By Howard Rich — Like a lengthening shadow creeping across the Atlantic, the economic despair we’re witnessing in Europe is an ominous harbinger of things to come here in the United States.  The only question is whether American taxpayers will be forced into even more […]

By Rick Manning — Sometimes you really don’t want to be right. Unfortunately, that is the situation which I find myself in as the child of the debt deal, the Supercommittee, is due to submit its recommendations to cut a meager $1.2 trillion off of the national […]

By Robert Romano — On Nov. 16, the national debt surpassed $15 trillion for the first time in U.S. history to $15.026 trillion .  And at its current trajectory, it will pass 100 percent of the $15.198 trillion Gross Domestic Product by the end of the year, if not early in 2012. That’s problematic, because […]

Americans for Limited Government (ALG), the parent organization of this website, endorsed the Jobs through Growth Act as “a good start toward tackling some of the root causes of our nation’s economic stagnation.” This legislation was proposed by the House Republican Study Committee (RSC). The bill focuses on lower taxes, less […]

By Robert Romano — “If a monetary deal’s going to work, the central bank has to have unlimited powers to intervene to support economies, and indeed banks, to prevent collapse.” That was how the UK’s Business Secretary Vince Cable, a Liberal Democrat, put it on the BBC , speaking on the European Central Bank (ECB).  He was basically complaining that Article 123 of the Lisbon Treaty , which created the […]

By Robert Romano –The ascendancy of new Italian Prime Minister Mario Monti, along with the European Union’s latest efforts to overthrow the Greek government will not necessarily fix the fundamental underlying problems of the European debt crisis. For example, increasing the retirement age of women from now 60 years old to begin rising in 2014 to only reach 65, and then only in 2026 , or overall raising the retirement age for men to 67 in 2026 and 70 in 2050 , will hardly move […]

By Bill Wilson — There has been no clearer articulation of the coming tyranny to be imposed on the once-sovereign nations of Europe — and what may be in store for the debt-addled U.S. should it fail to restore order to its fiscal house — than a […]

By Robert Romano — Moody’s recently announced that the quality of credit in the state and local municipal bond markets is deteriorating, which credit downgrades outpacing upgrades by 5.3 to 1.  This led BigGovernment.com writer Chriss W. Street to proclaim that “The Municipal Bond Market is Imploding” . A more accurate headline might […]

By Rick Manning — 125,000 jobs created. That’s how many new jobs our economy needs to create each month just to keep up with the normal growth of the population. That’s why President Clinton Labor Secretary Robert Reich termed the October unemployment numbers, “I wish there were light at the […]

DEVELOPING… The unemployment rate improved slightly in October to 9.0% . Only 80,000 jobs were added, far below the 100,000 that Department of Labor officials had hoped for.