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 attracted 270 cosponsors in less than five months. The...
Economic Commentary
Gregg Knocks Obama Deficits
Sen. Judd Gregg, R-NH, knocked the spending plans of the Obama administration Tuesday, one day after the Treasury Department announced the deficit reached...
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Recession Far From Over, Says Zuckerman
The economy isn’t out of the woods yet, not by a long shot. That, at least, is the conclusion drawn by none other...
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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 advance of passage of the $787 billion “stimulus” spending...
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Free Bernie Madoff? That’s a Little Too Much
The Ludwig von Mises Institute’s Jeffrey Tucker recently published a column entitled "Free Bernie Madoff," in which he makes the case for freeing...
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California’s Economic Implosion
California, the "Golden State," is not golden anymore. It has the biggest debt, the biggest budget deficit, the lowest bond rating, and (arguably)...
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Calif. Bonds Totter as State Issues IOUs
Back in February, California politicians and taxpayers received a wake-up call, but, apparently, the alarm wasn't loud enough to wake them. ...
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Obama Wants Consumer Financial Protection Agency
The Obama administration on June 30 unveiled its latest attempt to put an end to the free market in financial services in the...
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Whither the Dollar?
As the fallout from the global financial crisis continues, the burning question in international financial circles is whether the U. S. dollar, the...
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Federal Reserve Hiring Lobbyist for Political War
The Federal Reserve caused the current economic crisis by suppressing interest rates and creating the housing bubble, Texas Congressman Ron Paul, Euro Pacific...
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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...
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Obama’s IMF Sneak Attack
A hundred and eight billion dollars — $108,000,000,000. Not exactly an eye-popping sum anymore, in an era of multi-trillion-dollar annual budgets and multi-trillion-dollar...
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Credit Card Meltdown Hits Banks
Next up for ailing mega-banks: a credit card meltdown. No surprise here, really; Americans have overused credit cards for years, trusting always in...
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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 of money far faster than expected, thanks to the...
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Cancerous Growth of Government
While every other major component of the economy is shrinking, government at all levels has grown to consume nearly half of America’s gross...
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