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
Obama Claims Recovery Plan will Create 600,000 Jobs
By some estimates, the U.S. has lost 6 million jobs during the current economic recession began in December 2007. Now, President Obama is...
Read moreDumping the Dollar for Global Currency
Will the Obama spend-a-rama finish off the dollar as the world's reserve currency? It well may, and sooner than most people think. Any...
Read moreObama, Healthcare Industry Promise $2 Trillion Savings
President Barack Obama, speaking from the White House's State Dining Room on May 11, hailed the healthcare industry's promise to cut $2 trillion...
Read moreUnemployment Smoke and Mirrors
You know the economy is in the tank when officials hail the loss of 539,000 non-farm jobs in the U.S. economy during the...
Read moreObama’s Budget: Waste and Giveaways
President Barack Obama revealed new details in his fiscal 2010 budget on May 7, with a statement saying: “We can no longer afford...
Read moreStop Inflation: Participate in “End the Fed”!
The hundreds of thousands of Americans who attended Tax Day Tea Parties on April 15 may now be asking themselves, "What's next?" After...
Read moreObama to Strengthen NAFTA Without New Negotiations
Speaking on April 20 in a conference call with reporters after returning from the Summit of the Americas, U.S. Trade Representative Ronald Kirk...
Read moreThe Tax Day Tea Parties
On April 15, the deadline for U.S. taxpayers to mail their income tax returns, hundreds of thousands of Americans from coast to coast...
Read moreCreating “Wealth”: The Fed Shows No Reserve
When the Federal Reserve announced on March 19 its latest offensive against the financial crisis — to purchase more than $1 trillion in...
Read moreObama’s Disastrous Deficits
According to a new report released by the Congressional Budget Office (CBO), the deficits to be generated over the next 10 years by...
Read moreFrom Riches to Rags: Inflation & Poverty in Zimbabwe
Economists have long used 1920s Germany as the classic example of what can happen to a nation when monetary inflation gets out of...
Read moreDeficits vs. Stock Market Rally
H. Ross Perot used to talk about a “giant sucking sound” in the economy more than a decade ago. Back then, he talked...
Read moreShock & Awe Economics
With the passage of the $787 billion Obama-Democratic Congress stimulus bill, the die has been cast for America's economic future. This, the largest...
Read moreNewsweek: “We Are All Socialists Now.”
Newsweek magazine published the following headline on the cover of its February 16 issue: “We Are All Socialists Now: The Perils and Promise...
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