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Financial Reform Bill in a Nutshell
The Senate Thursday night passed its long-awaited financial reform bill, another critical plank in President Obama’s New Deal-esque agenda to bring the private...
Economy
Dow Theory’s Russell Says Major Crash Coming
The day after the “flash crash” in the stock market on May 6th, Richard Russell, the octogenarian author of the Dow Theory Letters,...
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The Breakup of Ma Bell
Ten years into the 20th century, the United States citizenry were still enjoying the afterglow of a remarkable generation of economic growth, innovation,...
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Finance Reform
With a congressional battle brewing over what is being touted as the biggest attempt at financial regulatory reform since the Great Depression, most...
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Jobs Up, Unemployment Rate Up
The Labor Department’s Bureau of Labor Statistics announced good and bad economic news on May 7: The economy added 290,000 jobs in April...
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Senate Financial Reform Bill: More Bailouts & Fed Power
Senate Democrats beat back a Republican alternative amendment to Connecticut Democrat Christopher Dodd's Restoring American Financial Stability Act of 2010 (S. 3217) and...
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Manipulation of Precious-metals Market Under Fire
The banking cartel’s manipulation of supposedly “free” markets is coming under increasing fire as a broad coalition of activists, legislators, and non-profit groups...
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CEI Files Complaint Against Deceptive GM Ad
The Competitive Enterprise Institute filed a complaint with the Federal Trade Commission on May 4, saying that General Motors is misleadingly claiming in...
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Newspaper Circulation Continues Decline
Newspapers are dying. That is the message from the latest Audit Bureau of Circulations, an independent firm that checks the average circulation of...
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Finance ‘Regulatory Reform’ Would Extend to Main Street
"Congress is to be applauded for tackling financial regulatory reform," wrote U.S. Chamber of Commerce president Thomas J. Donahue in an op-ed piece...
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Global Bank Tax Will Be Subject of June G-20 Summit
The International Monetary Fund proposed a draft of two global taxes — a bank tax, and a “FAT” tax against what politicians deem...
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“Orderly Liquidation” Awaits Financial Firms
Some of the opponents of the recently enacted health care legislation may have been premature with their warnings about "death panels." A death...
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Making a Disaster National: Massachusetts’ Romney-care v. Obama-care
With all the alarm by Republicans on the “right” over Obama-care, Americans should take a closer look at Massachusetts' health care legislation. The...
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Govt Turns on Goldman Sachs, One of Its Kept Financials
The Securities and Exchange Commission filed a lawsuit April 16 against New York-based investment bank Goldman Sachs. The SEC alleges that Goldman committed...
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Strategic Defaults: Morality vs. Reality
According to RealtyTrac, nearly 3 million foreclosures were filed in 2009. And with almost 10 percent of all mortgages now delinquent nationally, those...
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