New “Stimulus” Law Just a Beginning
President Barack Obama today signed into law the $787 billion “stimulus” bill — a.k.a. the American Recovery and Investment Act — that is...
Economic Commentary
Obama Getting Away With “Failed Policies of the Past”
Why doesn’t someone in the mainstream media take Presidenat Obama and his spokesmen to...
Bankruptcy (a.k.a. Stimulus) Bill Clears Congress
As the massive new stimulus bill, which President Obama is now preparing to sign...
The Fed’s Hockey Stick Chart
On his January 29 TV show, Glenn Beck drew national attention to a relatively...
Geithner Unveils Lastest Financial Bailout
In a speech in the Treasury’s Cash Room today, Treasury Secretary Timothy Geithner unveiled...
“Supersizing” the IMF
Is the International Monetary Fund headed toward becoming the Federal Reserve of the world?...
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Parallels With the Great Depression
What began early last year as a "credit crunch" and an "economic downturn" is...
Stimulus: More Spending or More Tax Cuts?
Should the stimulus bill be amended to place more emphasis on spending, or should...
Economics and Common Sense
Common sense tells us that government cannot resuscitate the American economy and restore it...
Federal Reserve as Corporate Overlord and “Super-Cop”?
Congress is considering granting the Federal Reserve Bank dramatic new powers by this spring,...
House Republicans Voted Unanimously Against Stimulus Bill
The House of Representatives yesterday passed the $819 billion American Recovery and Reinvestment Act,...
Study Claims Interest Rate of Zero Is Too High
A recent analysis by Goldman Sachs, one of the Wall Street investment banks which...
“Stimulus” Spending Will Harm Recovery
Congress is now considering the American Recovery and Reinvestment Act of 2009, the latest...
An Americanist Economic Perspective
Art Thompson, CEO of The John Birch Society, parent company to The New American,...
Uncle Sam Grabs the Wheel
ITEM: Reuters reported on December 30: "The Bush administration on Monday expanded its bailout...
More Fright-peddling, More Bailouts
Round two of the economic crime of the century has begun. On January 12,...
Banks, Nationalization, and the Times’ Spin
In an unwonted episode of lucidity, the New York Times proclaimed in a recent...
Stimulus Price Tag Continues to Rise
The price tag for the incoming Obama administration's proposed stimulus bill continues to rise....
Obama’s Stimulus Plan Will Cost at Least $187,800 Per Job
According Barack Obama's presidential transition team, the new stimulus plan being prepared by the...
GM Bailout a Sop to Cerberus?
The recent decision by the federal government to bail out GMAC, the financing arm...