02.03.2012

Is Mitt Romney out of touch?

By Bill Wilson — Within hours of his big win in Florida, former Massachusetts Gov. Mitt Romney again raised questions about whether he is in touch with the American people, telling reporters , “I’m not concerned about the very poor. We have a safety net there. If it needs repair, I’ll fix it.” Really? The nation has 13 million unemployed, another 4 million who have given up on looking for work, and another 10 million who can’t find full time work .  As a matter of fact, millions of Americans are […]

02.03.2012

Time to end unemployment benefits

By Bill Wilson — Today’s announcement by the Bureau of Labor Statistics that approximately 240,000 jobs were created by the engine of the U.S. economy, America’s private sector businesses and entrepreneurs.  These job creators are moving forward because they trust that the Republican led House of Representatives […]

02.02.2012

Default better than death of democracy

By Bill Wilson — Reflecting Europe is nowhere near agreement on how to “rescue” Greece — let alone prop up Italy and Spain — German Chancellor Angela Merkel again delayed finalizing any deal on Jan. 30, telling reporters, “We won’t have a thorough discussion of Greece because […]

01.30.2012

A Megaload of Unintended Consequences

By Bill Wilson –After an outpouring of opposition by millions of Internet users and tens of thousands of websites against the “Stop Online Piracy Act” (SOPA) and the “Protect Intellectual Property Act” (PIPA) in the House and Senate, congressional proponents of the bills have delayed votes on […]

01.27.2012

Annual GDP grew just 1.7 percent, debt nearly larger than economy

By Bill Wilson — In 2011, the economy slowed down considerably to a tepid snail’s pace of 1.7 percent for the year .  The housing bubble popped in August 2007, and the economy contracted in its aftermath.  Here we are, four years later, and the economy is still very weak, unemployment remains unacceptably high, consumer inflation is still rising, and the cost of […]

01.27.2012

Obama’s Misleading 3 Million Jobs Created Claim

By Bill WilsonIn the State of the Union Address , Barack Obama attempted to convince the American people that the economy has turned the corner, things are getting better, and “we’ve come too far to turn back now.” Reading Obama’s speech carefully, he noted the 8 million jobs that have overall been […]

01.24.2012

IMF admits $1 trillion not enough to bail out Europe

By Bill Wilson — Sometimes, government officials tell the truth, and when they do, watch out. It might be a good idea to hold on to your wallet. A recent example is International Monetary Fund Managing Director Christine Lagarde commenting on the European debt crisis in Berlin on Jan. 23 .  Even though the European Financial Stability Facility (EFSF) has already committed €440 billion, the […]

01.18.2012

Romney’s Missed Opportunity on Europe

By Bill WilsonIn the Jan. 16 Republican presidential debate in South Carolina , former Massachusetts Governor Mitt Romney was asked another question on whether he would support the use of taxpayer dollars to finance a bailout of banks in Europe that bet poorly on the sovereign debt of socialist governments like Greece. Call it a […]

01.16.2012

GOP weakness increases likelihood of Obama reelection

By Bill Wilson — In 2010, Republicans swept into the majority of the House of Representatives on a bold platform that included repealing the unpopular Obamacare legislation, cutting $100 billion from the budget in the first year in power, rolling back the Dodd-Frank financial takeover, and reining […]

01.12.2012

The end of globalization?

By Bill Wilson — Over the past century, economies have become more integrated — trading more goods and services around the world, moving capital globally, labor being shifted overseas, and just recently in history, the worldwide dissemination of information has become instantaneous with the power of the […]

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