Looking for Green Shoots in the Economy
Just a month ago one of the most accurate economic forecasters on the planet looked at the economy and concluded that another recession is 99 percent certain. ...
About: Bob Adelmann
Posts by Bob Adelmann
August 3: Day of Reckoning
On Tuesday evening, President Obama was being interviewed by Scott Pelley, who asked the President whether he could guarantee that Americans would get their Social Security checks if the...
Using the Food Crisis
According to internationally acclaimed author and highly regarded expert Lester Brown (pictured), writing in the January 10 issue of Foreign Policy magazine: Tonight there will be 219,000 additional...
Bohemian Grove: Where the Elite Meet to Eat (and Conspire)
Debra Saunders complained that, because she is a woman, she wasn?t invited to the upcoming Bohemian Club meeting which begins this Thursday at the Bohemian Grove retreat center...
Fed Insiders Selling Inside Information
In an effort to plug leaks at the Federal Reserve, the U.S.'s central bank issued a statement yesterday that members of the Federal Open Market Committee “will refrain” from...
Food Prices Rocket
Eighty-year-old Dottie Bell is a volunteer at the Community Market food bank in Opelika, Alabama, and every day she sees the impact of high food prices on people in...
Economists Are at a Loss; So Are Jobs
Once the awful job numbers announced by the Bureau of Labor Statistics job numbers were digested, it was clear that the clairvoyant economists looking into their crystal balls were...
Treasury Secretly Exploring Options if Debt Ceiling Isnt Raised
Unnamed White House and U.S. Treasury sources told MoneyNews.com that options to handle the government’s debts in the event no debt ceiling deal is reached are being explored,...
FTC Probes Google in Fishing Expedition
Google announced on its blog on June 24th that the Federal Trade Commission had launched “a review of our business. We respect the FTC’s process and will be working...
China’s Paper Inflation Stimulus To End Badly
Problem loans at China’s banks are significantly worse than initially thought, according to Moody’s Investors Service’s news release on July 4th. This raises concerns already expressed about China’s continued ability...
Greek Austerity to Be Enforced German-Style
Eurogroup President Jean-Claude Juncker said in an interview over the weekend that the austerity measures being imposed on Greece in exchange for additional bail-out funding from the IMF will...
Minnesota State Govt Shutdown: Precursor for Washington?
After weeks of negotiations between Democrat Governor Mark Dayton (left) and the Republican-dominated legislature, no resolution to Minnesota's $5 billion budget shortfall was reached and, except for some...
Internet Sales Tax Collection Gaining Momentum
When California Governor Jerry Brown (left) signed into law that state?s latest attempt to collect Internet sales taxes from retailers outside the state, he surely must have known...
Is the Debt Ceiling Unconstitutional?
If the current debt ceiling negotiations fail in time to avoid the drop-dead default date of August 2, liberal law professor Garrett Epps has the answer for President Obama: Ignore...
Lieberman’s Plan to Fix Medicare Just Kicks the Can Down the Road
Senator Joe Lieberman (I-Conn.) joined with Senator Tom Coburn (R-Okla.) on Tuesday in announcing their plan to reform Medicare before it goes “broke and take[s] our government down with...