Japan & 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...
Economy
AIG’s Latest (Fourth) Federal Bailout
For the fourth time in six months, the federal government is giving billions of...
$750 Billion Bank Bailout in Obama Budget
Figuring prominently in President Barack Obama’s newly released budget proposal for fiscal 2010 is...
Creeping Nationalization
Though the Obama administration continues to deny it, the U.S. government continues to move...
Automakers Seek Another $21.6 Billion
General Motors and Chrysler submitted “financial viability” plans to the U.S. Treasury on February...
Obama’s Homeowner Lifeline Not a Lifeline
“President Barack Obama threw a $75 billion lifeline to millions of Americans on the...
Obama: Buying a Second Term?
On Tuesday, February 18, President Barack Obama achieved one of his first major goals...
Coming Soon: Nationalization of the Banks?
Will the banks be nationalized? That question would have seemed preposterous prior to the...
Experts Warn of Oil Price Rise
Oil prices dropped from $141 per barrel to below $40, but experts say that...
True Unemployment Rate Higher Than Reported
The unemployment rate in December rose to 7.2 percent, according to the Labor Department....
Bailing Out Chrysler Becoming a Bad Habit
The federal government handouts to the auto industry continued over the weekend with the...
Jobs’ Health and Apple’s Stock
On Monday Apple's stock rose dramatically, gaining 4.22 percent by the end of trading...
Madoff’s Ponzi Scheme Victimizes ACLU, Others
In a December 23 communication sent to the American Civil Liberties Union's benefactors, administration...
Auto Bailout: Lemon or Lemonade?
Will the bailout of the Big Three automakers — General Motors, Ford, and Chrysler...