Category: American Economy

Foreign central banks, suffering from the Treasury and Fed-engineered decline in the dollar’s value, are moving new currency reserve investments from the dollar into Euros and Yen.

You know the media has turned into loyal lapdog terriers when a smaller than expected drop in the GDP is reported as a sign that the recession is over. I thought these guys were the guardians of the republic, the …

If the country isn’t better off today than six months ago I’m worried about the next six months. Obama’s statement “If you like what you see so far you haven’t seen anything yet”, scares the hell out of me. And …

Repeated Federal interventions in the economy make businessmen fearful of what the government may do next. And that fear prolongs recessions.

President Obama, whatever his strong points, isn’t an economist. It’s called the “dismal science” for a reason and it results in many people being ignorant of the basic tenets of how an economy operates. So far President Obama hasn’t shown …

Remember when you were a kid and you and your friends would go out and toss around the old pigskin? Then along came the Nerf football? They were softer and squishy; a lot easier to handle and a …

Newsweek’s Jon Meacham and Evan Thomas are tired of all this talk of socialism. We need to stop talking about yesterday’s news, they say, and embrace the great new fact that America is already a socialist country. They chortle that …

This morning in our Democratic Party propaganda sheet — er, Sunday paper, I read a news piece — yes, a news piece — so gushing, so nauseating that I hope fellow conservatives were not reading the same article with …

Seventy-seven percent of Americans believe that the US media is making the economic situation worse by projecting fear into people’s minds.

Refinancing deadbeats who have taken out more debt than they can afford is proving to be a folly. Over half of those homeowners that had their loans reworked and given more favorable terms are falling behind on payments again …

John Maynard Keynes died in 1946, but to hear President elect Obama speak you would think he was going to be heading the treasury department. What does Obama propose to do when he takes office in January? Well other than …

Is there anyone who seriously believes GM will go broke without government assistance? Barack Obama began his campaign with a promise of billions for anyone who thought they needed it. Like so many things a lie told often enough becomes …

The actual facts of why the US—and now the world—economy are in severe jeopardy have little to nothing to do with the current US administration or Republicans. However, with the Democrats’ and their media continue to call and report the …

Our people in Congress who contributed to the Wall Street uncertainties must take their share of the blame. They have been exposed by new media pundits and conservative talk radio. The old drive-by-media will not be able to spin the …

Sometime back Congress thought the Baseball / Steroid issue was a matter of grave importance, so they held public hearings. Remember? Such high drama. Cameras and microphones, a more genteel version of the perp walk, and athletes grilled ‘til they …