UK Financial Times: U.S. Economy Bound for Japanese-style Lost Decade
Britain's leading financial newspaper, the London Financial Times, now believes that the U.S. economy may be headed toward a Japanese-style "Lost Decade." ...
Economics
Stagnant Economic Growth Weakens Obama’s Credibility
President Obama commenced his weekly address on Saturday by subtly blaming sluggish economic growth and high unemployment on his predecessor — the Bush...
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The $61 Trillion Debt
Anyone paying much attention to the news is aware that the U.S. government is now about $14.3 trillion in debt and considering borrowing...
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National Debt: Hitting the Ceiling or Going Through the Roof?
“The fact that we are here today to debate raising America’s debt limit,” said the Senator, “is a sign of leadership failure. It...
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George Soros a Student of the Austrian School?
George Soros courageously walked into the Cato Institute on Thursday to debate some of the nation’s leading scholars of the Austrian School of...
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Evidence for Double Dip is Growing
Establishment economists and other economic cheerleaders were disappointed to learn that, despite the government’s best efforts to revive the economy through Keynesian interventions...
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IMF: Chinese Economy To Surpass U.S. By 2016
The International Monetary Fund (IMF) now predicts that the size of China’s economy will surpass America’s by 2016, far earlier than most mainstream...
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Rep. Paul Plans Hearing on Fed’s Foreign Bailouts
Constitutionalist Rep. Ron Paul (R-Texas), the Chairman of the House Financial Services Subcommittee on Domestic Monetary Policy, is planning to hold hearings about...
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Libya Costs Will Undermine GOP’s Savings
While Republicans have touted savings in the passage of continuing resolution after continuing resolution, it seems the military operations in Libya may eliminate...
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Supreme Court: Fed Must Disclose Bailout Details
After the Supreme Court refused to hear an appeal of lower-court rulings, the Federal Reserve must release information within five days about its...
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Federal Reserve Policies Drive Up Gas Prices
As inflation continues to rear its ugly head, one of the most pressing and ominous side effects of the country’s inflationary spiral is...
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Utah House Approves Gold, Silver as Legal Tender
The Utah House of Representatives voted on March 4 to make gold and silver coins issued by the federal government into legal tender...
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Ben Bernanke Opposes Spending Cuts
Federal Reserve Chairman Ben Bernanke told members of the House Financial Services Committee March 2 that even mild cuts in spending could cost...
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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...
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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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