Unemployment Rate Rises to 9.8%
As extended unemployment benefits for two million Americans began to run out this week, the economic news from Washington remains bleak. According to...
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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...
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Cotton Prices Expected to Soar
Last year, conservative pundit Glenn Beck warned his viewers to stock up on clothing for their kids, as he predicted that the price...
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Federal Salaries Rise Fast Under Bush, Even Faster Under Obama
While average Americans have seen their wages and benefits stagnate, decrease, or even vanish altogether in recent years, federal workers have been doing...
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TARP Bailout Payback: “Drop in the Bucket”
Over the recent clamor of approval for the outcome of the Troubled Asset Relief Program (TARP), which Beltway insiders are proclaiming a success...
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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....
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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...
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When 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...
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Handicapped 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,...
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Gold 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...
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No 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,...
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Bank 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....
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Washington 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...
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Gold 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...
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Debate 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...
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