By Bill Wilson – The nation is risking a fiscal calamity that threatens a catastrophic default on the $14.2 trillion national debt and the collapse of the dollar as the world’s reserve currency.  If something is not done to bring the nation’s fiscal house into order, soon […]

By Bill Wilson – On March 29, House Republicans led by Conference Chairman Jeb Hensarling unveiled a piecemeal approach to bringing an end to government control of mortgage markets that includes winding down Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac. In 2008, Congress and the Bush Administration placed Fannie and Freddie into conservatorship as the firms descended into insolvency. Since then, the government bailout has cost taxpayers […]

By Bill Wilson – Barack Obama is the unilateral president. He does what he wants, when he wants, and Congress — and the people — be damned. The examples are too numerous to ignore. Recently, Obama ordered an attack on Libya without so much as consulting with […]

By Bill Wilson – Right now, the world is lost in a sea of black swans — any of which, if they unfurl their wings and fly, could potentially derail the global economic recovery and lead to massive government defaults on sovereign debt. Bloomberg News’ William Pesek […]

By Bill Wilson – On Jan. 15, 2011, Barack Obama nominated for the 2nd Circuit Court of Appeals, Susan Carney, Deputy General Counsel for Yale University. She has been voted out of the Judiciary Committee, and currently is awaiting full Senate consideration. But, not so fast. Unfortunately, […]

By Bill Wilson – On Mar. 12, the European Union (EU) reached an agreement to create a permanent €440 billion bailout fund to support troubled sovereigns like Portugal, Ireland, Greece, and Spain (PIGS). Despite a lot of talk of making the “senior bondholders” pay part of the […]

By Bill Wilson – The Department of Labor’s unemployment report is dramatically at odds with Gallup and other non-partisan employment rate predicting surveys.  If the Labor Department is to be believed, the job market is improving rapidly with almost a million jobs created in the private sector with […]

By Bill Wilson – A misleading story from the New York Times published Mar. 1, “ Majority in Poll Back Employees in Public Sector Unions ” once again shows the lengths the mainstream media will go to come to the rescue of the public sector unions, this time in Wisconsin. “Americans oppose weakening the bargaining rights […]

By Bill Wilson – On Feb. 25, the people of Ireland headed to the polls to elect a new government for the first time since the nation accepted an €67.5 billion bailout from the European Union (EU) and International Monetary Fund (IMF). The result is widely expected […]

By Bill Wilson – National Review’s Deroy Murdock is reporting that Senator Tom Coburn has discovered over $703 billion in unobligated federal funds in the Obama budget that ‘have not yet been committed by contract or other legally binding action by the government,’ according to the Office of Management and Budget . This includes $16.4 billion for the Department of Labor, $25.2 billion for Housing and Urban Development, and $309.1 billion of unspent TARP […]