Economy

Fed Data Reveals Trillions in Bailouts to Big Foreign Banks

Secret Federal Reserve System data released December 1 reveals that the banking cartel (the Fed and its member banks) bailed itself out to...

Alex Newman December 2, 2010

News Baron Murdock Set to Launch Daily iPad Paper

Dave Bohon December 1, 2010

Media mogul Rupert Murdock, whose News Corp. owns and operates scores of daily newspapers, including such standards as the Times of London, the...

Cotton Prices Expected to Soar

Raven Clabough November 17, 2010

Last year, conservative pundit Glenn Beck warned his viewers to stock up on clothing for their kids, as he predicted that the price...

Federal Salaries Rise Fast Under Bush, Even Faster Under Obama

Michael Tennant November 10, 2010

While average Americans have seen their wages and benefits stagnate, decrease, or even vanish altogether in recent years, federal workers have been doing...

Commodities Skyrocket After Fed Announces $600 Billion More Inflation

Thomas R. Eddlem November 4, 2010

One day after the Federal Reserve Bank's “Federal Open Market Committee” (FOMC) announced it would create an additional $600 billion in currency over...

TARP Bailout Payback: “Drop in the Bucket”

Charles Scaliger October 28, 2010

Over the recent clamor of approval for the outcome of the Troubled Asset Relief Program (TARP), which Beltway insiders are proclaiming a success...

Behind the Mortgage Foreclosure Crisis

Charles Scaliger October 27, 2010

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

Bob Adelmann October 26, 2010

Now that the Chevy Volt, General Motors’ electric car, is about to arrive in selected dealers’ showrooms around the country, it has been...

When Unemployment Pays Better Than Employment

Michael Tennant October 25, 2010

Back in June, Republican Senate candidates Sharron Angle of Nevada and Rand Paul of Kentucky endured criticism from the mainstream media for their...

Handicapped Passenger Told: “Too Disabled to Fly”

Raven Clabough October 19, 2010

October 15, US Airways asked one of its passengers flying from West Palm Beach to Kansas City to exit the airplane. Johnnie Tuitel,...

Gold and Commodities Soar With Fed Inflation News

Thomas R. Eddlem October 14, 2010

Commodities markets have soared on news of a global currency inflationary war by central banks around the world, with gold prices climbing to...

No Social Security COLA Next Year

Thomas R. Eddlem October 11, 2010

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,...