Sectors - The New American

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...

Raven Clabough November 17, 2010

Federal Salaries Rise Fast Under Bush, Even Faster Under Obama

Michael Tennant November 10, 2010

While average Americans have seen their wages and benefits stagnate, decrease, or even vanish altogether in recent years, federal workers have been doing...

TARP Bailout Payback: “Drop in the Bucket”

Charles Scaliger October 28, 2010

Over the recent clamor of approval for the outcome of the Troubled Asset Relief Program (TARP), which Beltway insiders are proclaiming a success...

Behind the Mortgage Foreclosure Crisis

Charles Scaliger October 27, 2010

The foreclosure crisis continues to threaten the U.S. banking sector with more headaches, admitted Sheila Bair, head of the FDIC, on October 25....

Chevy Volt Misses the Mark

Bob Adelmann October 26, 2010

Now that the Chevy Volt, General Motors’ electric car, is about to arrive in selected dealers’ showrooms around the country, it has been...

When Unemployment Pays Better Than Employment

Michael Tennant October 25, 2010

Back in June, Republican Senate candidates Sharron Angle of Nevada and Rand Paul of Kentucky endured criticism from the mainstream media for their...

Handicapped Passenger Told: “Too Disabled to Fly”

Raven Clabough October 19, 2010

October 15, US Airways asked one of its passengers flying from West Palm Beach to Kansas City to exit the airplane. Johnnie Tuitel,...

Gold and Commodities Soar With Fed Inflation News

Thomas R. Eddlem October 14, 2010

Commodities markets have soared on news of a global currency inflationary war by central banks around the world, with gold prices climbing to...

No Social Security COLA Next Year

Thomas R. Eddlem October 11, 2010

Social Security recipients will go a second consecutive year without receiving a cost-of-living adjustment in 2011, according to various press reports. The announcement,...

Bank of America Suspends Foreclosure Sales

October 8, 2010

Amid the rising turmoil in the housing market, the Bank of America announced today it is suspending foreclosure sales in all 50 states....

Washington Could Learn From Havana and Moscow

Michael Tennant October 7, 2010

Once upon a time the United States had some standing to lecture communist countries on the virtues of free markets. Today, however, our...

Gold and Competitive Currency Destruction

Thomas R. Eddlem October 6, 2010

The price of gold as measured against the U.S. dollar hit a record $1,341 per ounce at the close of commodities market day...

Debate Over Government Pension Plans Heats Up

Alex Newman September 21, 2010

After losing billions during the economic crisis, bloated benefits of state and local government-employee pension plans across America have been thrust into the...