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...
Economy
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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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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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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“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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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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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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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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Real Unemployment Still in 17 Percent Range
According to the U.S. Labor Department, the economy added 162,000 jobs in March, the most since the beginning of the worst recession since...
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Fed Ends MBS Intervention
The Federal Reserve ended its largest intervention in the housing market on April 1, ceasing its purchase of Mortgage-Backed Securities (MBS) that began...
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Geithner: Jobless Rate to Stay “Unacceptably High”
Voice of America on April 1 quoted U.S. Treasury Secretary Timothy Geithner’s statement that the U.S. jobless rate will be "unacceptably high" for...
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Housing: Washington Only Delaying Inevitable
Friday’s announcement of more intervention in the housing mortgage market will result in a deeper, longer, and more painful delay in the inevitable...
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