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 announcement Saturday that, as part of an extremely controversial...
Economy
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 Street Journal on March 10 found that 60 major...
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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, dropping the unemployment rate to 7.7 percent. But these...
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Ammo Shortages: More Than Simple Supply and Demand?
Despite much speculation that huge government agency orders for billions of rounds of ammunition are deliberately designed to result in "de facto" gun...
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Subway Restaurant Founder Slams Destructive Federal Regulations
Fred DeLuca, the founder of Subway, the world's largest restaurant chain, said that he would not be able to start his successful business...
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Gas Prices May Drop in Short Term, But Will Likely Stay High
The price of gasoline, according to the Energy Information Administration, may fall in the near future, but will likely rise again and continue...
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Amid Record Demand in 2012, Central Banks Scramble to Buy Gold
Global demand for gold hit a new record value level in 2012 and central banks around the world were gobbling up the precious...
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Time Warner Continues to Shrink, May Sell Off Most of Its Magazines
The announcement that Time Warner may be selling most of its magazines to another publisher is more evidence of its continuing loss of...
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Student Loan Consequences: Real, Costly, and Personal
The consequences of governmental intrusion into the private market are inevitable, painful, and costly, as students such as Nick Keith found out much...
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Newsweek’s Last Print Issue Is December 31
The decision to stop printing Newsweek magazine after Monday, December 31, reflects a change not only in how its subscribers access the news...
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More of America’s National Debt Being Bought by Foreign Governments
Foreign governments continue to increase their purchases of U.S. government debt despite concerns over the fiscal cliff and the government's continued profligate spending....
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Latest Manufacturing Report Confirms ECRI’s Recession Call
Calling it “unexpected,” Reuters reported that the Purchasing Managers Index (PMI) from the Institute for Supply Management for November fell to its lowest...
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Establishment Screams: Avoid Fiscal Cliff and Borrow, Borrow, Borrow!
All of official Washington and their media lapdogs are shaking in fear of the so-called “fiscal cliff” that is looming January 1, counseling...
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Union Threatens to Paralyze Walmart Stores on Black Friday
The United Food and Commercial Workers (UFCW) union has threatened 1,000 protests against Walmart on Black Friday, while the giant retailer has filed...
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Regulators R Us: Feds Crank Up Regulations — on Everything
Get set for the Obama administration’s post-election tsunami of business-killing, job-killing, economy-killing federal regulations. It’s already begun. Take a look at www.regulations.gov, the...
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