From China, With Love
Addison Wiggin asked his readers to imagine an older happily married couple, having their usual morning breakfast together: They work well together, though...
Economy
The Invisible Recovery
On Friday Reuters reported that non-government payrolls rose only slightly in June and overall employment fell “for the first time this year …...
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Fannie and Freddie De-listed From NYSE: Now What?
When ABC News announced that Fannie Mae and Freddie Mac would be de-listed by the New York Stock Exchange on July 8, writer...
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Public Employees Unions Lose Friends
Public-employee labor unions have long been an unchecked tap upon the public treasury. Sometimes these unions have an aura of moral purpose, like...
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Oil Drilling Ban Hits Gulf Coast Hard
The Gulf oil spill has caused serious economic problems. Fisherman and those in the tourist industry have been hard hit by the oil...
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Fannie/Freddie Bailout May Reach 1 Trillion
Just when Americans thought that the bailouts were over, Bloomberg Financial News service reported on June 13 that the final tab for Fannie...
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Fed Manipulations in the Crosshairs
Before the economic meltdown was in full swing, a Florida real-estate developer named William Pitts correctly read the signs pointing toward tough times...
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Little Improvement in U.S. Employment in May
The U.S. Bureau of Labor Statistics just released its employment figures for the month of May, and they would appear to be very...
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78 Bank Closings in 2010 — And Counting
Bank closures throughout the United States continue to be telling of the state of the economy. Friday witnessed the closing of three more...
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Economic Forecast: Summer of Discontent
After six straight months of gains in consumer spending the April numbers showed no change from March, according to the Commerce Department. This...
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Mortgage Defaults Increasing
According to the New York Times, “A growing number of the people whose homes are in foreclosure are refusing to slink away in...
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Top Banks Conspired to Defraud Taxpayers
More than a dozen top American banks were involved in a conspiracy to swindle taxpayers by rigging auctions in the $2.8 trillion municipal...
Read moreFinancial Reform Bill in a Nutshell
The Senate Thursday night passed its long-awaited financial reform bill, another critical plank in President Obama’s New Deal-esque agenda to bring the private...
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Dow Theory’s Russell Says Major Crash Coming
The day after the “flash crash” in the stock market on May 6th, Richard Russell, the octogenarian author of the Dow Theory Letters,...
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The Breakup of Ma Bell
Ten years into the 20th century, the United States citizenry were still enjoying the afterglow of a remarkable generation of economic growth, innovation,...
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