Financial Reform Bill on Brink of Passage
The final version of the financial reform bill that has become a central component of President Obama’s New Deal-esque program to enormously enlarge...
Economic Commentary
Foreclosures Hit Rich and Poor
The rich as well as the poor are losing their homes to foreclosures. That...
Unskilled Workers and Public Education
The New York Times reports that many factories are ready to hire workers, but...
Congress Considers Extending Unemployment Benefits — Again
One ironclad rule of government programs is “if you subsidize something, you will get...
Headed for Recovery … or the “Cliff-edge Around the Corner”?
After a meeting with his economic team and Federal Reserve Chairman Ben Bernanke on...
Jobs: Too Many Riding, Too Few Pulling
The one thing that economists seem to agree on is that any economic recovery...
Poll Shows Americans More Concerned About Jobs Than Oil Spill
The results of a Gallup poll taken from June 11 through 13 and released...
National Debt at Tipping Point?
The Wall Street Journal took another look at the $13 trillion national debt written...
Jobs? What Jobs?
When CNBC announced that the number of workers filing new claims for unemployment benefits...
Time to Audit the Fed
The timing of the sellout by Senator Bernie Sanders (I-Vt.) could not have been...
Paving the Way for Future Bailouts
Item: The April 22 Washington Post reported that President Obama was making an “assertive...
Shock and Awe, Obama-Style
“Shock and awe” is how the Pentagon described the opening stages of the 2003...
Auditing the Fed: the Great Sellout
Congressman Ron Paul (R-Texas) and Senator Bernie Sanders (I-Vt.) had long worked together on...
Is Obama’s Bank Tax a Prelude to a Global Tax?
The Obama administration is calling its proposed $90 billion bank tax the Financial Crisis...
Most Americans Are Clueless About Economics and Markets
Quick: What’s a “derivative”? The difference between a “custodial account” and a “trust”? “Listed”...
Biden Predicts Job Growth — but Where’s the Evidence?
Vice President Joe Biden predicted job growth of 250,000 to 500,000 jobs a month...
Bet ‘Short’ on Government Credibility
Goldman Sachs Group, Inc. executive director Fabrice Tourre probably didn't help his company's public...
Ron Paul: Obama Is Another Corporatist, Not a Socialist
The idea that President Barack Obama is a socialist is popular among many conservatives;...
Stimulus Spawns More Debt and Govt Jobs
Item: An Associated Press story dated February 17 reported: “Vice President Joe Biden asserted...
Latest Unemployment Numbers: Shoveling Snow?
When the Bureau of Labor Statistics announced last Friday that the economy lost only 36,000...