Japan & China: Following Obama’s Lead on Spending?
Chinese Premier Wen Jiabao’s remark that he was “worried” about the $1 trillion in U.S. debt he was holding caused such a chill down the spine of world financial...
About: Thomas R. Eddlem
Posts by Thomas R. Eddlem
Will the Stewart/Cramer Battle Be the Death of CNBC?
Comedy Central’s Jon Stewart has struck again, this time perhaps landing a mortal blow on the ratings-troubled NBC financial cable network, CNBC. The Daily Show host has carried on...
Obama’s Budget: Where’s the Peace Dividend?
Candidate Barack Obama pledged to get the United States out of Iraq, one of the two costly wars of occupation in which the United States is currently engaged. His...
Deficits vs. Stock Market Rally
H. Ross Perot used to talk about a “giant sucking sound” in the economy more than a decade ago. Back then, he talked about the North American Free Trade...
Supreme Court Almost Vindicates Trial Rights
The U.S. Supreme Court almost vindicated the trial rights of persons seized within the territorial United States by vacating an appellate court judgment in the case of al-Marri v....
Obama Budget Grossly Understates Deficits
President Barack Obama’s fiscal 2010 budget proposal, which carries the title "A New Era of Responsibility," actually calls for a new era of irresponsibility when it comes to adding...
What the Shrinking GDP Means
The U.S. economy shrank at an annualized rate of 6.2 percent in the final quarter of 2008, almost double the 3.8 percent contraction in Gross Domestic Product (GDP) estimated...
Barack’s Budget Baloney
President Barack Obama’s fiscal 2010 budget proposal owned up to a $1.75 trillion annual deficit for fiscal 2009 (the fiscal year began last October), but considering the President's overly...
Economic Falsehoods in Obama’s Address to Congress
President Obama made a number of false statements in his February 24 address to a joint session of Congress, specifically with regard to the economy and how the recession...
Obama Outlined Economic Fascism to Congress
President Barack Obama outlined a financial plan in his February 24 address to Congress that meshes eerily with the fascist economic plan Benito Mussolini enacted after his ascent to...
The Pentagon’s Detainee Torture Whitewash
The Pentagon has released a report claiming treatment of detainees at the Guantanamo Bay prison is now largely in accord with the Geneva Conventions, according to the Washington Post...
Holder: Race Agitate or You’re a “Coward”
U.S. Attorney General Eric Holder says that Americans are not part of the “land of the free and the home of the brave” but instead a “nation of cowards”...
Obama’s Broken Promises at One Month
Recently, Americans have elected a string of lying presidents. First, there was George Bush the elder, who said "Read my lips, no new taxes,” and then signed tax increases...
Could Bush Be Prosecuted?
Two recently published books address the possibility of prosecuting George W. Bush and top Bush administration officials for crimes committed while in office. ...
Justice Department’s Torture Inquiry
Attorney General Eric Holder’s office has nearly completed a report that excoriates the three senior Bush administration officials who gave a pseudo-legal imprimatur to torture detainees, according to the...