New Study Shows How the Economy Is Really Doing
On Monday morning Sentier Research announced the results of its new study showing changes in household income since the year 2000 and how those incomes have fared both during...
About: Bob Adelmann
Posts by Bob Adelmann
Ellen Brown and Matthew Yglesias Both Want Free Money
Writing for the left-wing blog ThinkProgress, Matthew Yglesias noted his difficulty in coming up with a suitable slogan representing what the “Occupy Wall Street” demonstrators really wanted. ...
Sell the Unprofitable Post Office
Now that Congress has extended the due date for the Postal Service’s $5.5 billion pension plan payment to November 18th, various proposals to modernize and “rightsize” the service have...
Rep. Dennis Kucinich: Replace the Fed with a New Monetary Authority
Rep. Dennis Kucinich?s (left) recent offering of his ?National Emergency Employment Defense Act? (NEED Act) is designed to remove all money creation powers from the Fed to a newly...
$5 Debit Card Fee: Don’t Blame Banks — but Durbin, Dodd, Frank, the Fed
On Thursday, Bank of America announced that, starting the first of the year, they would be charging debit card users $5 a month for the privilege as a way...
ECRI Announces New Recession Has Started
Last Friday Laksman Achuthan (left), co-founder of Economic Cycle Research Institute (ECRI), announced that not only has the economy entered a new recession, but that “it’s going to get a...
Germany OKs EU Rescue Fund Increase, Setting Stage for TARP Euro-Style
Today the German parliament voted overwhelmingly, 523-85, to increase the size of the European Financial Stability Fund (EFSF) from $335 billion to $600 billion, and to allow it to...
The Presidents Flow of Red Ink and Economic Fallacies Continues
Last week the President introduced his deficit reduction plan by saying that it would start to pay down “the big pile of IOUs” the government has issued in order...
Is Economists’ Gloom Marking the Start of the Recovery?
With the announcement from the Commerce Department that the sale of new homes in August fell by 2.3 percent compared to July, the Los Angeles Times took on a...
Movie Review: Moneyball
Drop what you’re doing. I mean it. Stop whatever it is that you’re doing and go online to find out when the next showing is. Take a friend, go...
UBS CEO Grübel Hastily Resigns Over Rogue Trading Losses
The announcement by Kaspar Villiger (left), Board Chairman of UBS (Union Bank of Switzerland), that CEO Oswald Grübel had resigned on Saturday caught many by surprise, partly because just the...
Growing Evidence That the Economy Is Growing
Despite the government's increased creation of money, new federal regulations that stifle companies and cause additional costs, and proposed new taxes, some businesses are pushing ahead with business-as-usual, leading...
Is Rogue Trader Taking a Fall for Corrupt UBS?
Swiss bank UBS trader Kweku Adoboli (left) was arrested early Thursday morning and charged with two counts of false accounting and one count of “suspicion of fraud by abuse...
Free Market Economist Cheers End of Borders Books
Dr. Mark Perry, economics professor at the University of Michigan and blogger at Carpe Diem joyously announced that the closing of Borders’ last bookstore on Sunday, September 18th “is...
Competing Currencies Would Expand Freedom While Limiting Government
One of the expert witnesses testifying before Ron Paul’s Domestic Monetary Policy and Technology Subcommittee on Tuesday was Dr. Lawrence H. White, professor of Economics at George Mason University....