By Bill Wilson It is no mystery that the U.S. is a consumer-based economy. Approximately 71 percent of the $16 trillion Gross Domestic Product (GDP) is personal consumption. So, when consumption expenditures decline — as they did in April — by $20.5 billion, or 0.2 percent as […]

By Bill Wilson U.S. Sen. Marco Rubio came out swinging recently against the nomination of Thomas Perez for Secretary of Labor — and rightly so. “After carefully reviewing Thomas Perez’s, record, views and conduct during his confirmation process, it is clear to me he should not be […]

By Bill Wilson — It has been four years and two months since the “American Recovery and Reinvestment Act,” the so-called “stimulus,” was signed into law on Feb. 17, 2009. That day, Barack Obama told the American people he was keeping his campaign promise that he would “do all that I could to give every American the chance to make of their […]

By Bill Wilson — Remember all the infrastructure spending that was supposed to happen under the “stimulus” and other state bailouts in 2009 and 2010? The bailout included the $173.6 billion Build America Bonds program, a Treasury program subsidizing 35 percent of interest payments on state and […]

By Bill Wilson — “Listen. It was never a rule to begin with.” That was how House Speaker John Boehner responded to a question about violating the so-called “Hastert rule” in order to pass Democrat-supported legislation on guns and the budget. The rule itself, named after former House Speaker Dennis Hastert states bills will only be brought before […]

NRD Editor’s Note: This column originally appeared at Investors.com . By Bill Wilson — Government interventionists insist the free market, if left unchecked, endangers individuals and our planet. According to their collectivist worldview, profits trump safety — while “corporate greed” overshadows the greater good and the right of […]

By Robert Romano — Breitbart.com rocked the boat on April 4 when it reported that new Republican National Committee (RNC) chief of staff Mike Shields had attacked what he called the “professional right” and other groups at a meeting of the Ripon Society. Shields’ statements came in […]

By Bill Wilson — 663,000 Americans dropped out of the workforce last month. 206,000 fewer Americans were employed. 290,000 more Americans were unemployed. Yet, the headline will be that the unemployment rate dropped in March to 7.6 percent. Never has the lie of the improving Obama economy […]

By Bill Wilson — “We do not have an immediate debt crisis.” That was House Speaker John Boehner’s take on the rapidly growing $16.75 trillion national debt, speaking on ABC’s This Week . He went on to suggest that “we all know that we have one looming. And we have one looming […]

Update: The Cyprus parliament has rejected the savings tax unanimously . For now. The rejection came in spite of modifications to the proposal that would have exempted the first €20,000  ($25,894) deposited from the tax. By Bill Wilson — The Politeuro strikes again. A recent €10 billion ($13 billion) European Union (EU) and the International Monetary Fund (IMF) bailout package to prop up Cyprus’ banking system that lost billions on Greek debt comes with a very curious string […]