Economy
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...
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...
Read moreStudent 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...
Read moreNewsweek’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...
Read moreMore 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....
Read moreLatest 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...
Read moreEstablishment 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...
Read moreUnion 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...
Read moreRegulators 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...
Read moreOne Bear’s Prediction: Massive Market Selloff Coming
Hard-money investment manager Marc Faber predicts that markets could decline by 20 percent, perhaps more, as the economy faces the continued recession and...
Read moreAmerican Manufacturing Loses Another Member
The graveyard of American businesses is receiving another occupant. Orwigsburg, Pennsylvania-based apparel manufacturer FesslerUSA, over 100 years old, is closing its doors. The...
Read moreLayoffs Begin After Obama Reelected
Within hours of the reelection of President Barack Obama, American manufacturers and other employers announced massive layoffs. The reason: the high cost of...
Read moreDodd and Frank: The Dukes of Moral Hazard
According to the text of the 2010 Dodd-Frank Wall Street Reform and Consumer Protection Act, the law is supposed “to promote the financial...
Read moreGoal of TPP: Free Trade Area of the Asia Pacific (FTAAP)
The goal of the secretive negotiations working out the TPP is the creation of a Free Trade Area of the Asia Pacific (FTAAP)...
Read moreTax Moves Being Dictated by the Fiscal Cliff
Small business owners, some of whom have spent their lifetimes building their businesses, are unloading them before the end of the year in...
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