Money for Nothing, and Blue Chips for Free
On December 16th, the Federal Reserve announced a record-setting cut in interest rates, targeting the federal funds rate at zero to a quarter...
Economic Commentary
Automakers Plea for Bailout
After Congress approved a so-called "rescue plan" for the financial industry during early October,...
Do Trillion Dollar Deficits Matter?
Vice President Dick Cheney infamously informed former Treasury Secretary Paul O'Neill in 2002: "Paul,...
Piling Bailouts Upon Bailouts
ITEM: The New York Times for October 31 reported: "As the Treasury Department prepares...
Looking Beyond the Global Economic Summit
The much-ballyhooed international economic summit in Washington is over, and, according to news reports,...
Peter Schiff Was (and Is) Correct on Economy
For years, the so-called economic experts — Ivy League economists, Federal Reserve chairmen, Treasury...
The Bailout and the Constitution
The $700 billion bank bailout plan will use taxpayer money to purchase troubled assets....
Obama Would Worsen the Financial Mess
If the language in his first post-election press conference is any indication, Senator Barack...
Upcoming Financial Summit About Global Governance
Lost in all the Obama furor, the world's leading economic powers — the so-called...
That’s “Comrade Bush” According to Chavez
If Hugo Chavez, the Marxist president of Venezuela, has his way, the legacy of...
Greenspan Wrongly Faults Free Market for Crisis
In testimony that surprised many observers, former Federal Reserve Chairman Alan Greenspan professed a...
Global Financial Summit Announced
The Bush administration announced today that the first of what will be a series...
Global Financial Regulatory Body on the Way?
With the European Union leading the way, the internationalists are preparing to exploit the...