Economy
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Arnold Schwarzenegger may believe that he would be sitting in Barak Obama’s chair in the Oval Office if only he…
Mark Twain and Will Rogers shared a sentiment. As Twain said, “Buy land, they’re not making it anymore”. It would…
Consumer confidence hit an all-time low this month. The Conference Board announced that The Index now stands at 37.7, down…
It seems impossible that a handful of companies could put nearly 80,000 people out of work in a day. Caterpillar…
There is a growing body of opinion that $825 billion plus the $350 billion left in TARP funds will not…
The Treasury has provided loan facilities of up to $100 billion for both Fannie Mae (FNM) and Freddie Mac (FRE).…
Data released from the U.K. shows the economy there has not been in as bad shape since Margaret Thatcher was…
“Madness is to think of too many things in succession too fast, or of one thing too exclusively”–Voltaire The American…
The EU finally owned up to what everyone already knew. It will face its first recession since it was formed…
John Tamny, RealClearMarkets Last fall, in an Oct. 16 interview with CNBC’s Larry Kudlow, outgoing U.S. Treasury Secretary Henry Paulson…
Faced with a $42 billion loss at RBS (RBS) and credit markets which appear to become more frozen as each…
It is stunning to think that Americans have begun to believe that this recession and the effects that it will…
Looking at the headlines at WSJ.com, the majority are about large companies that cut workers today. Circuit City is liquidating,…
The December Consumer Price Index, or CPI measuring consumer-level inflation, is showing that the risks to deflation are real. Low…
A run-of-the-mill economist would define deflation as the loss of money supply and credit in the markets. Simply stated, the…
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