12.11.2013

7 percent unemployment… happy days are here again, right?

By Nathan Mehrens Even with winter storms sweeping across the nation the economic news from Washington D.C. is coming up roses, with the U.S. economy creating more than 200,000 new jobs in November for the second straight month and the national unemployment rate dropping to […]

12.10.2013

Obama’s class warfare claptrap

By Robert Romano On Dec. 4, President Barack Obama in a major speech on economic policy spoke of “a dangerous and growing inequality and lack of upward mobility that has jeopardized middle-class America’s basic bargain.” He thinks it is income inequality that is holding back regular Americans. […]

12.09.2013

Unemployment rate is meaningless

Government Spending Will Help

By Rick Manning The headlines read that the unemployment rate has dropped to its lowest point since Obama took office. This is a case where a headline can be 100 percent true and completely wrong in its implications. If the unemployment rate drop from 7.3 percent down […]

12.09.2013

The tyranny of branding

By Marta H. Mossburg Has anyone noticed that your brand has replaced yourself? First impressions have always been important, but became critical to survival when Americans left the farm for the city and needed to get a job from someone they were not related to […]

12.06.2013

Why fast food workers should really protest

By David Bozeman Fast food workers, prodded on by a top down effort by union organizers, yesterday protested in many locations demanding a minimum wage of at least $15 an hour and, of course, union representation, among other demands.  Kendall Fells, representing the SEIU-backed Fast […]

12.04.2013

Destroying entry level jobs and teen opportunity

By Rick Manning Fast food restaurants will get the joy of having labor unions stage protests demanding an increase in their worker’s wages and more than doubling the overall federal minimum wage this week. Everyone wants to make more money, so what could go wrong? Perhaps it […]

12.03.2013

No way out of Fed’s QE trap

By Robert Romano It took a little while, but the selloff of U.S. treasuries abroad has ceased for now in August and September — a record $127.4 billion was sold between March and July. It had marked the largest drop in foreign holdings of treasuries on record, […]

12.02.2013

Black Friday: Lessons from Walmart

Walmart Logo

By Rick Manning Retailers know that the Friday after Thanksgiving has been the traditional bellwether for whether the year is going to be profitable. So do labor unions and their organizers, which explains why groups like the United Food and Commercial Workers (UFCW) International Union among others […]

11.26.2013

Fed’s $1 trillion a year subsidy to banks to continue under Yellen’s watch

By Robert Romano With the filibuster against most presidential nominees now eliminated — well, sort of, Senate Democrats did not actually amend the rules , they just voted to pretend they don’t exist — the confirmation of Janet Yellen to be the next chair of the Federal Reserve is all but certain. Which is too […]

11.20.2013

Was Jack Welch right? Whistleblower alleges Obama administration cooking jobs data

By Robert Romano Jack Welch might have been right all along. An anonymous whistleblower in a New York Post column by John Crudele is alleging  that unemployment jobs data in the current population survey conducted by the Census Bureau and the Bureau of Labor Statistics was manipulated in 2012 to help Barack Obama get reelected. According to the source, specifically, the Oct. 5, 2012 jobs report was faked — […]

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