On June 5, the House passed via voice vote an amendment to HR 5325 by Rep. Jeff Landry that would defund a “green” energy propaganda campaign by the federal government. It was supposed to encourage us to get off fossil fuels and on to “cleaner” […]

By Robert Romano — Right now, in Europe, stronger economic powers like Germany are deciding whether or not to fire up the presses at the European Central Bank to monetize the debts of their southern neighbors, importing their inflation in return. So far, Chancellor Angela Merkel has […]

By Frank McCaffrey–ALG President Bill Wilson looks at our near $16 trillion national debt and what it means for us. He also analyzes how we got here in the first place. Check this out and then speak up.

By Robert Romano Remember the hype of the so-called Tea Party Republican freshmen class of 2010, a group that promised to restore fiscal sanity to Capitol Hill? House Republicans pledged in 2010 to “put us on a path to balance the budget and pay down the debt”. Well, it appears […]

By Robert Romano — Here we go again. Speaking to the Peter G. Peterson Foundation 2012 Fiscal Summit on May 15 , House Speaker John Boehner once again called for offsetting spending cuts in return for increasing the $16.394 trillion debt ceiling later this year. This follows the failed attempt in 2011 to do precisely the same thing. All the […]

By Robert Romano — When Greece entered the Eurozone in 2001, it was with the promise that the common currency would benefit the Greek economy, facilitating trade and commerce, and crucially, lead to lower cost borrowing both privately and by the government. Now, more than ten years […]

By Bill Wilson –By mainstream media accounts, the presidential election in France and parliamentary elections in Greece on May 6 were overwhelming verdicts against “austerity” measures being implemented in Europe. There is only one problem. It is a lie. First off, austerity was never really tried. Not really. In France for example, according to Eurostat , annual expenditures have actually increased from €1.095 […]

By Frank McCaffrey–“Babe” Ruth made more money than the President of his time but he was probably more valuable than Herbert Hoover. Maybe our leaders should look at sports and private industry then say, we aren’t worth it! Reporter Frank McCaffrey has the story.

By Robert Romano — If the most recent polls are any indication, Richard Mourdock is likely to be the Republican Party nominee in Nov. for the U.S. Senate seat in Indiana. In a head-to-head matchup with long-serving Sen. Richard Lugar, Mourdock, the state’s treasurer, has a ten […]

By Robert Romano — Feb. 9, 2012. You can put it in the history books now. That was the day the $15.6 trillion national debt surpassed 100 percent of the $15.4 trillion Gross Domestic Product (GDP). Based on the latest data by the Bureau of Economic Analysis, the economy just grew by $142.2 billion in the […]