House Responds to Public Pressure, Defeats Bailout Bill
In a stunning defeat to the financial powers that be, the U.S. House of Representatives rejected the proposed $700 billion dollar bailout bill...
Economy
Bush, Paulson, Bernanke Not Trustworthy on Economy
These days President Bush and the managers of our monetary policy sound like prophets of doom when they talk about the economy. "The...
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WaMu Bank Failure Is Largest in U.S. History
The Federal Deposit Insurance Corp. seized Washington Mutual Inc. (also known as WaMu bank) on September 25, and then brokered an emergency sale...
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Call Ron Paul Correct About the Economy
A year ago, Congressman Ron Paul was just beginning to turn heads on the national electoral stage, owing to his presidential campaign's unexpected...
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Government Bailout
The government bailout of Fannie Mae and Freddie Mac will continue the downward spiral of the dollar, begetting a new downward cycle for...
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Fed Takes Over AIG
As the deepening financial crisis worsened yesterday, the Federal Reserve sought socialism as a cure and gobbled up another formerly private entity, the...
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AIG, the Fed, and Accelerating Socialism
America's headlong rush into full-blown socialism accelerated Tuesday with the Federal Reserve's takeover of American International Group, Inc. (AIG), one of the world's...
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Lehman Brothers Holdings Files for Bankruptcy
On Monday, September 15, Lehman Brothers Holdings, Inc., long a cornerstone of the Wall Street banking establishment, filed for Chapter 11 protection with...
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At 100, What Next For General Motors?
For decades, the health of General Motors has been equated, rhetorically at least, with the health of the U.S. economy. In the early...
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Bias in Media Coverage
In June 2000 global-warming prophesier Ross Gelbspan lamented, “Over the last seven years, the fossil-fuel lobby has mounted an extremely effective campaign of...
Read moreTop Iranian’s Explanation for High Oil Prices
If even a stopped clock can tell the right time twice a day, Iranian President Mahmoud Ahmadinejad, the leader of the world’s fourth-largest...
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Global Food Prices on the Rise
The recent precipitous climb in global food prices is nothing less than “mass murder,” according to UN food envoy Jean Ziegler. In a...
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Will Independent Truckers Survive the Cost of Diesel?
Think you’ve got it tough? Spending up to $80 bucks to fill your tank with gasoline? ...
Read moreTrading Away Jobs and Liberty
Though billed as a boon to the United States, the General Agreement on Trade in Services will, in reality, wreak havoc on our...
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W. Herbert Hunt on the Great Silver Swindle
The following testimony given by W. Herbert Hunt was presented on May 2, 1980 before a House subcommittee probing the rise and fall...
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