By Bill Wilson — With the radical anti-bailout party Syriza leading polls in Greece and set to pull off a major upset in June 17 parliamentary elections, all speculation about the future of Europe is centered on whether or not Greece will leave the Eurozone as the […]

As originally published at Investor’s Business Daily . By Howard Rich — The euro zone isn’t the only economy reeling from “failed states.” The United States has several of its own — most notably California and Illinois. According to the CIA’s world factbook, California’s economy is the ninth largest in the world […]

By Bill Wilson — As the global financial crisis has spread from defaulting mortgages, to crashing mortgage-backed securities, to interbank contagion, to then a full-blown sovereign debt crisis, the  apologists for the Keynesian order have pretty much had their way  in responding to the economic fallout. They […]

By Rick Manning — Headlines blared over the weekend that Obama was winning his way by convincing the G-8 countries (U.S., Germany, Japan, United Kingdom, Italy, France, Canada and Russia) to pursue a policy of “growth” rather than “austerity” in dealing with the crushing sovereign debt crisis […]

By Howard Rich — For the third straight spring, the American economy is experiencing a “failure to launch.” Our nation’s unemployment rate continues to inch lower — from 8.2 percent in March to 8.1 percent last month – but it’s dropping for all the wrong […]

By Rick Manning — Astonishingly, the unemployment rate dropped again in April even though there are 169,000 fewer Americans employed than in March.   Equally incredibly, in spite of there being more than 8 million more people in the working age population, 319,000 fewer Americans have jobs today […]

By Bill Wilson — Obama’s idea of a recovery is when 522,000 Americans give up on getting a job, and drop out.  His claim that the unemployment rate has ‘dropped’ to 8.1 percent is either a delusion or a purposeful manipulation.  The truth is that there were […]

By Bill Wilson — The U.S. Treasury on May 2 postponed a decision on whether to issue a new type of debt that would allow interest rates to float with market conditions. These would be like an adjustable rate mortgage, except for sovereign debt, wherein interest rates would adjust over time instead of being at a […]

By Rick Manning — The monthly release of the nation’s unemployment rate is due out from the U.S. Department of Labor on May 4 amidst a gathering storm of skepticism about the meaning of the reported unemployment rate and gloom about what appears to be a stalling […]

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 […]