Obama’s Trillion-Dollar Coin Exposes Federal Reserve Scam
Amid an ongoing debate over raising the debt ceiling and Congress’ seeming inability to rein in wild deficit spending, some proponents of even...
Economics
Dollar’s Decline Catches Up With U.S. Mint
The decline in the purchasing power of the dollar has finally caught up with the U.S. Mint, which is planning to remove pennies...
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Latest U-Haul Index Shows Californians Leaving for Texas
One of the best indicators of a state’s economic health, according to John Merline, writing in Investor’s Business Daily, is the “U-Haul Index”...
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Reduction in Social Security Payroll Taxes Due to Expire
In 2010, the U.S. Congress cut the Social Security payroll tax from 6.2 percent to 4.2 percent for 2011 as part of a compromise...
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Another Large Co. May Shrink or Close Due to ObamaCare, Higher Taxes
After 42 years of building an immense real estate and time share company, with 7,000 employees and revenues of $1 billion, its owner...
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2nd Quarter Growth Slower Than Thought (GDP 1.3% Growth)
The U.S. economy grew slower than previously reported during the second quarter of the year, according to the U.S. Bureau of Economic Analysis...
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Is the Fiscal Cliff “Taxmageddon,” or Too Little, Too Late?
The anti-tax foundation Americans for Tax Reform has labeled the end of the Bush-era tax cuts that are scheduled to expire at the...
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Business Economists Want Higher Taxes, Spending Cuts
To hurdle the federal government’s looming “fiscal cliff,” Congress and the president must enact a combination of higher taxes and spending cuts, says...
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U.S. Economic Freedom Plummets to 18th Place Globally, Study Shows
Due in large part to an explosion of government spending and less secure property rights, the United States plunged to its lowest ever...
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U.S. Credit Rating Downgraded
The Federal Reserve has announced that it would begin yet another round of quantitative easing, a maneuver that has caused the independent and...
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Obama Administration Adds 11,000 Pages of Regulations
As the real unemployment rate hovers around 19 percent, with more Americans dropping out of the labor force and others being forced to...
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Unemployment Still High; Not for Government Workers
While a record number of Americans are not currently in the labor force, according to the Department of Labor, unemployment for government workers...
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Study: As U.S. Drops Again, Swiss Economy Still Most Competitive
The United States dropped in the Global Competitiveness Index ranking for the fourth year in a row because of exploding debt and deficits...
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Romney Says He Would Replace Bernanke at Fed
GOP presidential contender Mitt Romney has announced that he would not reappoint Federal Reserve Chairman Ben Bernanke to a third term, but indicated...
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CBO Projects Recession in 2013
The Congressional Budget Office released its economic analysis for 2013 in its annual summer budget update on Wednesday, reporting, “The sharp increases in federal taxes...
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