About: Bob Adelmann
Posts by Bob Adelmann
Obama’s Letter to Americans: Stand Behind Efforts to Raise Debt Limit
President Obama’s open letter to the American people published yesterday in USA Today challenges them “to do something big and meaningful" and stand behind his efforts to raise the...
Minn. Govt Shutdown Ends With Compromise That Pleases No One
Now that the Minnesota state government shutdown has ended, details of the compromise between Governor Mark Dayton and the Republicans are now public -- and no one is happy....
President Obama Pledges Spending Cuts Down to Eisenhower Era
At last Friday?s press conference, President Obama reviewed the status of talks with Republicans over the debt ceiling and reiterated his determination to ?get our fiscal house in order.?...
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. ...
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...