Markets
Bernanke Promises “Exit Strategy” From Inflation
Federal Reserve Chairman Ben Bernanke is on a public relations offensive to persuade Americans that he has the economy well in hand, and...
Obama’s Car Czar Linked to Bribery Scandal
President Obama’s Auto Task Force Chairman Steven Rattner resigned suddenly earlier this week after reports that the New York Attorney General’s office was...
Read moreDriving Us to Destruction
Item: Writing in the online Newsweek for June 2, Daniel Gross observed: “It’s been a long time since American devotees of Marx …...
Read more473,000 Jobs Lost in June
The ADP National Employment Report estimated that the national economy shed some 473,000 jobs in June, which may be enough to bring the...
Read more“Cap and trade” Tax Fight Expected in Senate
"Today's razor-thin vote in the House spells doom in the Senate," Sen. James Inhofe (R-Okla.) predicted to the Associated Press of the American...
Read moreFord Takes 5.9 Billion Government Loan
Ford Motor Company was supposed to be the only major U.S. automaker not in need of a bailout, but this week Ford accepted...
Read moreObama’s Energy Plan
Many factors have enabled the United States to become the wealthiest nation on Earth: limited government, secure property rights, a free-market capitalist economic...
Read moreGM’s Bankruptcy
Monday, June 1, was the end of an era for the American automotive industry. As nearly everyone not living in the jungles of...
Read moreIs U.S. Chamber of Commerce Anti-Business?
“Is Barack Obama More Pro-Business Than Ron Paul?” led the headline on the popular blog at LewRockwell.com. “Yes,” Rockwell sarcastically answered his own...
Read moreSEC to Target Short Sellers
The Securities and Exchange Commission (SEC) made public on April 8 several alternative plans under consideration for regulating the activities of short sellers....
Read moreJapan & China: Following Obama’s Lead on Spending?
Chinese Premier Wen Jiabao’s remark that he was “worried” about the $1 trillion in U.S. debt he was holding caused such a chill...
Read moreDown Goes the Dow
Down, down, down goes the Dow (and all the other stock indexes), and how much further the markets are likely to fall before...
Read moreObama: Buying a Second Term?
On Tuesday, February 18, President Barack Obama achieved one of his first major goals in office by making his $787 billion stimulus plan...
Read moreMadoff’s Ponzi Scheme Victimizes ACLU, Others
In a December 23 communication sent to the American Civil Liberties Union's benefactors, administration and finance director Alma Montclair reported that the organization...
Read moreBailout Bill Did Not Stop Stock-market Slide
The enactment of the now-notorious $700 billion bailout package did not stop the downward slide of the stock market, as its proponents had...
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