Category: American Economy

The Federal Reserve is the Central Bank of the United States. It is in charge of printing money issuing bonds and setting interest rates for those bonds. Article 1, Section 8 of the Constitution says, “The Congress shall …

We engineers have a saying: “Given enough thrust, even a barn door can fly.”

Now, one does not have to have a PhD in Aerospace Engineering to understand how non-aerodynamic a barn door is. But the saying is indeed true: if …

V&V: Dr. Columbus, why did you write this book?

Dr. Craig Columbus: The financial-scandal genre is a very crowded shelf. These books do a fine job of recounting Wall Street’s misdeeds. But no one had addressed the topic of fixing …

Back in the nineties when Pat Buchanan was wise enough to label the Culture War for what it was some of us asked, “How can a moral wrong be a civil right?” This was back when those coming out …

The causes of our problems are not hard to see. Americans aren’t obese because evil restaurateurs are forcing them to eat fried butter on a stick. We are bulging at the seams because we eat too much and …

Bill O’Reilly (Fox News) made our Framers proud when, on March 26, 2012, he correctly explained [probably for the first time ever on TV] the genuine meaning of the interstate commerce clause. O’Reilly’s guest was Big Government Progressive Caroline Fredrickson, …

As I always say it is better to read Obama’s speeches then to just listen. Obama never talked about the high price of gasoline at the pump in his last SOTU. It is way too high and it is causing …

Along with their ever-present accusation that anyone who criticizes or disagrees with America’s first black president is a racist, class envy is the centerpiece of Obama’s re-election campaign.

While the Obama Administration has worked tirelessly at minimizing the negative political fallout of its “green jobs” debacle (Solyndra being among the few that gained attention), the nation has yet to fully grasp just how devastating the Obama agenda has …

If you watched President Obama’s speech to a joint session of Congress, you didn’t see anything new. He did what he does best—campaign for re-election and pay lip service to private enterprise and fiscal responsibility while proposing more top-down economic …

After Obama comes back from his needed vacation, he is going to hit us with the plan of all plans. I betcha you can’t wait. He can!

First off he needs to apologize without being so condescending. And he needs to …

The price of gold has gone on a tear this summer, from slightly under $1500 per ounce to well over $1800 per ounce, and it looks like it wants to go higher. What gives?
 
Well, if you bought gold last spring, …

As the August 2 deadline for a debt-ceiling deal drew near, many expected a big deal that would significantly change the direction of federal fiscal policy. After weeks of tumultuous negotiations, partisan bickering, and impassioned histrionics, the agreement that finally …

There has been so much talk about the debt ceiling, but most of it appears to be false.

The liberals want you to think that if we don’t raise the debt ceiling we will default on all our bills. And the …

Amateur hour at the White House continued this week. President Obama, who swears up and down, cross his heart and hope to die, that he is serious about tackling the federal budget deficit released his proposed budget for fiscal …