Economy
Fed Approves First Communist Chinese Takeover of U.S. Bank
In a landmark step with global implications, the Federal Reserve — despite national security concerns — approved the first communist Chinese takeover of...
AG Secretary Tom Vilsack Uses Farm Bill to Support Obama’s Reelection
Agriculture Secretary Tom Vilsack says spending cuts proposed by House Republicans are creating an obstacle for passage of a new farm bill. ...
Read moreEnding “Too Big to Fail” Gaining Momentum?
Just two days separated a letter from Matt Taibbi of Rolling Stone magazine and a report from the president of the Dallas Federal...
Read moreGlobal Government Debt Crisis Emerging
A sugar-coated analysis of the global economy released by the International Monetary Fund April 17 nevertheless contains dire warnings about a world in...
Read moreCanada Moves Closer to Cashless Society With Digital MintChip Currency
As free market-based digital currencies like Bitcoin and e-gold continue to gain traction around the world, the government of Canada responded with the “MintChip,”...
Read moreSolar Firm That Turned Down Gov’t Loan Fails — But Are Taxpayers Really Off the Hook?
Solar Trust of America, an energy firm based in Oakland, California, declared bankruptcy on April 2, fewer than 10 months after breaking ground...
Read moreHUD Grant Program Awards Millions of Dollars to Leftist Groups
The Housing and Urban Development Department (HUD) is doling out $42 million in federal funding for housing counseling grants to 468 local, regional,...
Read moreGoldman Sachs Reeling from Employee Charges, CFTC Fine
Goldman Sachs Corporation is facing a new wave of charges of not looking out for the interests of its clients this week, as...
Read moreTaking Stock of Obama’s Dividend Tax Hike Proposal
In his 2013 budget proposal, President Barack Obama is asking for what amounts to a tripling of the corporate dividends tax rate for...
Read moreIndian Tribes Hop Aboard Obama’s “Clean Energy” Gravy Train
As part of its Tribal Energy Program, the U.S. Department of Energy is providing $6.5 million to various American Indian tribes for “clean...
Read moreProposed Fuel Standards Could Hurt Car Makers
The Obama administration continues to set unfavorable conditions for businesses to prosper, this time through overbearing new fuel standards that auto dealers fear...
Read moreForeclosure Settlement Bails Out the Big Banks
The report from The New York Times on Wednesday about the foreclosure settlement reached between five big banks and 49 states’ attorneys general...
Read moreI Scream, You Scream: San Francisco Red Tape Nearly Strangles Small Businesses
San Francisco, as even casual observers of the political scene know, is one of the most liberal cities in the country. Many of...
Read moreFreddie Mac Bets Against Homeowners and Refinancing
Freddie Mac has again entered the spotlight as a new report claims the government-sponsored enterprise betrayed American homeowners after placing multibillion-dollar bets that...
Read moreGold Prices Soar on Fed News, Other Factors
A combination of several factors, including a declining dollar and the Federal Reserve’s announcement that it would keep interest rates at virtually zero...
Read more