Taxpayers, Economic Outlook to Lose Big on the Auto Bailouts
Despite surges in revenue and a catalog of new vehicles from the U.S. auto industry, taxpayers are still suffering from the auto bailouts....
Economy
Walmart Shrugs: Pulls Plans to Build Stores in Washington, D.C.
If Washington D.C.'s Mayor Vincent Gray doesn't veto a discriminatory minimum-wage law targeted at...
Federal Regulations Cut Standard of Living by 75 Percent Over 56 Years
There are political costs as well, but the 75 percent reduction in Americans' standard...
Taxpayers, Rockefellers Fund “Sustainable” Plot to Undermine Market
The Rockefeller Foundation, mega-banks, and even taxpayers via the U.S. Agency for International Development...
Detroit Creditors’ Haircut: 90 Percent
Detroit's Emergency Manager Kevyn Orr gave just two options to those creditors gathered in...
Central Banks’ Bubble Bursting, Sending Markets Down Worldwide
Central banking and Keynesian ideology make a toxic brew, the consequences of which are...
First Time Since 1995: U.S. Produces More Oil Than It Imports
The confluence of numerous factors in both Texas and North Dakota is working to...
Slowing Economy Confirmed
There are always unintended consequences when using Keynesian economic theories to try to jumpstart...
Major Retailers Sue Visa and MasterCard Over Swipe Fees
After eight years of litigation, Visa and MasterCard are within shouting distance of their...
Calls to Privatize the FAA Follow Controller Furloughs and Airport Delays
Calls to privatize government agencies like the Federal Aviation Administration (FAA) are likely to...
Energy Department Seizes $21 Million From Failed Hybrid Automaker
The U.S. Department of Energy says it seized $21 million from the reserve account...
After Gold Crash, Experts Point to Central Bank Manipulation
In the wake of gold prices cratering in recent days, more than a few...
FHA in Line for Taxpayer Bailout
A likely bailout of another federal housing agency has drawn fire from congressional Republicans...
Friday’s Jobs Report In Line with Reduced Expectations
Friday's jobs report from the Bureau of Labor Statistics buttressed the position of many...
Reality Gap Between Wall Street and Main Street Widens
The battle between a stock market that moves inexorably higher and an economy that...
Eurozone Boss Seeks More Looting as Capital Controls Hit Cyprus
After looting some 30 percent of selected bank account holders’ deposits in Cyprus on...
Cheap Abundant Natural Gas is a Game Changer, Says the IMF
A researcher at the International Monetary Fund expressed surprise at the greatly increased production...
Panic Grips Europe as Cyprus, EU, and IMF Confiscate Savings
Panic-stricken bank depositors in Cyprus emptied ATM machines across the nation after the surprise...
Major U.S. Companies Park Money Overseas to Save on Taxes
In a stunning depiction of how bad our tax code has become, the Wall...
Friday’s Surprisingly Strong Jobs Numbers Aren’t Real
According to Friday's Labor Department report, the economy generated 236,000 new jobs in February,...