States Propose Fees on Hybrids to Cover Gas Tax Losses
A number of states are exploring new fees for hybrid and electric car owners in order to compensate for the loss of revenue in gas taxes on fuel-efficient vehicles. The proposal...
Economics
Obama Picks Jason Furman as Top Economic Advisor
President Obama will announce the appointment of Dr. Jason Furman to chair the White House's Council of Economic Advisers (CEA) Monday afternoon, according to a White House statement. Furman has a Ph.D....
World Bank Insider Blows Whistle on Corruption, Federal Reserve
A former insider at the World Bank, ex-Senior Counsel Karen Hudes, says the global financial system is dominated by a small group of corrupt, power-hungry figures centered around the privately owned...
If This Is the End of “Austerity,” When Did Austerity Begin?
Keynesian economist Paul Krugman crowed in the June 6 edition of the New York Review of Books that “the case for austerity has crumbled,” but careful analysts should be cautioning “real...
Outcry After GOP Arizona Gov. Brewer Vetoes Gold and Silver Bill
Despite overwhelming support among lawmakers and activists, Republican Gov. Jan Brewer vetoed legislation that would have made Arizona the second state to officially define gold and silver as legal tender. The...
New Poll Shows Small-business Owners Favor Raising Minimum Wage?
A closer look at a surprising poll showing a majority of small-business owners favoring raising the minimum wage reveals an organization with an agenda. ...
Digital Bitcoin Gains Prominence as Alternative to Fiat Currency
The non-government-backed digital currency known as bitcoin (BTC) has soared to prominence in recent weeks after a meteoric rise in value from less than $50 to over $250 in just days...
Arizona Legislature Approves Gold and Silver as Money
As trust in the Federal Reserve System and its fiat dollar continues to plummet worldwide, legislation making gold and silver into legal tender was given final approval by Arizona lawmakers on...
Arizona Lawmakers Advance Bill Making Gold and Silver Legal Tender
Concerned about the out-of-control Federal Reserve System and the increasingly unstable fiat dollar managed by the privately owned central bank, lawmakers in Arizona are following in Utah’s footsteps to come up...
Tax Credit or Income Transfer?
It is a good thing when taxes are reduced. But when refundable tax credits provide taxpayers with more money than they paid in, that’s a subsidy, not a tax cut. ...
Taxes: Soaking the Rich Hurts Rich and Poor Alike
Time and again, when taxes have been raised on the rich, the poor suffered the greatest detriment. And when taxes were lowered, the poor saw most of the benefit. ...
Putin’s KGB/FSB Converging with New IMF Banking FSB
Russia's presidency of the G20 is coinciding with some very disturbing plans to implement Soviet-style controls over the global economy ...
It’s Baaack! Obama’s Minimum Wage Folly
When President Obama announced a proposed hike in the federal minimum wage rate in his State of the Union address last week, the reaction was swift. House Speaker John Boehner spoke...
Killing the Dollar: G20 & IMF Push for Global Fed, Global Currency
Unmentioned in media reports of the recently concluded G20 summit of finance ministers in Moscow is the fact that the meeting advanced the globalist program to destroy the dollar and transform...
Fiscal Debt: Charging Ahead
Congressional fiscal debates are making headlines, but in reality our representatives are unlikely to substantially cut spending — despite the harsh consequences of failing to do so. ...