University of Texas Takes Possession of $1 Billion in Gold
The University of Texas decided this week to take physical possession of some 664,000 ounces of gold it has bought over the past...
Economy
Impact of S&P’s Announcement on Debt Ceiling Debate
Despite the White House’s contentions that the United States economy is improving, Standard & Poor’s recent decision to change its outlook on U.S....
Read moreWorld Leaders Address Rising Food Costs in Weekend D.C. Meetings
According to the International Monetary Fund and the World Bank, the global economy is "one shock away from a “full-grown crisis.” In a...
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Gold Hits New Record on Inflation, Debt Fears
Gold and silver prices soared to record highs and commodities continued pushing upwards as investors seek safe havens amid growing fears about inflation...
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Beck May Leave Fox News and Pursue Own Channel
Speculation over the length of conservative pundit Glenn Beck’s tenure at Fox News has pervaded media circles and conservative blogs almost since the...
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Fannie, Freddie, and the Feds’ Double Standard on Executive Pay
On February 4, 2009, President Barack Obama signed legislation establishing a $500,000 limit on executive compensation at firms receiving federal aid through the...
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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...
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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,...
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Financial 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...
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Gold, 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...
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AT&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...
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LSU 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...
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New 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...
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Democrats 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...
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Inflation 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...
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