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...
Economics
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...
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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. ...
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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...
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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...
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Federal Shipping Law Exacerbates Northeasterners’ Winter Woes
The federal Jones Act, a 1920 shipping law, is forcing the Northeast to import expensive foreign propane for heating homes and preventing New...
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Highland Park, Michigan, on the Brink of Bankruptcy
Highland Park, Detroit's "own Detroit", has run out of time and money. Bankruptcy of the city once considered Detroit's crown jewel is inevitable....
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Report Decries Gender Pay Gap, Ignores It in White House
NBC News special anchor Maria Shriver overlooked the very gender wage discrimination extant in the White House that she decries in her latest...
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Welfare Hits Record Levels After 50 Years of War on Poverty
Fifty years ago this week, President Lyndon Johnson announced the “War on Poverty” during his first State of the Union Speech. Under the...
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America’s Death by Debt and Taxes
How bad are America's fiscal woes? Evaluating our taxation, budgeting, and debt by the numbers paints a very bleak picture, indeed. ...
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1.3 Million Lose Federal Unemployment Benefits; 2 Million More May Follow
Federal unemployment ended Saturday, so now some 1.3 million people won’t be getting their $1,166 (on average) monthly check. By June, another 1.9...
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Judge Declares Detroit Bankrupt; Gives OK to Cut Pensions, Burn Creditors
Many of the lessons being learned the hard way in Detroit's bankruptcy will, unfortunately, have to be learned over and over again. ...
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Implosion of Social Security Disability Ponzi Scheme Accelerates
The mathematically inevitable end of one of the Ponzi schemes in Social Security draws closer as the number of disability recipients continues to...
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Vast Majority Want to Audit the Federal Reserve, Poll Shows
Just one in 10 American adults is opposed to auditing the shadowy Federal Reserve, with an overwhelming 74 percent supporting an audit of...
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Liberal Brookings Institution Admits: Cash for Clunkers a Failure
The left-leaning Brookings Institution admitted in an October 31 report that the Obama administration's “Cash for Clunkers” program was an almost complete waste...
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