Another Secret Federal Reserve Bailout, $7.7 Trillion This Time
The Federal Reserve Bank committed some $7.77 trillion in funds to major Wall Street banks during the height of the 2008 financial crisis,...
Economy
Ohio Valley Residents Band Together to Overcome Economic Woes
With the nation still deeply in debt and Americans struggling to make ends meet,...
Gadhafi’s Gold-money Plan Would Have Devastated Dollar
It remains unclear exactly why or how the Gadhafi regime went from “a model”...
The October Jobs Report: Precious Little Good News
There was precious little good news in the latest employment report from the Bureau...
Big Banks Shift Their Derivatives Exposure Onto U.S. Taxpayers
When Bank of America announced that it was moving its derivatives-laden portfolio at its...
Citigroup Settles With SEC Over Fraud Allegations
Citigroup has agreed to pay $285 million to settle civil fraud charges that it...
Another U.S. Credit Rating Downgrade Expected
Back in August, when Standard & Poor's downgraded the U.S. credit rating for the...
Unemployment Rate Unchanged, 103K Jobs Added
The U.S. economy added 103,000 new jobs in September with the unemployment rate holding...
Bernanke’s Economic Cure: More Deficit Spending, Re-Inflate Housing Bubble
Federal Reserve Open Market Committee Chairman Ben Bernanke's told the congressional Joint Economic Committee...
Home Sales Drop to Two-Year Low
Americans have invested in homes in many ways for a long time. During the...
Internet News Hits New Height of Popularity
For the so-called “old media,” it was the best of times, it was the...
Obama’s Automobile Standards Could Drive Industry Over a Cliff
The Obama administration is proposing new automobile regulations, including a doubling of fuel economy...
How Will Fed’s Bailout of European Banks Impact Gold & European Markets?
Even as the dollar is crashing and inflation in the United States is rampant,...
Federal Reserve to Bail Out European Banks (Again!)
To the list of mega-corporations bailed out by the U.S. government, we now must...
Report: Oil Industry Could Create One Million Jobs by 2018
By erasing burdensome regulations, the oil industry could create one million jobs by 2018...
Obama’s “Green Economy” Debacle
With the United States’ official poverty rate now at a seventeen year high of...
Aware of Price Manipulation, China Fighting Dollar With Gold
Information cited in a leaked 2009 diplomatic cable from the U.S. embassy in Beijing...
Government Reports No New Jobs in August, Markets Tumble
The U.S. Bureau of Labor Statistics (BLS) reported that the economy added no new...
Generation Vexed: Young American Working Class
Burdened with economic uncertainty, high unemployment, and a volatile investors’ market, young Americans are...