Audit Citigroup? What About the Fed?
News stories on August 19 reported that Neil Barofsky, Special Inspector General (SIG) of the U.S. treasury Department’s $700 billion Troubled Asset Relief...
Economic Commentary
Auditing the Fed Moves Ahead
At a town hall meeting held in his Massachusetts district, House Financial Services Committee...
Obama’s 10-year Deficit at $9 Trillion
The Obama administration is expected to release a report soon estimating that the 10-year...
U.S. To Become “Banana Republic,” Says Senator
According to Senator Judd Gregg (R-N.H.), the United States is on its way to...
Stimulus Scam Redux?
Item: President Barack Obama, reported the Bloomberg news agency for July 11, “said his...
U.S. Incomes Fall 1.3 % in June
According to the latest figures from the U.S. Department of Commerce, Americans’ personal incomes...
Bailed-out Bankers Bag Big Bonuses
Nine financial firms that received a total of $32.6 billion through the government's Troubled...
Dollar Values Plunge Worldwide
Just call it irony. The same day the value of the dollar plunged to...
Bernanke’s Public Relations Offensive
Federal Reserve Chairman Ben Bernanke must know he’s in trouble. This week he completed...
CBO to Congress: Spending & Debt “Unsustainable”
Congressional Budget Office Director Douglas W. Elmendorf gave a fiscal wake-up call to Senate...
Fed Backers Scared by Ron Paul’s Audit Bill
Congressman Ron Paul’s H.R. 1207, calling for an audit of the Federal Reserve, has...
Gregg Knocks Obama Deficits
Sen. Judd Gregg, R-NH, knocked the spending plans of the Obama administration Tuesday, one...
Recession Far From Over, Says Zuckerman
The economy isn’t out of the woods yet, not by a long shot. That,...
VP Biden: “We misread the economy” and other lies
Asked by This Week’s George Stephanopoulos about the Obama Administration’s terrible economic prognostications in...
Free Bernie Madoff? That’s a Little Too Much
The Ludwig von Mises Institute’s Jeffrey Tucker recently published a column entitled "Free Bernie...
California’s Economic Implosion
California, the "Golden State," is not golden anymore. It has the biggest debt, the...
Calif. Bonds Totter as State Issues IOUs
Back in February, California politicians and taxpayers received a wake-up call, but, apparently, the...
Obama Wants Consumer Financial Protection Agency
The Obama administration on June 30 unveiled its latest attempt to put an end...
Whither the Dollar?
As the fallout from the global financial crisis continues, the burning question in international...
Federal Reserve Hiring Lobbyist for Political War
The Federal Reserve caused the current economic crisis by suppressing interest rates and creating...