Fed Ordered to Release Documents, Fights back
A federal court ordered the secretive Federal Reserve (Fed) to hand over documents about its “emergency” lending programs Monday under a Freedom of...
Economics
Bernanke Renominated as Fed Chairman
President Barack Obama on August 25 renominated current Federal Reserve Chairman Ben Bernanke to...
William White of the Bank of International Settlements Predicted the Economic Crisis
Who is William White? The name is bound to be less familiar than that...
Bernanke Redefines Inflation for House Financial Services Committee
The House Financial Services Committee witnessed a classic confrontation July 21 where the redefinition...
Economic Predictions: Ben Bernanke v. Peter Schiff
Our politicians in Washington (especially the Obama administration) are following the economic policies of...
California’s Budget Stalls, Bond Ratings Sink
On July 14 California's bond ratings, already the lowest in the nation, took another...
CPI for June Jumps to 8 Percent Annual Rate
“Consumer prices shot up in June by the largest amount in 11 months,” the...
Von Mises Institute: Fed Is Underreporting Inflation
The Ludwig von Mises Institute’s Howard S. Katz has revealed that the Federal Reserve...
Obama Advisor Tyson Calls for “Stimulus” Spending Bill
Just days after Vice President Joe Biden told George Stephanopoulos that it was “premature”...
Obama Needs to Learn “Opportunity Cost”
President Barack Obama was recently called upon to defend his track record of predictions...
Obama Under-reports Interest on National Debt
The Congressional Budget Office (CBO) informed Rep. Paul Ryan, ranking Republican member of the...
Summers Speaks at CFR on Economic Policy
President Barack Obama’s director of the National Economic Council, Larry Summers, spoke at the...
Global Tax on Air Travel Proposed
At a United Nations climate meeting in Bonn, Germany, world leaders proposed a levy...
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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...