Economy
Behind the Mortgage Foreclosure Crisis
The foreclosure crisis continues to threaten the U.S. banking sector with more headaches, admitted Sheila Bair, head of the FDIC, on October 25....
Chevy Volt Misses the Mark
Now that the Chevy Volt, General Motors’ electric car, is about to arrive in selected dealers’ showrooms around the country, it has been...
Read moreWhen Unemployment Pays Better Than Employment
Back in June, Republican Senate candidates Sharron Angle of Nevada and Rand Paul of Kentucky endured criticism from the mainstream media for their...
Read moreHandicapped Passenger Told: “Too Disabled to Fly”
October 15, US Airways asked one of its passengers flying from West Palm Beach to Kansas City to exit the airplane. Johnnie Tuitel,...
Read moreGold and Commodities Soar With Fed Inflation News
Commodities markets have soared on news of a global currency inflationary war by central banks around the world, with gold prices climbing to...
Read moreNo Social Security COLA Next Year
Social Security recipients will go a second consecutive year without receiving a cost-of-living adjustment in 2011, according to various press reports. The announcement,...
Read moreBank of America Suspends Foreclosure Sales
Amid the rising turmoil in the housing market, the Bank of America announced today it is suspending foreclosure sales in all 50 states....
Read moreWashington Could Learn From Havana and Moscow
Once upon a time the United States had some standing to lecture communist countries on the virtues of free markets. Today, however, our...
Read moreGold and Competitive Currency Destruction
The price of gold as measured against the U.S. dollar hit a record $1,341 per ounce at the close of commodities market day...
Read moreIMF Outlook for Global Economy Gloomy
There is little growth on the horizon for the global economy, and a significant likelihood of further trouble, believes the International Monetary Fund....
Read moreCorn Syrup Makers Seek Name Change for Sweetener
With high-fructose corn syrup suffering from years of bad press, and consumption of the popular sweetener falling to a 20-year low over concerns...
Read moreRecession is Over?
With a straight face, the National Bureau of Economic Research (NBER) announced that the Great Recession ended last June. June of 2009, that...
Read moreDebate Over Government Pension Plans Heats Up
After losing billions during the economic crisis, bloated benefits of state and local government-employee pension plans across America have been thrust into the...
Read moreSecret Billionaire Luncheon Produces Dire Predictions
Bilderbergers, look out, here comes another super secret meeting of billionaires predicting the future of the world’s economy. ...
Read moreArthur Sulzberger Contemplates the Future of the New York Times
The New York Times will stop publishing its print edition sometime in the future. That's the word from Arthur Sulzberger, publisher of the...
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