Obama Borrowed An Extra $30,000 Per Household In Two Years
On the heels of last week’s report that interest on the $14.13 trillion national debt will quadruple in the next decade, we now...
Economics
Fed Uses Accounting Gimmick to Hide Losses
The Federal Reserve announced that it would use a new accounting trick to conceal potential losses on its massive investment portfolio, transferring its...
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Utah Could Use Gold, Silver Under Sound Money Act
In light of the U.S. dollar’s continual loss of purchasing power and the historical stability of precious metals as a store of value,...
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Virginia Considers Dollar Collapse, Gold Currency
In a stark illustration of the economic fears still plaguing America, a resolution was introduced in the Virginia legislature on January 12 that...
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Bernanke Hints at More “Quantitative Easing”
Stocks retreated and commodities predictably soared Monday after Federal Reserve Bank Chairman Ben Bernanke told CBS's 60 Minutes that “it's certainly possible” the...
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G-20 Summit Witnesses Tense Debates
As world leaders have gathered in Asia for the Group of 20 (G-20) summit to discuss measures to revitalize the frail global economy,...
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Geithner Vows U.S. Will Not Devalue Dollar
The United States would never, ever consider devaluing the dollar for export advantage, Treasury Secretary Timothy Geithner assured an audience of Silicon Valley...
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More Issues with Economic Stimulus
The Associated Press reports that a government investigator has discovered that 89,000 stimulus payments of $250 went to people who were either dead...
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How Paul Krugman Would Handle Debt
Nobel prize-winning economist and Princeton Professor Paul Krugman provided the Associated Press with some unpleasant commentary on the huge debt that Americans and...
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Obama Chief Economic Adviser Summers Resigns
In the midst of speculation over possible changes to President Obama’s economic team, the chair of the National Economic Council, Lawrence Summers, announces...
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Basel III and Sound Banking
The global regulation of banks took a major leap forward with the conclusion on September 12 of a round of talks held at...
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The Emerging Global Fed
The Federal Reserve has been a nightmare for the American people. It inflates the money supply, thereby devaluing already-existing money and placing a...
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Waking up to a World Currency
If all the advocates of a world fiat currency (a currency not backed by a precious commodity like gold) were to scream at...
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Comic Books From the Federal Reserve
Facing more scrutiny than its leaders have ever wanted, the Federal Reserve responded beginning in 2009 with a campaign designed to tell everything...
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Is America Headed Toward Japanese-style Economic “Lost Decades”?
Just one week after James Bullard of the St. Louis branch of the Federal Reserve Bank released his August 6 paper declaring that...
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