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 […]

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 […]

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 […]

By Bill Wilson — In 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 […]

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 […]

By Bill Wilson — In 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 […]

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 […]

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 […]

By Bill Wilson — Since Barack Obama assumed office, according to the Bureau of Labor Statistics, the total population over age 16 has grown by 5.845 million to 240.5 million , and yet, since then, the civilian labor force has actually shrunk by 349,000 — from about 154.2 million to 153.8 million. This is a startling contradiction, and it is at the heart of why the unemployment rate is much […]

By Bill Wilson — There’s a first time for everything. On Jan. 4, Barack Obama made four recess appointments: Richard Cordray to the Consumer Financial Protection Bureau and Sharon Block, Terence Flynn, and Richard Griffin to the National Labor Relations Board (NLRB). In itself, that’s not unusual.  […]