Obama, 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...
Economics
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”...