FTC Probes Google in Fishing Expedition
Google announced on its blog on June 24th that the Federal Trade Commission had launched “a review of our business. We respect the FTC’s process and will be working with them...
Economic Commentary
Rand Paul Works to Protect State Gold Money From Taxation
Constitutionally minded members of Congress Senator Jim DeMint of South Carolina, Senator Rand Paul of Kentucky, and Representative Mike Lee of Utah have introduced federal legislation that would exempt gold and...
IMF Wants US Debt Ceiling Raised Immediately
The June 20th report of the International Monetary Fund (IMF) to the United States strongly recommended that the debt ceiling be raised because “if the debt ceiling is not raised soon…[it]...
The Fed’s Projections Are Too Rosy, Again
The economic projections released by the Federal Reserve on Wednesday estimated that in less than two years the unemployment rate would be down to 7 to 7 ½ percent, with the...
U.S. Leaders Seek Immigrant “Savants” to Jumpstart American Economy
Michigan’s Republican Gov. Rick Snyder (left), a former computer executive/entrepreneur, now in his first elective office, has seized upon an idea he believes will dig the state out of its unemployment...
McKinsey Report: Unemployment to Stay High for Ten Years
Even under the “high-job-growth” scenario offered by the McKinsey Global Institute (MGI), it will take ten years for the U.S. economy to generate the 21 million new jobs necessary to rehire...
Scientific Evidence Proves Capitalist Ideas May be Innate
Americans have indicated avid opposition to property rights violations throughout the course of U.S. history, whether those violations take the form of taxation, eminent domain, or “open space” laws. According to...
High Unemployment and Black America
The economy remains the biggest political issue today. In many respects, it is always the most important issue for African Americans. Polling data suggests that on socially conservative issues, African Americans...
Default Lies Not in Our Stars but in Ourselves
With the European economy in shambles from a seemingly intractable sovereign debt crisis and the United States technically out of money to fund its own bloated government, talk of sovereign default...
Bernanke: No Economic Recovery Yet; Diesel Index Confirms It
In what could be one of the understatements of 2011, Fed Chairman Ben Bernanke, speaking at the International Monetary Conference in Atlanta on Tuesday, remarked, “U.S. economic growth so far this...
Real Conservatives Oppose NAFTA
One of the most important, but widely unknown bills currently proposed in Congress is legislation that would end American participation in the North American Free Trade Agreement (NAFTA). The bill, H.R....
In the Founders’ Corner A Balanced Budget Amendment?
Do we need a “Balanced Budget” Amendment? NO! A constitutionally sound, informed electorate could quickly bring about the conditions that would allow the nation to balance the federal budget and end...
Utah Man Cited After Paying Disputed Medical BIll With 2,500 Pennies
When Jason West of Vernal, Utah, tried to pay his disputed medical bill last week with 2,500 pennies, he was issued a citation for disorderly conduct. The reason for...
Can Greece Sell Itself Out of Debt?
The calamitous economic plight of the so-called “PIGS” nations of the European Union (Portugal, Ireland, Greece, and Spain) is well known to the world. Greece is in the spotlight this week,...
The Federal Reserve Kids Page
In 2006 the Federal Reserve decided it was time to begin to reach out and influence middle schoolers with the party line about the Fed, and launched the Federal Reserve Kids...