Only in America are the ones who want to balance the budget and make raising the national debt limit unnecessary labeled “terrorists,” while those who want to raise the national credit card limit to infinity deemed reasonable.
In an October 30 press release, the Federal Reserve Bank's Open Market Committee blamed the soft economy on a lack of government spending and announced it would continue the purchase of long-term federal debt and mortgage-backed securities indefinitely.
From a recent report it appears the administration's “Cash for Clunkers” program was an almost complete waste of billions of taxpayer dollars.
Kickstarter provides a platform that matches entrepreneurs with capital. The results are borderline miraculous.
If we are to be able to avoid ultimate collapse, it's going to take a moral reawakening and renewed constitutional respect.
Communist China and Nicaragua's Sandinista government under Daniel Ortega are moving ahead with plans to build a $40-billion canal through Nicaragua, as China's footprint in Latin America grows.
Recent comments by the head of the Bank of England, the U.K.’s powerful central bank, offered further evidence that Western central bankers are preparing to shower even greater quantities of fiat currency on private banks and financial institutions — all at public expense.
Gas prices, down significantly from where they were in April, may continue to slide by at least another 10 cents per gallon, perhaps more.
The economic problems facing Puerto Rico are the same problems facing the United States, and they are caused by the same things.