By Robert Romano — “The fact is, we are already bailing out Europe.” That was Americans for Limited Government (ALG) President Bill Wilson ’s take on a recent Congressional Research Service (CRS) report published in September that showed the International Monetary Fund (IMF) has already dispensed €78.5 billion to the creditors of Greece, Portugal, and Ireland, or about $112 […]

Interesting revelation from Obama. Apparently the state of the economy has “always” been his “responsibility.” Could have sworn he blamed the economic problems in the U.S. on someone else for years…

By Robert Romano — Responding to criticism that the Federal Housing Finance Administration (FHFA) is not doing enough to deal with the ongoing economic downturn in housing, the Obama Administration is firing back that it is working within the limits set forward by Congress. Democrat members of […]

By Howard Rich — Ireland’s refusal to bow to Eurozone pressure on tax hikes has resulted in slow but steady economic growth on the Emerald Isle — while Greece’s insistence on tax hikes in lieu of tougher “austerity” measures has crippled its economy and threatened […]

By Bill Wilson — According to legend, in Czarist Russia, Grigory Potemkin constructed fake villages to make Catherine the Great believe that the countryside was tranquil and prosperous, when in fact it was chaotic and stricken with poverty. Such it is with government economic statistics, as evidenced […]

By Bill Wilson — Were it not so deadly serious, the spectacle in Europe would be a sure bet for the top slot on Comedy Central’s fall line-up. With each passing day, the twisted machinations of the “Eurocrats” and their underlings in the banks become more absurd. […]

By Robert Romano — Those concerned about the ongoing debt crisis in Europe — and its potential spreading to the U.S. — should pay close attention to a meeting between French and German leaders this weekend. At issue are the terms of leveraging the €440 billion European […]

By Frank McCaffrey — The Greek Prime Minister looks to make cutbacks and it sparks protests. ALG’s Robert Romano says this doesn’t surprise him and says there are similarities with Occupy Wall Street and the Wisconsin protests. Reporter Frank McCaffrey has the story.

By Rick Manning — Dec. 28, 1976, graveyard shift, 7-11 store on La Sierra Boulevard in Riverside, California. That’s when I had a rifle stuck in my face by four thugs who wanted the $40 in the register.  They took me to the back of the store […]

By Bill Wilson — Germany would rather the periphery of the Eurozone collapse into cascading defaults before it ever again weakens its currency. That is at least the impression one gleans from a recent UK Telegraph piece by Ambrose Evans-Pritchard , who wrote, “Any such attempt to correct North-South imbalances from both ends requires an […]