By Rick Manning The payroll tax debate has been and will continue to be at the forefront of the political back and forth in Washington, D.C., with Republicans continuing to agree with President Obama that a full year extension is the best alternatives, and President Obama and […]

By Rick Manning If Congress is seriously interested in finding people to cut perhaps they just need to look at those responsible for producing automobile company sales projections for the year 2025. That’s right, the Environmental Protection Agency and the Department of Transportation spent your tax dollars […]

By Kevin Mooney — Some state legislatures are taking a stand against abusive litigation practices that drive up costs for consumers and discourage business, according to a new report from the American Tort Reform Foundation (ATRF). Even as it identified “judicial hellholes” where judges apply the law against […]

By Robert Romano –One claim made by supporters of extending the payroll tax cut and unemployment benefits is that 160 million Americans will have their taxes increased if the legislation does not pass. For example by House Minority Leader Nancy Pelosi: “The payroll tax cut that the […]

By Rebekah Rast — If you ever ran a lemonade stand as a child you were aware of the basic market principles of supply and demand. If your lemonade was sold at too high a price, you likely didn’t get much business, or if you […]

By Robert Romano –The situation in Europe is constantly evolving, with a new proposal seemingly on the table every day.  Let’s take a look at which proposals are still under consideration, and which ones have been torpedoed. Off the table: 1)      ECB direct monetization (Draghi just said […]

By Bill Wilson — Obama’s Labor Department report on the unemployment rate no longer passes the smell test as an accurate indicator of economic activity.  The fact that the rate dropped almost half a percentage point to 8.6 in spite of the fact that the economy created […]

By Bill Wilson — Markets were awash with irrational exuberance on Nov. 30 upon an announcement by the Federal Reserve and other central banks to lower interest rates for “temporary U.S. dollar liquidity swap arrangements”.  Particularly, this will lower the cost of dollars in Europe, which is thought will help with any potential liquidity shortfalls there. Whether that will work or not […]

By Bill Wilson — Earlier Monday, Nov. 28, White House Press Secretary Jay Carney assured the American people that the U.S. was nowhere near bailing out European banks that had bet poorly on the sovereign debts of Greece, Portugal, Italy, and other bankrupt nations. “We do not […]

By Kevin Mooney — Manufacturing jobs are coming back to Louisiana thanks to innovations in the energy industry that pressure groups in the northeast are attempting to block. The substantial deposits of natural gas that are now available could create about 35,000 jobs in the state as key industries mobilize […]