Interest Cost of New Federal Debt Skyrockets
The Obama administration’s efforts to borrow the U.S. economy into prosperity are meeting more and more skepticism on Wall Street as investors in...
Economic Commentary
Obama’s IMF Sneak Attack
A hundred and eight billion dollars — $108,000,000,000. Not exactly an eye-popping sum anymore,...
Credit Card Meltdown Hits Banks
Next up for ailing mega-banks: a credit card meltdown. No surprise here, really; Americans...
Social Security, Medicare Running Out of Money Faster Than Expected
Social Security and Medicare, Big Government’s two most cherished social-welfare programs, are running out...
Cancerous Growth of Government
While every other major component of the economy is shrinking, government at all levels...
Another Record-breaking Deficit Looms
It’s official: this year’s budget deficit will be one for the record books. The...
“Prosperity Is Just Around the Corner.” Really?
Back in the bad old days of the Great Depression, the breezy assurance of...
Pyramid Schemes Put in Perspective
The real rub of the Ivar Kreuger and Bernie Madoff sagas is that both...
America’s GDP, Economy Shrink – Again
Despite rosy earnings reports from some closely watched corporations, the Great Recession is far...
Did Bernanke and Paulson Commit Bank Fraud?
New revelations from the New York State Attorney General’s office have all but proven...
Foreign Aid: Give ’Til It Hurts, Repeat
Item: The Washington Post for March 31 reported: “The billions of dollars spent in...
The High Cost of Cap and Trade
Cap-and-trade programs to control carbon-dioxide emissions are an unacceptably costly way to deal with...
Dave Ramsey’s Town Hall for Hope
Dave Ramsey on Thursday evening, April 23, held a town hall-style meeting in Oklahoma...
Obama’s Counterproductive Economic Plan
President Obama on April 10 emerged from a high-level meeting with his economic team...
Credit Card Crackdown
Next up for the federal government: the credit card industry. Having already thrown trillions...
20 Criminal Investigations for TARP Bailout
Neil Barofsky, special inspector general for the TARP, informed Congress April 21 that he...
Following the Economic Lead of a Third World Country
The BBC reported on April 14 that one city in Egypt, Damietta, still has...
Global Fusion: The G20, IMF, and World Government
Suppose we had conducted a national opinion poll a few months ago to canvass...
Printing and Spending Our Way to Prosperity
ITEM: An editorial entitled "The Federal Reserve acts boldly to ease credit conditions" in...
Fiscal 2009 Deficit: $956.8 Billion Already!
After a record $192.3 billion federal budget deficit for March, the U.S. Treasury Department...