US drought becomes largest area natural disaster in history
The United States Department of Agriculture has declared natural disaster areas in more than 1,000 counties and 26 drought-stricken states, making it the largest natural disaster in America ever. Arkansas NRCS Photo/Tim More...
Federal Reserve may push for another stimulus
With economic storm clouds gathering abroad and signs the U.S. recovery is flagging, the Federal Reserve may feel compelled on Wednesday to launch a new round of monetary stimulus. Confronted with rising financial More...
At this rate Japan’s economy will never recover-we should take notice
Japan has been in serious economic doledrums for at least two decades now. Their horrible economic policies have done nothing to improve the situation. These are same Keynesian economic policies that the United More...
The dollar era is nearly over
While listening to an interview with a MIT economics professor today on Tech Ticker, I was astounded by how he answered the following question, Is America headed down a similar path as Greece? photo: TaxRebate.org.uk Professor More...
Hugo Chavez and Venezuela face new challenges
Venezuela citizens flooded to stores to scoop up goods at the currency was devalued this week. President Chavez announced rolling blackouts to accommodate energy shortages and now soldiers were dispatched to force More...
State of the Nation: Bogus unemployment numbers, inflation, Sotormoyor distracts America
16.5% Unemployment ?!?! This Washington Post article (and the website itself) proclaims to calculate the actual unemployment numbers. During the Bush years we were told that the 4-6% was falsely low for various More...
