Global Tax on Air Travel Proposed
At a United Nations climate meeting in Bonn, Germany, world leaders proposed a levy on long-haul air travel as a way to raise...
Economics
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Obama Claims Recovery Plan will Create 600,000 Jobs
By some estimates, the U.S. has lost 6 million jobs during the current economic...
Dumping the Dollar for Global Currency
Will the Obama spend-a-rama finish off the dollar as the world's reserve currency? It...
Obama, Healthcare Industry Promise $2 Trillion Savings
President Barack Obama, speaking from the White House's State Dining Room on May 11,...
Unemployment Smoke and Mirrors
You know the economy is in the tank when officials hail the loss of...
Obama’s Budget: Waste and Giveaways
President Barack Obama revealed new details in his fiscal 2010 budget on May 7,...
Stop Inflation: Participate in “End the Fed”!
The hundreds of thousands of Americans who attended Tax Day Tea Parties on April...
Obama to Strengthen NAFTA Without New Negotiations
Speaking on April 20 in a conference call with reporters after returning from the...
The Tax Day Tea Parties
On April 15, the deadline for U.S. taxpayers to mail their income tax returns,...
Creating “Wealth”: The Fed Shows No Reserve
When the Federal Reserve announced on March 19 its latest offensive against the financial...
Obama’s Disastrous Deficits
According to a new report released by the Congressional Budget Office (CBO), the deficits...
From Riches to Rags: Inflation & Poverty in Zimbabwe
Economists have long used 1920s Germany as the classic example of what can happen...
Deficits vs. Stock Market Rally
H. Ross Perot used to talk about a “giant sucking sound” in the economy...
Shock & Awe Economics
With the passage of the $787 billion Obama-Democratic Congress stimulus bill, the die has...
Newsweek: “We Are All Socialists Now.”
Newsweek magazine published the following headline on the cover of its February 16 issue:...
T-Bills Gone Wild: A Crash in Progress?
The credit rating of the U.S. government is falling fast. Treasury debt mechanisms have...
This Year: $2 Trillion Budget Deficit?
“Easily in fiscal year 2009 it’s not out of the realm of possibility to...
Obama: Capitalist “Risk-Taking” Created Recession
President Barack Obama blamed the current economic recession on “a binge of risk taking”...
Obama Budget Needs Trimming With an Axe
Barack Obama appointed Nancy Killefer as his "chief performance officer." It will be her...
Socialism’s Success
Socialism, once abhorrent to most Americans, is increasingly being embraced by them. But is...