Economy

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 of living shows just how costly the regulatory state...

Bob Adelmann June 27, 2013

Taxpayers, Rockefellers Fund “Sustainable” Plot to Undermine Market

Alex Newman June 25, 2013

The Rockefeller Foundation, mega-banks, and even taxpayers via the U.S. Agency for International Development (USAID) have provided millions of dollars toward pushing a...

Detroit Creditors’ Haircut: 90 Percent

Bob Adelmann June 17, 2013

Detroit's Emergency Manager Kevyn Orr gave just two options to those creditors gathered in downtown Detroit on Friday: Go along with my proposal...

Central Banks’ Bubble Bursting, Sending Markets Down Worldwide

Bob Adelmann June 13, 2013

Central banking and Keynesian ideology make a toxic brew, the consequences of which are beginning to show up around the world. ...

First Time Since 1995: U.S. Produces More Oil Than It Imports

Bob Adelmann June 7, 2013

The confluence of numerous factors in both Texas and North Dakota is working to help the United States wean itself from dependence on...

Slowing Economy Confirmed

Bob Adelmann June 5, 2013

There are always unintended consequences when using Keynesian economic theories to try to jumpstart an economy. One of them is the freezing of...

Major Retailers Sue Visa and MasterCard Over Swipe Fees

Bob Adelmann May 24, 2013

After eight years of litigation, Visa and MasterCard are within shouting distance of their long-term goal: protection of a massive and increasing flow...

Calls to Privatize the FAA Follow Controller Furloughs and Airport Delays

Bob Adelmann April 25, 2013

Calls to privatize government agencies like the Federal Aviation Administration (FAA) are likely to fall on deaf ears until the government runs out...

Energy Department Seizes $21 Million From Failed Hybrid Automaker

Michael Tennant April 24, 2013

The U.S. Department of Energy says it seized $21 million from the reserve account of hybrid automaker Fisker Automotive when it failed to...

After Gold Crash, Experts Point to Central Bank Manipulation

Alex Newman April 16, 2013

In the wake of gold prices cratering in recent days, more than a few prominent experts have already started pinning the blame on...

FHA in Line for Taxpayer Bailout

Jack Kenny April 11, 2013

A likely bailout of another federal housing agency has drawn fire from congressional Republicans over an item in President Obama's budget that would...