By Robert Romano Since the end of 2007, the amount of Americans working part-time has jumped 2.2 million, from 24.4 million to 26.6 million, even as the amount of people working has actually decreased by 286,000, according to the latest data compiled by the Bureau of Labor […]

By Rick Manning A unique opportunity has emerged at the World Trade Organization to end sugar subsidies once and for all. Australia, Colombia, Brazil, Paraguay, Thailand, Canada, El Salvador, the European Union and the United States have all complained to the WTO about massive sugar subsidies in […]

  By Rick Manning It is not a pleasant thing when the chickens come home to roost, things get real messy in a big hurry and you want to make certain you don’t have a fan around to avoid anything hitting it. Senate Budget Committee Ranking Member […]

By David Bozeman Will big food companies be the next target of extortion by government do-gooders?  Despite the precedent of the Big Tobacco settlement, Politico writes that such a scenario is unlikely, given the lack of a “smoking gun” to prove deliberate manipulation of the […]

By Robert Romano On March 14, the Commerce Department’s National Telecommunications and Information Administration (NTIA) issued a press release stating its intent to “transition key Internet domain name functions to the global multistakeholder community” from its current contractor, the Internet Corporation for Assigned Names and Numbers (ICANN). The plan is to “transition the current role played by NTIA in the coordination of the Internet’s […]

By Nathan Mehrens As originally published at the Salt Lake Tribune. Main Street retailers have faced tough competition from online competitors and federal government rules have worked against them. Utah Rep. Jason Chaffetz is leading an effort in the U.S. House of Representatives to find a way to restore state control over sales […]

By Robert Romano Since 2007, the amount of credit outstanding, that is all debts public and private, has increased a whopping $30 trillion to $100 trillion in mid-2013, according to the Bank for International Settlements. Half of that increase has occurred in China alone, with an increase […]

By James Hall Debt is everywhere but it just does not seem to matter. Thanks to the folks at Zero Hedge, you get the account “Global Debt Crosses $100 Trillion, Rises By $30 Trillion Since 2007; $27 Trillion Is ‘Foreign-Held’” – “Total global debt has exploded by 40 percent in just 6 short years from  2007 to 2013, from “only” […]

By Robert Romano Senate Democrats and Republicans on the Senate Banking Committee have agreed in principle on a plan to unwind the nearly $5 trillion Government Sponsored Enterprises (GSEs) and to, they say, “create a mortgage insurance fund for the system to protect taxpayers against future bailouts.” Under the proposal, S. 1217 , supported by the Obama administration, lending institutions will be […]

By Robert Romano Global debt outstanding, that is, all debts public and private, reached $100 trillion in mid-2013, the Bank for International Settlements (BIS) quarterly review revealed . Credit outstanding has grown by more than $30 trillion since the financial crisis began in 2007. When compared to data compiled by the Federal Reserve, the U.S. share […]