Is the Housing Market Beginning to Clear?
The conflicting news reports on the housing market can give the casual observer a headache: “December Sales of U.S. Existing Homes Jump to...
Economic Commentary
Tax Group Urges Halt to Wasteful Military Jet Engine Project
A citizens' taxpayer watchdog group is urging President Obama and the Department of Defense to halt funding on the manufacture of an aircraft...
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Banks Still Suffering
Keeping in mind that the “beige book” report from the Federal Reserve yesterday is only a compilation of anecdotal reports from businesses across...
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Food Prices Paving Way for Social Unrest
As world food prices continue to approach crisis levels, and global demand continues to increase, one international organization, The World Economic Forum, warns of...
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Paul Volcker: Insights From an Insider
With the announcement by Reuters that former Federal Reserve Chairman Paul Volcker was going to resign shortly from the Obama administration came the...
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Tracing the Japanese Experiment
The United States' current corporate tax rate is far from competitive. Average combined state and federal corporate taxes are 39.2 percent, second...
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Housing Prices to Fall Further
When Bloomberg polled so-called real estate “experts” about the housing market, they expected a slight pull-back in housing prices of perhaps 0.2 percent...
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Boomers Aren’t Booming
Despite their huge numbers and cultural and financial impact on the economy, the Baby Boomers (born between 1946 and 1964) have largely been...
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Obama/CEO Summit: Sweetness and Light
Despite being verbally abused and legislatively hamstrung ever since the start of the Obama administration, those CEOs arriving at the Blair House Wednesday...
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Stimulating Recovery of the Economy, or Graft?
Earlier this month the Recover Progress Report summarized, "As of December 1, $466.8 billion of the $787 billion stimulus has been committed to...
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Greed Pays: Tax Cuts and Economic Prosperity
"Greed, for a lack of a better word, is good. Greed works. Greed clarifies, cuts through and captures the essence of...
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Washington Suburbs Surviving Recession
America is in the throes of economic hardship. Certain regions of the country, the once thriving Great Lakes Region, the greatest industrial area...
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Counting the Costs of Unemployment Insurance
As part of the backroom deal to extend the Bush tax cuts for another two years, the GOP gave the progressives an extension...
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Similar Inflation Patterns in the United States and Britain
The Associated Press in London reports that Britain’s consumer inflation rose to 3.3 percent in November, up from 3.2 percent in October. The...
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Is Your Gold Safe in the Bank?
More and more people in affluent societies are turning to gold as a hedge against irresponsible government financial policies. It cannot make these...
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