Opinion

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...

Charles Scaliger May 15, 2009

Social Security, Medicare Running Out of Money Faster Than Expected

Charles Scaliger May 13, 2009

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...

Cancerous Growth of Government

Alex Newman May 11, 2009

While every other major component of the economy is shrinking, government at all levels has grown to consume nearly half of America’s gross...

Another Record-breaking Deficit Looms

Charles Scaliger May 11, 2009

It’s official: this year’s budget deficit will be one for the record books. The latest figures released by the Obama Administration contemplate a...

“Prosperity Is Just Around the Corner.” Really?

Charles Scaliger May 7, 2009

Back in the bad old days of the Great Depression, the breezy assurance of the Hoover Administration that “prosperity is just around the...

Pyramid Schemes Put in Perspective

April 29, 2009

The real rub of the Ivar Kreuger and Bernie Madoff sagas is that both men were caught doing precisely what governments do as...

America’s GDP, Economy Shrink – Again

Charles Scaliger April 29, 2009

Despite rosy earnings reports from some closely watched corporations, the Great Recession is far from over, according to the latest economic data from...

Did Bernanke and Paulson Commit Bank Fraud?

Thomas R. Eddlem April 28, 2009

New revelations from the New York State Attorney General’s office have all but proven that Federal Reserve Chairman Ben Bernanke and former Treasury...

Foreign Aid: Give ’Til It Hurts, Repeat

April 27, 2009

Item: The Washington Post for March 31 reported: “The billions of dollars spent in U.S. aid to Afghanistan over the past seven years...

The High Cost of Cap and Trade

April 27, 2009

Cap-and-trade programs to control carbon-dioxide emissions are an unacceptably costly way to deal with the supposed problem of man-made global warming. ...

Dave Ramsey’s Town Hall for Hope

Patrick Krey April 25, 2009

Dave Ramsey on Thursday evening, April 23, held a town hall-style meeting in Oklahoma City that was webcast to about 6,000 sites, mostly...

Obama’s Counterproductive Economic Plan

April 24, 2009

President Obama on April 10 emerged from a high-level meeting with his economic team and proclaimed there were “glimmers of hope across the...

Credit Card Crackdown

Charles Scaliger April 23, 2009

Next up for the federal government: the credit card industry. Having already thrown trillions in taxpayer dollars at the banking sector, and having...