Ohio Valley Residents Band Together to Overcome Economic Woes
With the nation still deeply in debt and Americans struggling to make ends meet, residents in an Ohio valley are proving to the...
Economy
Gadhafi’s Gold-money Plan Would Have Devastated Dollar
It remains unclear exactly why or how the Gadhafi regime went from “a model” and an “important ally” to the next target for...
Read more
The October Jobs Report: Precious Little Good News
There was precious little good news in the latest employment report from the Bureau of Labor Statistics (BLS) for October. Employment rose by...
Read more
Big Banks Shift Their Derivatives Exposure Onto U.S. Taxpayers
When Bank of America announced that it was moving its derivatives-laden portfolio at its subsidiary Merrill Lynch over to its bank holding company,...
Read more
Citigroup Settles With SEC Over Fraud Allegations
Citigroup has agreed to pay $285 million to settle civil fraud charges that it misled buyers of complex mortgage investments just as the...
Read more
Another U.S. Credit Rating Downgrade Expected
Back in August, when Standard & Poor's downgraded the U.S. credit rating for the first time in history, from AAA to AA+, the...
Read more
What Budget Cuts?
With all the talk of budget cuts in Washington, the average American could be forgiven for thinking that federal spending is, in fact,...
Read more
Unemployment Rate Unchanged, 103K Jobs Added
The U.S. economy added 103,000 new jobs in September with the unemployment rate holding steady at 9.1 percent, the U.S. Bureau of Labor...
Read more
Bernanke’s Economic Cure: More Deficit Spending, Re-Inflate Housing Bubble
Federal Reserve Open Market Committee Chairman Ben Bernanke's told the congressional Joint Economic Committee of Congress October 4 that he has the remedy...
Read more
Internet News Hits New Height of Popularity
For the so-called “old media,” it was the best of times, it was the worst of times. Last week the Pew Research Center...
Read more
Home Sales Drop to Two-Year Low
Americans have invested in homes in many ways for a long time. During the frontier days of the West, families would homestead property...
Read more
Obama’s Automobile Standards Could Drive Industry Over a Cliff
The Obama administration is proposing new automobile regulations, including a doubling of fuel economy requirements, that will make cars more expensive and less...
Read more
How Will Fed’s Bailout of European Banks Impact Gold & European Markets?
Even as the dollar is crashing and inflation in the United States is rampant, Federal Reserve officials have announced plans to flow dollars...
Read more
Federal Reserve to Bail Out European Banks (Again!)
To the list of mega-corporations bailed out by the U.S. government, we now must add — Europe. In an announcement that rocked financial...
Read more
Obama’s “Green Economy” Debacle
With the United States’ official poverty rate now at a seventeen year high of 15.1 percent — and an actual poverty level that...
Read more