Swine Flu Outbreak May Be Overblown
While it is still too early to claim that the swine flu outbreak is being overblown, events are beginning to suggest that may prove to be the case. As of Wednesday,...
While it is still too early to claim that the swine flu outbreak is being overblown, events are beginning to suggest that may prove to be the case. As of Wednesday,...
Despite rosy earnings reports from some closely watched corporations, the Great Recession is far from over, according to the latest economic data from the Commerce Department. America’s GDP, which shrank at...
Next up for the federal government: the credit card industry. Having already thrown trillions in taxpayer dollars at the banking sector, and having moved to nationalize several of the nation’s largest...
Amid the hand-wringing surrounding the 10th anniversary of the Columbine High School massacre in Littleton, Colorado, Time magazine has now weighed in on the allegedly deplorable fact that, in 2009, guns...
The Obama administration is still thinking bank nationalization. In the latest twist to the saga of troubled American megabanks, the New York Times reported on April 19 that administration officials are...
Tax day 2009 has come and gone, and with it the spate of “Tea Parties” held in hundreds of towns and cities nationwide that attracted withering attention from the reliably pro-big-government...
Gun control is off the agenda for now, according to Newsweek. Although the Obama administration is packed with anti-gun stalwarts, from White House Chief of Staff Rahm Emanuel and Attorney General...
Ever anxious to create controversy, Newsweek, in its April 13 cover story, has proclaimed “the decline and fall of Christian America.” The number of Americans who consider themselves Christians has fallen...
The Securities and Exchange Commission (SEC) made public on April 8 several alternative plans under consideration for regulating the activities of short sellers. Short selling, the inverse of purchasing stock shares...
The Obama administration is now in the business of subsidizing the auto parts industry. In yet another slug of taxpayer money intended to prevent the collapse of GM and Chrysler, the...
It’s official: the Obama administration intends to nationalize the entire financial sector. If there were any lingering doubts as to the intentions of President Barack Obama and Treasury Secretary Timothy Geithner,...
China is calling for a new global reserve currency to replace the dollar. According to an AP report, the governor of China’s central bank, Zhou Xiaochuan, wrote in an essay on...
The Obama administration’s long-awaited proposal to remove so-called “toxic” mortgage-backed assets from U.S. banks has finally been unveiled, to huzzahs across the globe. Stocks from Tokyo to New York rallied as...
A United Nations panel is about to recommend that the world abandon the dollar as the world’s reserve currency, according to a Reuters report. Next week, the UN will propose that...
If there were any lingering doubts as to where the Federal Reserve’s expansive monetary policies are leading, they were dispelled by yesterday’s shocking announcement that the Fed intends to purchase more...