Economy
Obama Administration Proposes Doubling Gas Mileage Standards by 2025
If the Obama administration gets its way, you can kiss your next SUV — and possibly your life, if you're involved in an...
Fueling High Gas Prices
On the day President Obama took office in January of 2009, regular unleaded gasoline was selling nationally at an average price of $1.83...
Read morePension Woes of Alabama Town a Warning to Others
The city of Prichard, Alabama, is the best proof that more states need Governors such as New Jersey’s Chris Christie, who is willing...
Read more“Government Motors” Gives Taxpayers the Crankshaft
General Motors and Chrysler, so the story goes, have repaid the dollars the federal government loaned them to keep them from going belly...
Read moreUN Seeking to Tax and Control Food Markets
A new report released by the United Nations blames the “herd” mentality of investors and poor regulation for volatile commodity prices, suggesting new...
Read moreObama’s Dodgy Remarks on Auto Industry Bailout
President Barack Obama has lately been touting the government’s takeover of two of the Big Three automakers as an unqualified success. This is...
Read moreJobs Numbers Stagnate: Has Obama’s Spending Killed the Recovery?
The U.S. economy experienced disappointing jobs numbers in May, according to figures released June 3 by the U.S. Bureau of Labor Statistics (BLS),...
Read moreEconomists Tell Congress to Enact Spending Cuts
Economists Richard M. Ebeling and Matthew J. Slaughter testified before the House Monetary Policy Subcommittee May 11 and agreed that spending must be...
Read moreForbes: Return to Gold Standard Within Five Years
This was not a good week for the Federal Reserve. As if Rep. Ron Paul’s (R-Texas) congressional subcommittee hearing on the relationship of...
Read moreFannie and Freddie: Still Mortgaging America’s Future to Stay in Business
Need more proof — besides the staggering national debt — that the federal government is totally incompetent in fiscal matters? Three years after...
Read moreTornadoes Worsen Economy of Alabama, Other Southern States
The state of Alabama was already struggling with high unemployment when it was pummeled by tornadoes last week. As businesses and homes have...
Read moreBernanke Press Conference Proclaims Inflation Not a Problem
Federal Reserve Bank Chairman Ben Bernanke told reporters at the Fed's first ever press conference April 27 that the Fed's Open Market Committee will...
Read moreHigh Gas Prices Set to Cause Double Dip in Economy
"I'm sure the rising cost of energy is bothering the market," said Fred Dickson, chief investment strategist at D. A. Davidson & Company last...
Read moreChina’s Central Banker: We Own Too Much U.S. Debt
China's Central Bank Chairman Zhou Xiaochuan told a Chinese monetary conference last week that “Foreign-exchange reserves have exceeded the reasonable level that our country...
Read moreFed on the Ropes? Bernanke to Hold Press Conferences
The recent decision by Federal Reserve Chairman Ben Bernanke to begin holding press conferences may be one more indication of the increased influence...
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