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 […]

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 — […]

By Pat Carlson and Cathie Adams The United Nations’ climate change meeting began on Nov. 11 in Warsaw, Poland, to discuss “global warming,” but when the globe stopped warming 16 years ago, the UN Framework Convention on Climate Change was forced to reveal its real […]

As originally published by TheHill.com on 11/18/2013  by Rick Manning Crain Communications Automotive News reports that more than 800,000 Volkswagen Tiguan’s are being recalled worldwide based upon 26 complaints received from consumers that the lights in the vehicle go out due to a fuse problem. This is not […]

By Robert Romano Since August 2007 when the financial crisis began, the Federal Reserve has expanded its balance sheet by more than $3 trillion, including $1.35 trillion of U.S. treasuries and $1.43 trillion of mortgage-backed securities. It was “an unprecedented shopping spree,” says the former Fed official […]

By Robert Romano Since 2009, the civilian non-institutional population 25 to 64 years old has increased by 4.01 million as of September 2013, according to data compiled from the Bureau of Labor Statistics. Almost half of them, more than 1.6 million, are between the ages of 25 and 34 , but there’s a big problem. Only 47 percent, or 779,000 of them have entered the labor force , that is, either […]

By Robert Romano Throughout much of October, during the partial federal government shutdown, some 700,000 federal workers were furloughed.  Yet, according to data compiled by the Bureau of Labor Statistics, even though they were not working, they were not unemployed, either. Sure enough, the government’s data shows […]

By Robert Romano The economy grew at a 2.8 percent annualized rate in the third quarter, reports the Bureau of Economic Analysis , up from 2.5 percent in the second quarter and 1.1 percent in first quarter. Meanwhile, personal consumption has steadily slowed down the past three quarters from 2.8 percent, to 1.8 […]

By Rick Manning Ending sugar subsidies makes sense if done the right way. The right way is to create a pathway for ending the subsidies that allows the U.S. sugar farmers and industry to compete in a free and open marketplace, winning or losing market share based […]

By Bill Wilson Reuters on Oct. 30 blared the headline “U.S. Treasury lashes out at Germany, says export dependence hurts global economy,” highlighting a new semiannual report to Congress from the Treasury’s Office of International Affairs urging trade surplus nations like Germany and China to increase domestic demand. Why? The reasons vary. In the case of Germany, […]