10.20.2014

By Robert Romano “When former Fed chief Ben Bernanke has trouble refinancing his mortgage , you know there’s a problem.” That was Bloomberg View’s Barry Ritholtz on October 17, commenting on the supposed shortage of mortgage credit in the current U.S. housing market. “Banks have avoided making loans to many […]
10.17.2014

By Rick Manning Elections are unpredictable by nature, yet every October in an even number year there are those of us who do just that, attempt to predict their outcome. If asked on October 1, the number of pundits who publicly wondered if Ebola in western Africa […]
10.17.2014

By Robert Romano “It is increasingly clear that the health of other nations has a direct impact on health in the United States — infectious diseases do not recognize borders, and a disease outbreak is just a plane trip away.” That was Centers for Disease Control and […]
10.16.2014

By Robert Romano CNS News’ Terence P. Jeffrey reports that the 89.2 million full-time private sector employees’ share of the $17.86 trillion national debt hit $200,258.81. That’s interesting, but Congress has no intention of ever balancing the budget. Plus, with the auto spending we’ll once again be adding $1 trillion to the debt by decade’s end as the retirement wave hits full […]
10.15.2014

By Rick Manning Desperate Democrats are reaching new levels of despicability, as they are busily making false claims regarding the Ebola threat and budget cuts to the National Institute of Health (NIH). The Washington Times reports that the Center for Disease Control’s National Center for Emerging and Zoonotic Infectious […]
10.15.2014

By Robert Romano “A quarter of Italian industry has disappeared. Our currency is overvalued and there is nothing we can do about it within the euro.” That was Five Star movement co-founder Gianroberto Casaleggio in an exclusive interview with the UK Telegraph’s Ambrose Evans-Pritchard , describing the incompatibility of Italian membership in the Eurozone. The tepid austerity […]
10.14.2014

By Robert Romano At the height of the Great Recession, by December 2009, 8.4 million jobs were lost. It has taken six years to recover to the 146.4 million January 2008 pre-downturn jobs level. Today, 146.6 million people have jobs, according to data compiled by the Bureau […]
10.14.2014

By Marita Noon President Obama is trying, according to CNN, to “convince voters of a vigorous recovery that a majority still doubts.” Describing comments the president made on October 2 at Northwestern University’s Kellogg School of Management in Chicago, CNN calls his attempt, the “political problem […]