Economy
With Moody’s New Rules, Public Pension Plans Even More Woefully Underfunded
Moody’s, one of the big three credit rating agencies, has announced new rules to be effective on September 1 that bring an additional...
Top Investor Warns of “Financial Armageddon” as Soros Dumps Bank Stocks, Buys Gold
In what analysts say is another indication that the economy will get worse in the not-too-distant future, recent filings by billionaire financier George...
Read moreFood Freedom Fighters Organize Lemonade Freedom Day
Selling lemonade, raw milk, or any other comestible is not a crime. That is the message of the second annual Lemonade Freedom Day....
Read moreFormer MF Global CEO Jon Corzine Will Likely Get Off Scot-Free
Ten months after stitching together the pieces of the MF Global collapse and bankruptcy in October, 2011, the New York Times reported that...
Read moreGas Prices Moving to All-Time High
The prices that Americans pay for gas at the pump may reach an all-time high this summer. The average price is $3.70 per gallon, which is...
Read moreDrought Recharges Ethanol Debate
The current drought afflicting the country is driving up the price of corn and reviving the debate over ethanol mandates that redirect corn...
Read moreAuto Bailout Now Forecast to Lose $25 Billion — and Counting
At a recent campaign appearance President Barack Obama touted the alleged success of the federal government’s bailout of the automobile industry, saying it...
Read moreMore Help for Farmers from Obama and the USDA
President Obama made sure that Iowa farmers knew that he was “there for them” during a campaign stop in Council Bluffs, Iowa, on...
Read moreChina’s Economy Is Continuing to Slow
The latest numbers from China on its gross domestic product, factory output and electricity usage all show a bubble bursting. Kevin Yao, writing from...
Read moreSmall Businesses Bemoan ObamaCare Costs
According to the owners of Papa John's, as well as a number of other businesses, the costs of ObamaCare will force up the...
Read moreRising Foreclosures Show Weak Economy
Foreclosures of homes are increasing, July economic reports reveal. Homes are the most important asset that ordinary Americans possess, and the value of...
Read moreCommunist China Lobbying to Take Over U.S. Oil, Lawmakers Still Concerned
American lawmakers on both sides of the aisle are expressing serious concerns about a bid by the communist dictatorship ruling mainland China to...
Read moreAmerica’s Exploding Energy Reserves Are Also Exploding Myths
The latest report from the U.S. Energy Information Agency (EIA) not only confirmed the explosive growth in the country’s proven reserves of oil...
Read moreFinancial News in Southern Europe Generally Grim
The latest financial news from Europe may fall into the “good news, bad news” category — although the “good news” simply means that...
Read moreFacing Extinction at Bureaucrats’ Hands, Desk Toy Maker Fights Back
The Consumer Product Safety Commission is trying to force Buckyballs desk toys off the market over safety concerns, but the manufacturer is fighting...
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