tax Increases
House Speaker John Boehner offered his Plan B to the White House as part of the chess game being played over the fiscal...
More of America’s National Debt Being Bought by Foreign Governments
Foreign governments continue to increase their purchases of U.S. government debt despite concerns over the fiscal cliff and the government's continued profligate spending....
Latest Move by the Federal Reserve Raises Important Questions
All the chairman of the Federal Reserve has done in his latest announcement of a new bond-buying program is give himself and his...
More Evidence the Recession Has Started (Again)
Despite his firm defense of his call that the U.S. economy entered into another recession in July this year, Lakshman Achuthan of the...
Union Protesters Set to Descend on Michigan’s Capitol Over Right-to-work Issue
Potentially thousands of union protesters could descend on Michigan's capitol Tuesday morning, fighting a war that has already been lost against Right-to-Work laws....
Obama Spokesman Suggests the End of the War on Terror
A writer at the Washington Post took a snippet out of a speech by President Obama's Defense Department general counsel and concluded that...
Eliminate the Debt Ceiling Altogether, Says Senior Fellow at Brookings
Isabel Sawhill, a senior fellow at The Brookings Institution, thinks that the debt ceiling is an "anachronism" and ought to be repealed altogether....
Homicides in Chicago to Establish a New Record in 2012 — Who’s to Blame?
Chicago is experiencing a high and rising homicide rate, with some predicting 500 or more by the end of the year. Many have...
Fiscal Cliff: Ron Paul Decries Bipartisan Efforts; Predicts Compromise
Texas Republican Representative Ron Paul has, based on his decades of experience watching Washington negotiate and dither, predicted a last-minute compromise that will...
The National Debt: What Really Needs to Be Done
Most political talk is now focused on the “fiscal cliff,” but usually the talk avoids probing the depth of the problem. And the...
Latest Manufacturing Report Confirms ECRI’s Recession Call
Calling it “unexpected,” Reuters reported that the Purchasing Managers Index (PMI) from the Institute for Supply Management for November fell to its lowest...
Senator Tom Harkin Tries to Revive His High-frequency Trading Tax Bill
Senator Tom Harkin (D-Iowa) continues to pump his bill to impose transaction fees on high-frequency trading, saying that they would raise a lot...
Dollar’s Decline Catches Up With U.S. Mint
The decline in the purchasing power of the dollar has finally caught up with the U.S. Mint, which is planning to remove pennies...
Three Studies of States Show That Freedom Works Best
Each year 24/7 Wall St. publishes the results of its survey of all 50 states and then ranks them from top to bottom —...
San Bernardino Seeks to Stiff the Country’s Largest Pension Plan
The "pendency plan" just passed by the San Bernardino, California, city council includes "renegotiating" its pension liabilities with CalPERS, the country's largest pension...