Economy

For Billionaires Only: Uncle Sam’s Real Estate Fire Sale

“The largest transfer of wealth from the public to private sector is about to begin. The federal government will be bulk-selling the massive...

William F. Jasper June 14, 2012

Is General Motors Now China Motors?

Bob Adelmann June 5, 2012

General Motors' CEO Dan Akerson supports increasingly closer ties with the Chinese tyrants, explaining that it's good for business. "By Bob Adelmann" ...

China Buys Hollywood Influence with Takeover of Top U.S. Cinema Chain

Alex Newman May 29, 2012

A massive China-based conglomerate headed by a member of the nation’s ruling Communist Party announced last week the largest ever corporate takeover of...

JOBS Act Is Starting to Work

Bob Adelmann May 28, 2012

ClearSign Combustion in Seattle, Washington, is one of the first small “early-stage” companies to raise public capital under the JOBS Act enacted in...

The Real Unemployment Rate

Bruce Walker May 28, 2012

The real unemployment rate is remarkably stable and it hovers around 41 percent. Demographically, about 80,000,000 Americans are minors and about 40,000,000 are...

Jamie Dimon, JP Morgan Chase & The Fed: Billions & Trillions for Insiders

William F. Jasper May 15, 2012

JPMorgan Chase CEO Jamie Dimon's admission to a $2 billion bank loss barely counts as scratch on the $16 Trillion loan and bailout...

Fed Approves First Communist Chinese Takeover of U.S. Bank

Alex Newman May 10, 2012

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

Brian Koenig May 2, 2012

Agriculture Secretary Tom Vilsack says spending cuts proposed by House Republicans are creating an obstacle for passage of a new farm bill. ...

Ending “Too Big to Fail” Gaining Momentum?

Bob Adelmann April 20, 2012

Just two days separated a letter from Matt Taibbi of Rolling Stone magazine and a report from the president of the Dallas Federal...

Global Government Debt Crisis Emerging

Thomas R. Eddlem April 18, 2012

A sugar-coated analysis of the global economy released by the International Monetary Fund April 17 nevertheless contains dire warnings about a world in...

Canada Moves Closer to Cashless Society With Digital MintChip Currency

Alex Newman April 16, 2012

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,”...

Solar Firm That Turned Down Gov’t Loan Fails — But Are Taxpayers Really Off the Hook?

Michael Tennant April 4, 2012

Solar Trust of America, an energy firm based in Oakland, California, declared bankruptcy on April 2, fewer than 10 months after breaking ground...

HUD Grant Program Awards Millions of Dollars to Leftist Groups

Brian Koenig March 20, 2012

The Housing and Urban Development Department (HUD) is doling out $42 million in federal funding for housing counseling grants to 468 local, regional,...