Private Wages Shrink — Government Programs Swell
“Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year,” according...
Economics
13 Trillion and Counting
When former Comptroller General Bill Walker, who headed the U.S. Government Accountability Office, said two years ago that the “official” debt of the...
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Freezing the Economy with Global Warming Taxes & Regulation
Will the politicians in Washington succeed in freezing our economy to death under the pretext of saving us from a non-existent global warming...
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Senate Caves to Fed Pressure, Waters Down Audit
Just before noon on Tuesday, May 11, the U.S. Senate agreed to a one-time audit of the Federal Reserve's emergency actions taken in...
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$Trillion Bailout of Euro, Greece Shows Need to Audit the Fed
The timing of the sellout by Senator Bernie Sanders (I-Vt.) last Thursday, May 6, on legislation to audit the Federal Reserve could not...
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The New Frugality
Long term caution is affecting the economic decisions of millions of baby boomers. The continued growth of investment values led millions of Americans...
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Fed Facing Lawsuits, Criminal Complaints Over Market Manipulation
In addition to valiant congressional efforts for increased transparency, the Federal Reserve System and its cohorts are being targeted with criminal complaints and...
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Austrian Economics Rising
“Peter, you have been mocked on all of these financial shows going back to 2005. Going back to 2005! Not only did you...
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Social Security’s Nest Egg is Officially Cracked
In a misleading article by Associated Press that IOUs “stashed away” in an investment account in Parkersburg, West Virginia, were going to have to...
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Fed Wages PR Battle for Power, Secrecy
After hiring lobbyists last year to protect its interests amidst increasing public and congressional scrutiny, the Federal Reserve banking cartel is stepping up...
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IMF Seeks New Mandate, Global Currency
International Monetary Fund head Dominique Strauss-Kahn made a series of headline-grabbing statements late last week, calling for new supervisory authority over world financial...
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CIT Founders and Taxpayers Foot the Bill
It’s official: the U.S. taxpayer is now on the hook for $2.33 billion in TARP funds given to CIT Group back in December...
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Geithner: No Double Dip
When he appeared on ABC News's This Week on February 7, U.S. Treasury Secretary Timothy Geithner was quizzed about the risk of the...
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Latest on the Economy: Heading Up, or Head Fake?
When the Bureau of Economic Analysis announced that “the output of goods and services…increased at an annual rate of 5.7 percent in the...
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Obama’s State of the Union — And the Economy
Although the likelihood that President Obama will embrace a free-market solution to fixing the economy anytime soon must be reckoned similar to the...
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