Beck May Leave Fox News and Pursue Own Channel
Speculation over the length of conservative pundit Glenn Beck’s tenure at Fox News has pervaded media circles and conservative blogs almost since the first days of his appearance on the news...
Sectors
Fannie, Freddie, and the Feds’ Double Standard on Executive Pay
On February 4, 2009, President Barack Obama signed legislation establishing a $500,000 limit on executive compensation at firms receiving federal aid through the Troubled Asset Relief Program. “In order to restore...
Cash For Clunkers 2? It’s Coming
Even after the Cash for Clunkers program failed, the federal government refuses to give up. It is now launching Cash for Clunkers 2, this time for “green vehicles.” Perhaps not surprisingly,...
Financial Sector Lures Math Talent from Industry
Credit Time magazine for identifying, however imprecisely, a very important but little understood consequence of the modern Federal Reserve-based financial system: a “brain drain” that is luring many of the best...
LSU Economist: Obama Drilling Moratorium Cost Billions
President Barack Obama's imprudent moratorium on drilling for oil in the Gulf Of Mexico cost not only the Gulf region but also the nation billions of dollars and tens of thousands...
New York Times Web Site to Go Behind Pay Wall
In the realm of online news, the New York Times is one of the premier go-to sites that hundreds of thousands of news surfers around the world check in with every...
Postal Service Faces Shortfall
The number of activities contemplated by the Founding Fathers in the Constitution for the federal government is very small. However, astute Americans are aware that much of what the government does...
Foreclosures, Bankruptcies Hitting Churches
With the number of home foreclosures on pace to hit one million this year, many Americans were hoping to look to the church for spiritual encouragement and hope. Sadly, however, it...
Huffington Post Strikes Deal With AOL
Reports that the Huffington Post struck a deal with online company AOL, Inc. that involves the sale of the Huffington Post to the online company for $315 million, $300 million of which...
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 (USPS) announced that it plans to close up...
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, according to a study of third quarter earnings...
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, which began in 2003 as a small insider...
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 have, too, but expertise is required to judge...
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 the November Employment Situation Summary from the Bureau...
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 the tune of more than $10 trillion in...