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Economy - Economics USA

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Ritholtz.com

One mind-boggling result cited by Alan of the banks becoming prey to the casino mentality is that dollar trading volume now weighs in at four times gross domestic product — that’s right, quadruple GDP — and up a full tenfold what it was...

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LewRockwell.com

Right now the US Government is spending over a trillion and a half dollars more than they are taking in – but that's as good as it's going to get. We're already in the best of all possible worlds, considering what's happened. It gets vastly worse...

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Kunstler.com

Given the situation, it's not unthinkable that self-styled Texas secessionist Rick Perry could be the next president. On top of that, the guy is a Christian Dominionist nut. This outfit wants to capture all politics, culture, and media in what is...

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arclein

According to new data released by the Bureau of Labor Statistics today, North Dakota had an unemployment rate of just 3.3 percent in July—that’s just over a third of the national rate (9.1 percent), and about a quarter of the rate of the state with t

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The Political Commentator

A more interesting question might be if the US economy ever came out of recession in the first place? Recession: A decline in GPP for two consecutive quarters. Recession: When your neighbor loses his job. Depression: When you lose your job! E

News Link • Global Reported By Michael Haltman
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NakedCapitalism.com/

With housing in most markets not having bottomed, the overwhelming majority of consumers having taking a wealth hit, businesses not investing and government not taking up the slack, where exactly is growth supposed to come from? The tooth fairy?

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arclein

Virtually all of the activity that took place during the boom years was based on two ridiculous premises: one, a house was viewed to a large degree as an entitlement, when the government contended (and still does) that a certain number of mortgages s

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NakedCapitalism.com/

I must stress, as the Journal does, that no action of this sort appears to be imminent. However, Bank of America’s mortgage woes appear to be worsening by the day. If Europe goes into a full-blown crisis, investors will dump investments...

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Written By:

Roy Miller Phoenix AZ 85007   Can Hurricane Irene Actually Be Good For Us Even though I confess to being a regular listener to National Public Radio it is sometimes a downright embarrassing experience. This week I had to listen to ot

Letters to the Editor • Global
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The Atlantic Monthly

Under a new state law in New Jersey, lunch-line bullies in the East Hanover schools can be reported to the police by their classmates this fall through anonymous tips to the Crimestoppers hot line. In Elizabeth, children, including kindergartners,

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www.lewrockwell.com

Race and Economics - Let's tell the truth, shall we? Article by Walter Williams. / Forget Calories and Exhausting Exercise - To lose fat, eat fat. Don Miller, MD, talks to Lew Rockwell. / The Trouble With Egalitarianism - It justifies the total state

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