By Bill Wilson —  Markets were all giddy on Nov. 18 because of a new proposal by the International Monetary Fund (IMF), reported by Dow Jones , that would call on the ECB to get around the Lisbon Treaty’s Article 123 prohibition on purchases of government debt by lending the money to the IMF first. Then, […]

By Bill Wilson — Anti-tax increase advocates were alarmed on Nov. 2 when 40 House Republicans signed a letter indicating they were open to new revenues as part of a package expected from the so-called congressional Supercommittee. “To succeed, all options for mandatory and discretionary spending and revenues must be on the table,” the letter stated. Members who signed the letter have said what […]

By Bill Wilson — Are we cozying up to dictators in Central and South America? On Nov. 7, the State Department restored diplomatic relations with Bolivia for the first time since Sept. 2008 , when the U.S. Ambassador and the DEA were both expelled for allegedly inciting opposition forces against the regime.  It is a small indication of where the Obama Administration […]

The release of e-mails by Judicial Watch from the National Labor Relations Board (NLRB) discussing its controversial decision to attempt to stop Boeing Corporation from building a production facility in South Carolina should raise concern across America. The e-mails, released due to a Freedom of Information Act request by Judicial Watch, show NLRB acting counsel Lafe Solomon stating, “We screwed up the U.S. economy.” Acting NLRB General Counsel Lafe Solomon’s whining that he hasn’t received enough […]

By Bill Wilson — There has been no clearer articulation of the coming tyranny to be imposed on the once-sovereign nations of Europe — and what may be in store for the debt-addled U.S. should it fail to restore order to its fiscal house — than a […]

By Bill Wilson — It is with no small irony that Athens and Rome are among the first to fall in a new struggle that has emerged between sovereign governments and a transnational elite that seeks to shift primacy from representative bodies to international financial institutions. The […]

By Bill Wilson — Europe is once again back to the drawing board to find somebody dumb enough to guarantee the consolidated sovereign debts of the entire continent after China has rejected any bailout of the creditors of embattled nations Portugal, Italy, Ireland, Greece, and Spain (PIIGS). […]

The Halloween horror story of ObamaCare continues to unfold as Senator Mike Enzi announced that a Government Accountability Office (GAO) report showed that a program designed to help early retirees has effectively been looted by 24 organizations. The Health and Human Services (HHS) program has paid out $2.9 billion with a majority going to government entities and […]

These unilateral executive orders from the Obama administration , whether on government-backed student loans and mortgages or FDA oversight, are intended to sidestep the consent of the governed, and as a result they overstep the President’s constitutional boundaries.  Obama can rhetorically dress this up however he likes, but his actions are not predicated […]

By Bill Wilson — According to legend, in Czarist Russia, Grigory Potemkin constructed fake villages to make Catherine the Great believe that the countryside was tranquil and prosperous, when in fact it was chaotic and stricken with poverty. Such it is with government economic statistics, as evidenced […]