USPS to Close Thousands of Post Offices
With at least $7 billion in losses expected in 2011 and similar setbacks over the past several years, the United States Postal Service...
Economy
Russia Moving to Gold Standard?
With the value of the U.S. dollar exponentially declining since the establishment of the Federal Reserve Bank in 1913, it comes as no...
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Many Bailed-out Banks May Fail Anyway
As many as 98 banks, which took in a total of $4.2 billion from the Troubled Asset Relief Program (TARP), may fail anyway,...
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Facebook Founder Named Time’s “Person of the Year”
Twenty-six-year-old Mark Zuckerberg, founder of the social networking website Facebook, has been selected as Time magazine’s Person of the Year for 2010. Facebook,...
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Small Gold Buyers Face Big Government Burdens
Gold has always been the bane of big government planners. The precious metal has, from time immemorial, constituted real and portable wealth. Diamonds...
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Unemployment Rate Rises to 9.8%
As extended unemployment benefits for two million Americans began to run out this week, the economic news from Washington remains bleak. According to...
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Fed Data Reveals Trillions in Bailouts to Big Foreign Banks
Secret Federal Reserve System data released December 1 reveals that the banking cartel (the Fed and its member banks) bailed itself out to...
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News Baron Murdock Set to Launch Daily iPad Paper
Media mogul Rupert Murdock, whose News Corp. owns and operates scores of daily newspapers, including such standards as the Times of London, the...
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Cotton Prices Expected to Soar
Last year, conservative pundit Glenn Beck warned his viewers to stock up on clothing for their kids, as he predicted that the price...
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Federal Salaries Rise Fast Under Bush, Even Faster Under Obama
While average Americans have seen their wages and benefits stagnate, decrease, or even vanish altogether in recent years, federal workers have been doing...
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Commodities Skyrocket After Fed Announces $600 Billion More Inflation
One day after the Federal Reserve Bank's “Federal Open Market Committee” (FOMC) announced it would create an additional $600 billion in currency over...
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TARP Bailout Payback: “Drop in the Bucket”
Over the recent clamor of approval for the outcome of the Troubled Asset Relief Program (TARP), which Beltway insiders are proclaiming a success...
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Behind the Mortgage Foreclosure Crisis
The foreclosure crisis continues to threaten the U.S. banking sector with more headaches, admitted Sheila Bair, head of the FDIC, on October 25....
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Chevy Volt Misses the Mark
Now that the Chevy Volt, General Motors’ electric car, is about to arrive in selected dealers’ showrooms around the country, it has been...
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When Unemployment Pays Better Than Employment
Back in June, Republican Senate candidates Sharron Angle of Nevada and Rand Paul of Kentucky endured criticism from the mainstream media for their...
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