By Bill Wilson — With the radical anti-bailout party Syriza leading polls in Greece and set to pull off a major upset in June 17 parliamentary elections, all speculation about the future of Europe is centered on whether or not Greece will leave the Eurozone as the […]

By Bill Wilson — As the global financial crisis has spread from defaulting mortgages, to crashing mortgage-backed securities, to interbank contagion, to then a full-blown sovereign debt crisis, the  apologists for the Keynesian order have pretty much had their way  in responding to the economic fallout. They […]

By Bill Wilson — Today at Camp David, the Obama Administration is expected to push France and Germany to engage in more “stimulus” policies (i.e. spend, borrow, and print more money) to lift Europe’s ailing economy. As reported by Time , “The U.S. has been pushing [newly elected French President Francois] […]

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 […]