Using the Food Crisis
According to internationally acclaimed author and highly regarded expert Lester Brown (pictured), writing in the January 10 issue of Foreign Policy magazine: Tonight there will be 219,000 additional mouths to...
Sectors
Food Prices Rocket
Eighty-year-old Dottie Bell is a volunteer at the Community Market food bank in Opelika, Alabama, and every day she sees the impact of high food prices on people in her community....
Obama Administration Attempts to Revise Mortgage Program
Seemingly unaware of the nation’s debt crisis, the federal government is attempting to revamp its foreclosure-prevention program to make it easier for out-of-work homeowners to keep their homes. ...
Tiny Alto, Texas, Not the First to Mothball Its Police Dept
The city council of tiny Alto, Texas — population 1,200, about 140 miles southeast of Dallas — shuttered its police department on June 15 because of a budget shortfall. In order...
Obama Administration Proposes Doubling Gas Mileage Standards by 2025
If the Obama administration gets its way, you can kiss your next SUV — and possibly your life, if you're involved in an automobile accident — goodbye. The administration is proposing...
Fueling High Gas Prices
On the day President Obama took office in January of 2009, regular unleaded gasoline was selling nationally at an average price of $1.83 per gallon. The national average price has recently...
“Government Motors” Gives Taxpayers the Crankshaft
General Motors and Chrysler, so the story goes, have repaid the dollars the federal government loaned them to keep them from going belly up. Therefore, it is said, every American should...
Pension Woes of Alabama Town a Warning to Others
The city of Prichard, Alabama, is the best proof that more states need Governors such as New Jersey’s Chris Christie, who is willing to take on a pension crisis. For years,...
Obama’s Dodgy Remarks on Auto Industry Bailout
President Barack Obama has lately been touting the government’s takeover of two of the Big Three automakers as an unqualified success. This is not surprising considering the large hand he had...
Economists Tell Congress to Enact Spending Cuts
Economists Richard M. Ebeling and Matthew J. Slaughter testified before the House Monetary Policy Subcommittee May 11 and agreed that spending must be cut to avert a financial catastrophe, but disagreed...
Fannie and Freddie: Still Mortgaging America’s Future to Stay in Business
Need more proof — besides the staggering national debt — that the federal government is totally incompetent in fiscal matters? Three years after the feds took over their already failing “government-sponsored...
Tornadoes Worsen Economy of Alabama, Other Southern States
The state of Alabama was already struggling with high unemployment when it was pummeled by tornadoes last week. As businesses and homes have been destroyed by the twisters, many residents in...
Bernanke Press Conference Proclaims Inflation Not a Problem
Federal Reserve Bank Chairman Ben Bernanke told reporters at the Fed's first ever press conference April 27 that the Fed's Open Market Committee will not change existing policies that are suppressing interest...
High Gas Prices Set to Cause Double Dip in Economy
"I'm sure the rising cost of energy is bothering the market," said Fred Dickson, chief investment strategist at D. A. Davidson & Company last week. "I do think the uptick in gasoline...
University of Texas Takes Possession of $1 Billion in Gold
The University of Texas decided this week to take physical possession of some 664,000 ounces of gold it has bought over the past year, a quantity valued at nearly $1 billion...