Opinion

Study Claims Interest Rate of Zero Is Too High

A recent analysis by Goldman Sachs, one of the Wall Street investment banks which benefitted from the recent federal government bailout, concludes that...

Brian Farmer January 27, 2009

“Stimulus” Spending Will Harm Recovery

Gary Benoit January 26, 2009

Congress is now considering the American Recovery and Reinvestment Act of 2009, the latest barrel of pork to be tossed into the recessionary...

DPA’s Glorious Song/Dance Performances

Gary Benoit January 20, 2009

Since 2006, an amazing group of free Chinese artists has gone on a tour that spans the globe, presenting a Chinese New Year...

An Americanist Economic Perspective

Steven J. DuBord January 20, 2009

Art Thompson, CEO of The John Birch Society, parent company to The New American, offers his advice on what steps to take to...

Uncle Sam Grabs the Wheel

Steven J. DuBord January 19, 2009

ITEM: Reuters reported on December 30: "The Bush administration on Monday expanded its bailout of the U.S. auto industry, saying it was buying...

More Fright-peddling, More Bailouts

William F. Jasper January 19, 2009

Round two of the economic crime of the century has begun. On January 12, Lawrence Summers, President Obama's designee to become director of...

Banks, Nationalization, and the Times’ Spin

Gary Benoit January 17, 2009

In an unwonted episode of lucidity, the New York Times proclaimed in a recent headlilne that the "Rescue of Banks Hints at Nationalization."...

Stimulus Price Tag Continues to Rise

Gary Benoit January 15, 2009

The price tag for the incoming Obama administration's proposed stimulus bill continues to rise. This morning, a few hours in advance of a...

Obama’s Stimulus Plan Will Cost at Least $187,800 Per Job

Gary Benoit January 13, 2009

According Barack Obama's presidential transition team, the new stimulus plan being prepared by the upcoming Obama administration can be expected to create between...