Report: Secret Plot Against Dollar
A report published Tuesday by a British newspaper sent shockwaves across the world. The Independent story, entitled "The demise of the dollar," claimed...
Markets
Proposal for This Week’s G-20 Summit: IMF as Global Financial Regulator
“The International Monetary Fund was the surprise winner at the last summit of the Group of 20 leaders, which agreed to quadruple the...
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Reverse Immigration Jeopardizes U.S. Economy
While the U.S. Border Patrol has its hands full trying to stop the flow of illegal aliens into our country, a Duke University...
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Amid Criticism, Switzerland Overtakes US as Most Competitive Economy
Switzerland overtook the United States as the most competitive economy in the world, according to the global competitiveness index released this week by...
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Economy Shrinks Q2, Recession Worse Than Thought
Though data shows that the U.S. economy only shrank at a one-percent annual rate during the second quarter of the 2009 calendar year,...
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CIT Patches Together Private Bailout After TARP Bailout
Capital lending firm-turned-bank holding company CIT has patched together another $3 billion private loan to avoid bankruptcy and try to complete the transition...
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Bernanke Promises “Exit Strategy” From Inflation
Federal Reserve Chairman Ben Bernanke is on a public relations offensive to persuade Americans that he has the economy well in hand, and...
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Obama’s Car Czar Linked to Bribery Scandal
President Obama’s Auto Task Force Chairman Steven Rattner resigned suddenly earlier this week after reports that the New York Attorney General’s office was...
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Driving Us to Destruction
Item: Writing in the online Newsweek for June 2, Daniel Gross observed: “It’s been a long time since American devotees of Marx …...
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473,000 Jobs Lost in June
The ADP National Employment Report estimated that the national economy shed some 473,000 jobs in June, which may be enough to bring the...
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“Cap and trade” Tax Fight Expected in Senate
"Today's razor-thin vote in the House spells doom in the Senate," Sen. James Inhofe (R-Okla.) predicted to the Associated Press of the American...
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Ford Takes 5.9 Billion Government Loan
Ford Motor Company was supposed to be the only major U.S. automaker not in need of a bailout, but this week Ford accepted...
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Obama’s Energy Plan
Many factors have enabled the United States to become the wealthiest nation on Earth: limited government, secure property rights, a free-market capitalist economic...
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GM’s Bankruptcy
Monday, June 1, was the end of an era for the American automotive industry. As nearly everyone not living in the jungles of...
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Is U.S. Chamber of Commerce Anti-Business?
“Is Barack Obama More Pro-Business Than Ron Paul?” led the headline on the popular blog at LewRockwell.com. “Yes,” Rockwell sarcastically answered his own...
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