By Bill Wilson — On Aug. 20 Greece must make a bond payment of €3 billion that it owes to the European Central Bank, but it does not have the money. So, it will be getting its loan from none other than the European Central Bank (ECB), […]

By Rebekah Rast — Corporate welfare to favored businesses and industries has swelled in this country. Both sides of the political aisle like it and are equally responsible for it. No matter the consequences or cost to taxpayers, corporate welfare is scattered throughout our nation’s […]

By Bill Wilson — Obama has declared war on the private ownership and financing of American industry. Obama handed over much of Chrysler and GM to the autoworkers union while destroying bondholders’ stake in the companies. That is hardly a model for job growth in America, and […]

By Rick Manning — The Congressional Budget Office provided a glimpse at the 10-month mark of the federal fiscal year 2012, and the results are grim. Outlays are virtually the same through 10 months of 2012 as they were in 2011 at $3 trillion and revenues collected […]

By Robert Romano — On July 31, Federal Housing Finance Agency (FHFA) acting director Edward DeMarco once again rejected an Obama Administration plan to bail out borrowers who owe more on their mortgages than their homes are worth, citing cost concerns. The FHFA, which administers the government’s conservatorship of Government Sponsored Enterprises (GSEs) Fannie Mae and Freddie Mac, undertook an analysis of the program, showing reductions of […]

As originally published at TheHill.com. By Rick Manning — The monthly release of the nation’s unemployment data never ceases to amaze and, in some perverse way, amuse. Here are just a couple of examples that just make you scratch your head. The unemployment rate for all workers went up to 8.3 percent in the […]

As originally published at RealClearMarkets.com. By Robert Romano — The Federal Reserve shocked markets on Aug. 1 when it decided to do nothing . Do nothing new, that is. Particularly, no QE3 — i.e. a third round of quantitative easing, or printing money to purchase U.S. treasuries and other securities. Markets immediately started tanking, and continued, through Aug. 2 before finally recovering on Aug. 3. Traders […]

The unemployment report is up to 8.3 percent. Bill Wilson , president of Americans for Limited Government responded: The economic bad news of Obama’s failed economic plan keeps cascading down on the American people.  Today’s unemployment rate of 8.3 percent is shocking in that it is not […]

By Bill Wilson — Sep. 2012 looks to be an interesting month, with a confluence of factors that pose considerable downside risks not just for the U.S., but the global economy — any of which could send us, with anemic growth of just 1.5 percent for the […]

By Bill Wilson — With the tepid 1.5 percent annualized growth in the Gross Domestic Product (GDP) for the second quarter of 2012 in the U.S. reported by the Bureau of Economic Analysis , it is official. We’re Japan. Where no matter how much money we print via the Federal Reserve’s so-called quantitative easing, […]