About: Bob Adelmann
Posts by Bob Adelmann
Jobs? What Jobs?
When CNBC announced that the number of workers filing new claims for unemployment benefits fell last week while private employers added new jobs in May, this was “further evidence...
Economic Forecast: Summer of Discontent
After six straight months of gains in consumer spending the April numbers showed no change from March, according to the Commerce Department. This was a surprise to some who...
Mortgage Defaults Increasing
According to the New York Times, “A growing number of the people whose homes are in foreclosure are refusing to slink away in shame.” They are just refusing to...
13 Trillion and Counting
When former Comptroller General Bill Walker, who headed the U.S. Government Accountability Office, said two years ago that the “official” debt of the United States “is only around $10...
Rush Limbaugh as GOP Kingmaker?
Zev Chafets, writing an op-ed for the New York Times, concluded that radio show host Rush Limbaugh “is the brains and the spirit behind [the conservative] resurgence.” ...
Dow Theory’s Russell Says Major Crash Coming
The day after the “flash crash” in the stock market on May 6th, Richard Russell, the octogenarian author of the Dow Theory Letters, said: ...
SENATOR Rand Paul?
If Rand Paul’s poll numbers are confirmed in today's Republican primary in Kentucky, it will, according to the New York Times, “mark one of the most important moments yet...
Attack on John Birch Society Backfires
The recent article in Politico.com by Charles Postel hinting at “dark forces” influencing the Tea Party is another in a recent and growing series of unsuccessful attacks on The...
Supreme Court Nominee Elena Kagan: Clearly Opaque
When President Obama named Elena Kagan as his nominee for justice of the Supreme Court to replace retiring Justice John Paul Stevens, he said she “embodies that same excellence,...
The Breakup of Ma Bell
Ten years into the 20th century, the United States citizenry were still enjoying the afterglow of a remarkable generation of economic growth, innovation, and expansion. ...
Biden Predicts Job Growth — but Where’s the Evidence?
Vice President Joe Biden predicted job growth of 250,000 to 500,000 jobs a month in the next two months, according to CNBC on Monday. Biden was speaking at a...
Media Calls the Tea Party Patriots “Seditious”
When Joe Klein of Time magazine was forced to defend his comments about Sarah Palin and Glenn Beck coming “close to being seditious,” he backed off — a little....
Eminent Domain and the Kelo Echo
“This is abuse…. It’s [another] case of eminent domain abuse,” said Renee Smith-Ward, owner of Wag’In Tail, a dog-grooming salon in Auburn, New York. As reported by Fox News,...
10,000 Commandments — The Hidden Tax
When the Competitive Enterprise Institute (CEI) announced the conclusions of its annual “Ten Thousand Commandments: An Annual Snapshot of the Federal Regulatory State” earlier this week, it came as...
The Income Tax and Sovereignty
April 15th is the day when American taxpayers must file their income tax returns, and Tea Partiers are protesting those taxes all across the country. One question not being...