Nationalization of Banks Begins
In what is unabashedly being called a "partial nationalization" of the U.S. banking industry, the Bush administration announced Tuesday morning that the federal...
Economy
GM May Face Bankruptcy
Triple-digit losses on the Dow are becoming a commonplace, but there are now ominous...
“Bailout” Really About Nationalizing U.S. Financial Sector
As the financial crisis continues, the Bush administration, led by Treasury Secretary Henry Paulson,...
Power Brokers 1, Constituents 0 on Bailout
"Madame Speaker, only in Washington could a bill demonstrably worse than its predecessor be...
Fed to Buy Commercial Paper
Following a roller coaster day on Wall Street that saw the Dow close under...
McCain & Obama Vs. Ron Paul on Bailout
Two days after the House rejected the mammoth $700 billion bailout bill, the Senate...
House Responds to Public Pressure, Defeats Bailout Bill
In a stunning defeat to the financial powers that be, the U.S. House of...
Bush, Paulson, Bernanke Not Trustworthy on Economy
These days President Bush and the managers of our monetary policy sound like prophets...
WaMu Bank Failure Is Largest in U.S. History
The Federal Deposit Insurance Corp. seized Washington Mutual Inc. (also known as WaMu bank)...
Call Ron Paul Correct About the Economy
A year ago, Congressman Ron Paul was just beginning to turn heads on the...
Government Bailout
The government bailout of Fannie Mae and Freddie Mac will continue the downward spiral...
Fed Takes Over AIG
As the deepening financial crisis worsened yesterday, the Federal Reserve sought socialism as a...
AIG, the Fed, and Accelerating Socialism
America's headlong rush into full-blown socialism accelerated Tuesday with the Federal Reserve's takeover of...
Lehman Brothers Holdings Files for Bankruptcy
On Monday, September 15, Lehman Brothers Holdings, Inc., long a cornerstone of the Wall...
At 100, What Next For General Motors?
For decades, the health of General Motors has been equated, rhetorically at least, with...
Bias in Media Coverage
In June 2000 global-warming prophesier Ross Gelbspan lamented, “Over the last seven years, the...
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Top Iranian’s Explanation for High Oil Prices
If even a stopped clock can tell the right time twice a day, Iranian...
Global Food Prices on the Rise
The recent precipitous climb in global food prices is nothing less than “mass murder,”...
Will Independent Truckers Survive the Cost of Diesel?
Think you’ve got it tough? Spending up to $80 bucks to fill your tank...
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Trading Away Jobs and Liberty
Though billed as a boon to the United States, the General Agreement on Trade...