Is Rick Perry Right? Is Social Security a Ponzi Scheme?
Presidential candidate Rick Perry (left) opined in the first Republican debate that Social Security is a ?failure? and a ?Ponzi scheme,? and then reiterated the charge in the second...
About: Bob Adelmann
Posts by Bob Adelmann
Ron Paul Wants Competing Currencies
On March 15, Rep. Ron Paul (R-Texas) introduced H.R. 1098, better known as the “Free Competition in Currency Act of 2011,” which would repeal the legal tender laws in...
Greek Prime Minister’s Promises Ring Hollow
Prime Minister George Papandreou’s speech on Saturday evening in Thessaloniki was designed to reassure not only his Greek citizens that all would be well but also that those holding...
Bernanke: The Fed Has Only Two Tools Remaining to Boost the Economy
In his talk on Thursday to the Economic Club of Minneapolis, Federal Reserve Chairman Ben Bernanke (left) warned the Congressional Supercommittee not to cut government spending by too much,...
Small Italian Town Bids to Become Sovereign, Prints Its Own Currency
Following the announcement by the Italian Cabinet of additional austerity measures to include plans to combine all 1,963 towns in Italy with populations of fewer than 1,000, some mayors...
Steve Jobs’ Charitable Contributions: He Gave at the Office
Writing for the New York Times, Andrew Sorkin was puzzled that he couldn’t find any evidence that Steve Jobs, Apple’s founder, had given away any part of his significant...
Legal Fallout From Housing Collapse Continues
The announcement by the Federal Reserve of an “enforcement action” against Goldman Sachs for engaging in “a pattern of misconduct and negligence” in its handling of home mortgage loans...
Liberal House Member Being Investigated by Liberal Watchdog Group
Rep. Laura Richardson (D-Calif., left) used her congressional office funds to pay for a fancy $20,000 luncheon for some of her constituents in May, calling it a "briefing" to get...
Krueger Is Obama’s Economic Council Chairman Pick
Next week President Obama will roll out his strategic jobs growth plan in a major speech, and has announced that his new chairman of his Council of Economic Advisers,...
Thanks to Hurricane Irene, Business Is Booming!
According to Laura Chanthalath, manager at High’s Chimney Service, business is booming. Located in Gaithersburg, Maryland, her company might rebuild one chimney a day during the summer when business...
Canada’s Remarkable Economic Recovery
In its annual Index of Economic Freedom, the joint effort by the Heritage Foundation and the Wall Street Journal, Canada ranks 6th among the 179 countries of the world,...
NY Times Targets Rep. Issa; Issa Fires Back
The implications in the New York Times? article about Rep. Darrell Issa (R-Calif.) were clear even in the title: ?A Businessman in Congress Helps His District and Himself?...
AFL-CIO Backs Off Support for Obama, Democrats; Forms New Super PAC
Speaking to reporters at a breakfast sponsored by the Christian Science Monitor, AFL-CIO President Richard Trumka (left) made it clear that his union is backing off from supporting...
White House to NY: Accept Bank Foreclosure Deal
New York's Eric Schneiderman (left) is the only Attorney General who doesn’t like the foreclosure settlement agreed to by the major banks behind the mortgage-backed-securities (MBS) and foreclosure...
The Postmaster General’s Challenges
In his report to a Senate subcommittee Postmaster General Patrick Donahoe (left) spelled out clearly why the U.S. Postal Service can’t make any money: too many cooks in the...