Atlanta Fed Drops GDP Growth Estimate to Under One Percent
The Atlanta branch of the Federal Reserve System's GDPNow has a record of embarrassing mainstream economists who continue to view the economy through...
Economy
Moody’s Lowers Chicago’s Debt Rating to Junk Status
Moody's has cut Chicago's debt two levels to junk status, belying Mayor Rahm Emanuel's claims of progress in lowering the city's debt. ...
Read more
New York’s Fracking Ban Hurting Upstate New Yorkers
Ignoring economic reality, political ideologues ban the very activity that could solve the problems faced by residents suffering under the ban. ...
Read more
China Export Shipping Declines by Two-thirds
Exports from China have fallen off a cliff as Keynesian economic "remedies" are used to no avail to boost China's economy. ...
Read more
Cachet Fades: Hybrid Owners Trading for SUVs
The cachet of hybrid electric vehicles is fading, along with the myth that the government can remake society according to its vision. ...
Read more
Hillary Finally Comes Clean: The Economy Is “Stalled”
Reality has forced Hillary to admit what most voters already know: The economy has shifted into neutral. ...
Read more
Trade Promotion Authority and the Trans-Pacific Partnership
VIDEO - Andy Ramirez reports on Trade Promotion Authority, an executive power that Congress can grant President Obama in regard to negotiating...
Read more
Trinity Church Lawsuit Threatens Walmart’s Freedom to Sell Guns
If Walmart’s appeal of a court's November ruling fails, it'd be a victory for anti-gunners who want to remove guns from Walmart's shelves....
Read more
Iceland Considers Stripping Power to Create Currency From Banks
Still reeling from the economic catastrophe that struck in 2008, Iceland and its Parliament are debating a plan that would dramatically restructure the...
Read more
Memphis Police, Firemen Quitting Following Pension Plan Reductions
Police and firemen in Memphis are quitting and finding work elsewhere because their pensions have been underfunded and must be scaled back. ...
Read more
Oil Production Still Increasing — Confounding Experts
The international Energy Agency is astonished that the oil industry continues to produce at record levels, despite predictions there would be production cuts....
Read more
Latest Jobs Report Deceptive; Jobs Exported Overseas
The employment report from the Labor Department on Friday was hailed as more evidence that the worst from the Great Recession is now in the...
Read more
IMF Seeks to Bypass U.S. Veto in Bid to Empower Self, Tyrants
Right now, the IMF is trying to forward controversial “reforms,” changes that are strongly supported by the Obama administration and most IMF member...
Read more
FCC to Vote on Net Neutrality Rules on Thursday
The mindset that anything left unregulated is a sin from which we must be saved drives the latest effort from the FCC. ...
Read more
European Central Bank Opens Funny Money Floodgates
Following in the extremist “Quantitative Easing” (QE) footsteps of the U.S. Federal Reserve, the European Central Bank vowed to create massive quantities of...
Read more