By Robert Romano — Since the financial crisis began in Aug. 2007, one of the puzzles surrounding the Federal Reserve’s quantitative easing program — i.e. money-printing — has been why it has not led to high levels of consumer price inflation minus food and energy. In the […]

By Robert Romano — One issue certain to come up at the Oct. 11 vice-presidential debate between Paul Ryan and Joe Biden will be the sorry state of the nation’s finances, with a national debt of $16.161 trillion and rising. For Ryan, this presents a unique opportunity […]

By Robert Romano — “The average middle-class family with children would pay about $2,000 more. Now, that’s not my analysis; that’s the analysis of economists who have looked at this.” That was how Barack Obama described Mitt Romney’s tax plan to millions of potential voters at the […]

By Robert Romano — At $16.1 trillion , the U.S. debt-to-Gross Domestic Product (GDP) ratio now stands at about 103 percent, an alarming figure reflecting that the national debt is now larger than the entire economy. Yet the interest rate on ten-year treasuries is just 1.7 percent as of this writing . Across the Pacific, Japan has an even higher debt-to-GDP ratio of 208 […]

By Robert Romano — South Carolina Senator Lindsey Graham has beef with the Obama Administration. He denounced an Obama ploy to reimburse the legal fees of defense contractors that do not follow federal requirements to give 60 days notice to employees of layoffs. The layoffs are set […]

By Robert Romano –Here’s a new one. Speaking at the Economic Club of Indiana in Indianapolis on Oct. 1 , Federal Reserve Chairman Ben Bernanke claimed that quantitative easing and lower interest rates actually help savers. How? Well, certainly not by offering any tangible return on actual savings. Said Bernanke, “My colleagues and I know that people who rely […]

By Frank McCaffrey — Barack Obama seems to think you believe he will actually pay off the national debt.

By Robert Romano — Who is that masked man, and what has he done with Mitt Romney? The more one sees and reads of Mitt Romney’s impromptu hidden camera question-and-answer session with donors in Boca Raton, Florida from May, the more one wonders why we have not […]

By Rick Manning As originally published at TheHill.com. Events have overtaken the news appeal of the Chicago teachers union strike as the public’s attention has rightfully moved on to Libya, Egypt and even perhaps the Federal Reserve’s QE3 announcement. However, the Chicago public employee strike has the potential to be as damaging […]

By Robert Romano — A much-anticipated constitutional court decision in Germany has cleared the way for the €500 billion European Stability Mechanism (ESM) —  the bailout of bankrupt governments in Portugal, Greece, and Ireland that cannot or will not get their fiscal houses in order. While investors […]