Archives for April 2015

$50K on air conditioning, staging for 75-minute Obama town hall meeting

Would you spend $50,000 for air conditioning and staging that will be used for just 75 minutes? Ostensibly, the U.S. State Department thought it was reasonable to spend this amount of money for a little more than an hour. Here's a little bit of … [Read more...]

Is Paul Krugman jubilant over Baltimore riots?

The city of Baltimore is in a state of panic, destruction and violence. All over the city, there are broken windows everywhere, whether they're stores, homes or vehicles. As the entire world has seen, protesters are simply wreaking havoc on the city, … [Read more...]

Peter Schiff: Federal Reserve rate hike hints are a bluff

As we reported Wednesday, the Federal Reserve will likely refrain from raising interest rates in June. Economists predict the United States central bank will boost rates in September as Federal Open Market Committee (FOMC) discuss the merits of the … [Read more...]

Federal Reserve likely to delay interest rate hike to September: economists

Well, the Federal Reserve isn't likely to raise interest rates in June. After nearly a year of hints and confidence among economists that the United States central bank would finally touch interest rates for the first time since 2008, Fed Chair Janet … [Read more...]

Military is Big Business: U.S. defense industry outperforms S&P 500 by 30%

"In the councils of government, we must guard against the acquisition of unwarranted influence, whether sought or unsought, by the military-industrial complex." These words were spoken by President Dwight D. Eisenhower in his farewell speech to the … [Read more...]

Homeownership rate hits lowest level in 25 years

In the United States today, home prices are rising while homeownership is on the decline. Financial analysts and real estate professionals are perplexed by this. If prices are indeed going up then there is has to be an growing demand for homes. … [Read more...]

Did Iceland’s latest monetary reform report get it right?

In 2008, Iceland became one of the first countries in a long line of states to fall like a game of dominos. The Great Recession was an important economic and political event for both Iceland and the rest of the world. Unfortunately, we never really … [Read more...]

Video: Walter Block on the minimum wage

Many American states and Canadian provinces are introducing higher minimum wages, responding to union and anti-poverty protesters calling for a greater living wage. The minds behind this concept say it'll help those impoverished to do better in life. … [Read more...]

Ron Paul: Real war on middle class is the welfare-warfare state

By: Ron Paul - One of the great ironies of American politics is that most politicians who talk about helping the middle class support policies that, by expanding the welfare-warfare state, are harmful to middle-class Americans. ¬†Eliminating the … [Read more...]

Retirement Crisis: One-third of Americans don’t have $1,000 for retirement

The economic collapse of a few years ago wiped out bank accounts, investment vehicles and retirement savings for millions of households across the United States and elsewhere around the world. Despite the so-called economic recovery, many still … [Read more...]