By Bill Wilson — The fallout continues to be felt by the Barclays scandal to fix its published Libor (London InterBank Offered Rate) in 2008, the rate at which banks would lend to one another. These are supposed to be based on the bank’s actual borrowing costs. […]

NRD Editor’s Note: This post originally appeared at Investor’s Business Daily . By Bill Wilson — Five months ago Barack Obama nominated union backer, liberal economist and Federal Reserve bureaucrat Erica Groshen to lead the U.S. Bureau of Labor Statistics (BLS) — the agency best known for calculating the nation’s […]

NRD Editor’s Note: Sen. Jim DeMint and Sen. Lindsey Graham are calling on GOP leaders on Capitol Hill to pass a spending agreement now to avoid a lame duck session of Congress . By Bill Wilson — The House needs to give the American people a much-needed break after the November elections, no matter how they turn out, and force Washington, D.C. to quit governing by crisis. Cancel any plans for a lame duck session, and […]

By Bill Wilson — Now that the Supreme Court has ruled to uphold Obamacare, vastly expanding the taxing powers of Congress to now compel behavior to enter into commerce or engage in other activities, the fallout is being seen everywhere. “It is not our job to protect […]

By Bill Wilson — Today in Brussels, European leaders are again convening for the umpteenth time to attempt to bring resolution to the sovereign debt crisis that is plaguing the continent — and the global economy at large. Call it the Politeuro. There, German Chancellor Angela Merkel […]

By Bill Wilson — Congressional leaders are said to be considering a deal that would delay automatic spending cuts and tax increases at the end of the fiscal year through March , and be tied to a continuing resolution that needs to be passed by the end of the fiscal year on Sep. 30. Throw in a temporary extension of the debt ceiling, and that may be […]

By Bill Wilson — Apparently, the Montana State Supreme Court missed a rather important part of the Federal Constitution, the Supremacy Clause, in a Dec. 2011 ruling that upheld a state law prohibiting corporations from engaging in electioneering. Fortunately, the U.S. Supreme Court, led by Chief Justice John Roberts, stood ready […]

By Bill Wilson — In his latest expansion of his own power, on June 15 Barack Obama issued an executive action essentially and summarily granting legal status to perhaps 800,000 illegal immigrants. Whether one agrees with the DREAM Act — which would have done essentially the same […]

By Bill Wilson — Obama’s citing of executive privilege to conceal documents in the Fast and Furious scandal is an egregious expansion of the doctrine, which is only supposed to extend to the President’s top advisors — not low-level Justice Department officials whose actions got a Border […]

By Bill Wilson — Obama’s radical implementation of the DREAM Act, granting legal status to perhaps one million illegal immigrants, without any vote in Congress is just the latest in a long line of usurpations .  Whether one agrees with the DREAM Act or not, we should all agree that no president is above […]