Moody’s Downgrades Chicago Again
Reality and politics in the Windy City rarely collide in the same sentence, but that Chicago's fiscal problems are becoming too big to...
Economics
San Francisco Bookstore Closing Due to Minimum Wage Hike
A small San Francisco bookstore is going out of business because it can't afford a minimum-wage increase approved by voters last year. ...
Read more
New Illinois Governor Facing Torrent of Red Ink
Bruce Rauner, Illinois’ new Republican governor, was inaugurated on Monday and is facing a daunting task: a $4 billion backlog of unpaid bills...
Read more
ISIS Expresses More Monetary Sanity Than Federal Reserve
The self-styled “Islamic State,” the terrorist group often referred to as ISIS or ISIL that was admittedly armed by the Obama administration and...
Read more
Feds 2014 Jackson Hole Confab
VIDEO - Expect the European Central Bank to take a page from the Federal Reserve in the near future. Bill Jasper reports specifically...
Read more
Robotic Pizza Delivery, Banking, and Now Over-the-road Trucking
Robots will soon be driving over-the-road trucks, bringing down costs and reducing crashes. ...
Read more
Despite Stock Market Gains, Public Pension Plans Fall Further Behind
By ignoring basic investment rules, public pension managers have virtually guaranteed that these pension plans will not keep their promises. ...
Read more
Latest Fed Confab: More Bank Bailouts, Pension Raids, Taxes, Inflation
The Federal Reserve’s annual Wyoming symposium has sent ominous signals that the world’s top central bankers will be unleashing global QE — and...
Read more
Minnesota Café Adds “Minimum Wage” Fee to Customers’ Bills
After Minnesota raised its minimum wage, a café owner added a $.35 "minimum wage" fee to all customer orders to cover the added...
Read more
Will Fed Pull Back After 2nd Quarter Economic Growth?
The announcement July 30 that the economy grew at a four-percent annual rate for the second quarter of 2014 has financial analysts wondering...
Read more
Detroit’s New M-1 Rail Line: Triumph of Hope Over Experience
This is a setup from the start. The rail line will never make money, so it's being funded with gifts in the hopes...
Read more
Rothschild Crony Capitalist Summit Plots Against Free Markets
Under the guise of re-defining and improving what they inaccurately called “capitalism,” top insiders representing institutions that control some $30 trillion in assets...
Read more
Congressional Budget Office Confirms Obama’s Attack on the Middle Class
The CBO reveals an unrepentant president determined to impoverish further the once-vital American middle class. ...
Read more
Fed Chair Yellen Says Economy Needs “Extraordinary Commitment”
Speaking at the conference for community organizers and developers hosted by the Chicago Federal Reserve on March 31, Federal Reserve Fed Chair Janet...
Read more
Survey: Small Business Will Lay Off Workers if Minimum Wage Hiked
An employment service learned that unemployment would increase if the minimum wage is hiked by asking those who would be directly affected by...
Read more