Economy
Lower Gas Prices Coming?
An October 25 article for CNBC predicted that gas prices, down significantly from where they were in April, would continue to slide by...
Puerto Rico’s Bond Prices Are Falling Sharply, Foreshadowing U.S. Problems
The economic problems facing Puerto Rico are the same problems facing the United States, and they are caused by the same things. ...
Read moreTrans-Pacific Partnership Takes Legal Authority Away from Domestic Courts
Key provisions of the Trans-Pacific Partnership remove disputes between corporations and members states away from domestic courts. ...
Read moreWill China “Save” Detroit?
Detroit’s politicians are practically prostrating themselves before Chinese “investors” so that the Chinese will buy and keep open companies, but it’s a strategy...
Read moreRon Paul Predicts “No Policy Change” Under a New Fed Chairman
Ron Paul predicts that unless the Federal Reserve is audited, there will never be a change in the policies that have essentially bankrupted...
Read moreRough Road to Recovery
President Obama has claimed that America is well on its way to economic recovery, but if job figures, incomes, inflation, and debt are...
Read moreTreasury Refuses to Sell Its Gold Even in the Event of Default
Even in the event of a pending default, the Treasury will not be selling any of its gold reserves to pay the government’s...
Read moreShutdown: Democrats Trigger “All or Nothing” Bluff
The federal government entered into a partial shutdown at midnight October 1 as congressional leaders were unable to agree upon a “continuing resolution”...
Read moreMore Americans Say Country Headed in Wrong Direction
A dozen public opinion polls and two studies by conservative think tanks show that more and more Americans think the country is headed...
Read moreUSDA Approves Import of Poultry Processed in China
The Food Safety and Inspection Service (FSIS) of the U.S. Department of Agriculture (USDA) quietly lifted its restriction on processed poultry (such as...
Read moreAmerica’s Re-shoring of Jobs Is Accelerating
The latest report from Boston Consulting Group provides encouraging evidence that millions of American jobs off-shored will soon be returning. ...
Read moreUnited States to Become the World’s Primary Energy Producer in Four Years
The direct and indirect impacts of the United States becoming the world's primary energy producer in the next fours years are just coming...
Read moreChinese State-Owned Company Purchases Smithfield Foods
Smithfield Foods, the largest pork producer in the world, based in Smithfield, Virginia, has been purchased by Communist Chinese state-owned enterprise Shuanghui Group. ...
Read moreWarren Buffett’s Railroad Tests Natural Gas to Drive Its Locomotives
The announcement by BNSF Railway that it is testing liquefied natural gas to power its locomotives is one small indication of the huge...
Read moreNewest Jobs Report: There’s Good News, and Then…
Another report on unemployment, another slight uptick. But the numbers don't reflect reality, nor do they portend a stronger economy in the future....
Read more