When taxation is used to chainsaw the “Middle Class” income into bloody parts in a scheme to redistribute the wealth of this nation, we have a Halloween socialism reminiscent of The Texas Chainsaw Massacre I last film-reviewed under the scream-fear B
"What we're trying to do is get banks to do what they are supposed to do, which is support the system that we have in America." Dana Perino said. She noted that banks are regulated by the federal government.
The bulls are waiting for the final sell-off. They tell people to stay in this market, yet they also predict a final sell-off. It seems to me that it is better to sell your shares -- all of them -- and short the market. This way, you profit from t
Thursday, the Las Vegas Sands Corporation hit an all-time low - a low of about $8 dollars per share, compared to $148 per share last year.
Dolphins owner H. Wayne Huizenga said Sunday no date has been set for selling up to 45 percent more of the team to Stephen Ross, but the presidential election is among the issues weighing on his decision.
Glenn and Gard discuss numerous overlooked facets of the so-called "bailout" being perpetrated by the federal government. Insight into the possible reason why Bernanke/Paulson felt compelled to take over the nation's largest banks.
The Conference Board's confidence index decreased to 38, less than forecast and the lowest reading since monthly records began in 1967, the New York-based research group said today.
Aspiring U.S. politicians dream of being FDR, but rarely do the times and the person converge. The next president will have the chance to be a 21st-century FDR. [Zoellick is world bank group president, former Sachs, State Dep.]
General Motors wants our tax dollars too. Banks are getting billions. Insurance companies are getting billions. Why not G.M.? The answer to that question: jobs, wages and the United Auto Workers.
Among the many harsh lessons for mortgage lenders in the housing bust is this one about evictions: Selling a house is far easier than taking it back. Clever opportunists and struggling families have figured this out, too, and the result is a rapidly
Lew Rockwell interviews Ron Paul
Throughout all of this, we see exhibited by those who presume the powers of omniscience and rational planning, a thorough ignorance not only of the causal factors that continue to produce our horribly disrupted world, but of the...
Murray Rothbard on the man Ayn Rand dubbed the "Undertaker."
“If it turns out that they are hoarding, you’ll have a revolution on your hands. People will be so livid and furious that their tax money is going to line their pockets instead of doing the right thing. There will be hell to pay,” Dodd told the New Y
WASHINGTON — The Bush administration is examining a range of options for providing emergency financial help to spur a merger between General Motors and Chrysler, according to government officials.
The Federal Reserve is poised to cut its benchmark rate for the second time in two weeks at a pivotal meeting in Washington on Wednesday, and the European Central Bank yesterday suggested that it would do the same next week.
The market downturn is ravaging public pension funds across the United States, with many state and local governments seeing more than 20 percent of their retirement pools swept away in the turmoil.
Oil prices fell to a fresh 17-month low on Monday, trading just above $60 a barrel, on signals of lower energy demand in November, in spite of the arrival of the cold season in the northern hemisphere.
Socialism is on the way. First, on the hit list is your 401(k). Congressional Democrats have a plan to eliminate 401(k)s and have this money transferred to a government guaranteed retirement accounts.
list of "unthinkables" that have actually happened is long and growing. A Republican Admin. engineering a more than $1 trillion bailout -so far-. The government seizing control of Fannie Mae and Freddie Mac, and insurance giant AIG.
The U.S. stock market has lost 1,417 points--a decline of nearly $3 trillion in value--since President Bush signed into law a $700-billion financial industry bailout bill supported by both R&D presidential candidates. (Scary GRAPH)
With news this week that Congress is poised to consider a new stimulus package, I am forced to again ask a question that seems silly in Washington: How will we pay for this?
Dylan Ratigan let the cat out of the bag in this CNBC clip from Thursday 10-23-08.
The seasonally adjusted estimate of new houses for sale at the end of September was 394,000. This represents a supply of 10.4 months at the current sales rate
An epitaph for the world's worst ever central banker.
General Motors Corp., the largest U.S. automaker, has asked the Treasury Department for financial aid to help complete a merger with Cerberus Capital Management LP's Chrysler LLC, two people with knowledge of the matter said.
After a week of growing economic gloom and plunging stock markets, Asian and European leaders meeting in Beijing promised Saturday wide-ranging reforms while UN Secretary General Ban Ki-moon also called for quick change.
"This will go down in the history books as one of the greatest fiascos of banking in 100 years," said Mr Roman, who with Noam Gottesman, co-runs GLG...
How would private coinage work? In the same way, we have said, as any other business. Each minter would produce whatever size or shape of coin is most pleasing to his customers. The price would be set by the free competition of the market.
“We remain focused on building sustainable success, not only on short-term results (and) we will continue to assess our overall staffing needs. Any decisions or actions will be shared directly with employees,” it said.