Upcoming Financial Summit About Global Governance
Lost in all the Obama furor, the world's leading economic powers — the so-called G-20 nations — are quietly laying plans for a...
Economic Commentary
That’s “Comrade Bush” According to Chavez
If Hugo Chavez, the Marxist president of Venezuela, has his way, the legacy of President George W. Bush will be that he brought...
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The Panic of 2008
Thanks to Congress, the American taxpayer has been stuck with the bill for the bailout plan — but that is only the beginning....
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Greenspan Wrongly Faults Free Market for Crisis
In testimony that surprised many observers, former Federal Reserve Chairman Alan Greenspan professed a "state of shocked disbelief" over the unfolding global financial...
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Global Financial Summit Announced
The Bush administration announced today that the first of what will be a series of global financial summits will be held in Washington,...
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The Flat Tax Is Not Flat
The ideas of Karl Marx are alive and well — in the U.S. tax code. One of the planks of the Communist Manifesto,...
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Global Financial Regulatory Body on the Way?
With the European Union leading the way, the internationalists are preparing to exploit the recent global financial turmoil to hold a "second Bretton...
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Like Barack Obama, John McCain Is a Socialist
When Sen. John McCain was campaigning in Waukesha, Wisconsin, on October 9, a supporter told him "I'm really mad" because of "socialists taking...
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New International Financial System in the Offing?
In response to the ongoing financial crisis, world leaders are planning "a new Bretton Woods," according to Italian Prime Minister Silvio Berlusconi. According...
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Bailing Out Scam Artists (aka Fannie and Freddie)
ITEM: The New York Times for September 9 editorialized: "As an act of crisis management, the government takeover of Fannie Mae and Freddie...
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The Tragedy of the Commons
Perhaps Karl Marx best described life on the commons: “From each according to his ability, to each according to his need.” That’s a...
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Deficit Grows Ever Larger
On July 28, White House Budget Director Jim Nussle announced that the expected deficit for Fiscal Year 2009 (it begins October 1, 2008)...
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Laying Down Blame for Our Economic Troubles
After President George W. Bush asked guests at a Republican fundraiser to turn off their cameras — which at least one person failed...
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Counting the Cost of War With Iran
Will we be seeing $10-$12/gallon gasoline and a lot more body bags before the end of the year? That depends on the answers...
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Superhighway Fight Not Over Yet
It was a full year ago when the New York Times carried a small 220-word article claiming that rumors about construction of a...
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