Economy
Fed Showered Money On Foreign Banks
Complying with a court order, the Federal Reserve began releasing documents on March 31 related to one of its bailout and wealth-transfer schemes...
Cash For Clunkers 2? It’s Coming
Even after the Cash for Clunkers program failed, the federal government refuses to give up. It is now launching Cash for Clunkers 2,...
Read moreFinancial Sector Lures Math Talent from Industry
Credit Time magazine for identifying, however imprecisely, a very important but little understood consequence of the modern Federal Reserve-based financial system: a “brain...
Read moreGold, Silver Now Legal Tender in Utah
With Gov. Gary Herbert’s signature on March 25, the state of Utah became the first in recent times to officially accept gold and...
Read moreAT&T’s Acquisition of T-Mobile
Wireless telephone giant AT&T, in a bold attempt to reshape the wireless market, unveiled a mega deal over the weekend to acquire rival...
Read moreLSU Economist: Obama Drilling Moratorium Cost Billions
President Barack Obama's imprudent moratorium on drilling for oil in the Gulf Of Mexico cost not only the Gulf region but also the...
Read moreNew York Times Web Site to Go Behind Pay Wall
In the realm of online news, the New York Times is one of the premier go-to sites that hundreds of thousands of news...
Read moreDemocrats Boycott House Hearing Critical of Fed Policy
The House Domestic Monetary Policy and Technology Subcommittee concluded in hearings March 17 — apparently boycotted by committee Democrats — that the Federal...
Read moreInflation Drives Up Grocery Prices
In a clear indication of the times, economists predict that the odious tide of inflation will continue to ravage the U.S. economy, as...
Read moreABC Asks If Jobs Can Be Created by Buying American
On Sunday, March 6, Christiane Amanpour, moderator of ABC’s This Week, continued the network’s series “Made in America.” ...
Read morePostal Service Faces Shortfall
The number of activities contemplated by the Founding Fathers in the Constitution for the federal government is very small. However, astute Americans are...
Read moreChevy Volt: Is It the Electric Edsel?
After years of media hype and presidential accolades, Chevrolet has rolled out its new electric car, the Volt, to one of the coolest...
Read moreAccumulating More Debt Is Borrowing Trouble
Item: In his State of the Union Address, reported the Washington Post for January 26, President Obama “for the first time” did not...
Read morePerot Vindicated as NAFTA Causes Mass Outsourcing of Jobs
During his 1992 presidential campaign, Texan Ross Perot was maligned for his warning that the North American Free Trade Agreement (NAFTA) would cause...
Read moreAOL Acquires The Huffington Post
In a clear case of having more dollars than sense, America Online (AOL) is undertaking its least palatable acquisition to date: Arianna Huffington’s...
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