By Bill Wilson — Greece has set June 17 for new elections after a non-decision on May 6 left the Hellenic nation without a government. Now all eyes are on Alexis Tsipras, who’s Coalition of the Radical Left party appears poised to overtake not only the once-ruling Socialists — which they already did on May […]

By Bill Wilson — By Barack Obama’s own estimate, borrowers who take part in his mortgage refinance program could “save about $3,000 a year on their mortgage, by refinancing at historically low interest rates”, as he suggested in his Feb. State of the Union Address . Later his Administration estimated that as many as 3 million borrowers would be eligible for that particular program , but with interest rates at record […]

By Bill Wilson — The entrenched establishment in Europe that unceremoniously deposed Greek and Italian prime ministers George Papandreou and Sylvio Berlusconi in 2011 , installing pro-bank bailout Eurocrats in their place, was dealt a critical defeat in Greek parliamentary elections on May 6. Neither of the two pro-bailout parties, the conservative New Democracy or the Socialists, gained enough seats to […]

By Bill Wilson — Obama’s idea of a recovery is when 522,000 Americans give up on getting a job, and drop out.  His claim that the unemployment rate has ‘dropped’ to 8.1 percent is either a delusion or a purposeful manipulation.  The truth is that there were […]

By Bill Wilson — The U.S. Treasury on May 2 postponed a decision on whether to issue a new type of debt that would allow interest rates to float with market conditions. These would be like an adjustable rate mortgage, except for sovereign debt, wherein interest rates would adjust over time instead of being at a […]

By Bill Wilson — On May 1, 2012, the Occupy movement once again took to the streets, this time to celebrate International Workers’ Day, a leftist, invented holiday that was originally founded to promote Marxist and labor movement ideology . Eventually, it even became a national holiday of the then-Soviet Union to promote the workers’ revolution. The ostensible idea behind the protest, […]

By Bill Wilson — On Thursday or Friday, the House of Representatives will be voting on new legislation, the “Cyber Intelligence Sharing and Protection Act” (CISPA). The ostensible purpose of the bill is to streamline the sharing of intelligence on cyber threats from the U.S. national security apparatus to Internet Service Providers and […]

By Bill Wilson — Speaking in Denmark on April 16 with that country’s economics minister at an event hosted by the Politiken newspaper , billionaire investor George Soros took aim at austerity measures in Europe, saying they were only making things worse as countries there attempt to control the sovereign debt crisis. “You can grow out of excessive debt, you cannot shrink out of excessive debts,” […]

As originally published at Investor’s Business Daily on April 20. By Bill Wilson — Like the day Pearl Harbor was bombed by the Japanese, Dec. 7, 2009, might too be recalled by history as a day that shall live in infamy. That was the day Environmental Protection Agency Administrator Lisa Jackson issued the carbon endangerment finding, a […]

By Bill Wilson — In February, the Obama Administration accounted for rising gasoline and oil prices with market forces, saying alternatively that it was because the economy was recovering and included increased demand overseas, particularly China. Now, Obama is claiming that so-called ‘speculators’ are manipulating oil prices. […]