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 […]

By Rick Manning — The Labor Department’s green jobs training debacle unearthed by the Department’s own Inspector General reveals that the program has failed miserably to achieve its goals .  The Labor Department initially claimed that 79,854 would get jobs, while only 8,035 found employment.  Even worse, only 1,336 of the trainees who found employment still had the job six months later. […]

By Frank McCaffrey — The confused message of “Occupy Wall Street” has also hit the streets of Washington, D.C.  ALG’s Rebecca DiFede has the story.

By Robert Romano — The next depression is already here.  It is a realization this author does not come to lightly, but unless and until the capital regime formalized internationally in Basel, Switzerland in 1988 is brought to a swift conclusion as the greatest colossal mistake ever […]

By Robert Romano — Ever since the U.S. gold standard was weakened in 1913 with the creation of the Federal Reserve system, then again during the Great Depression, when the domestic supply of gold was confiscated in 1933, and finally eliminated all together by Richard Nixon in […]

By Kevin Mooney — Google is learning how to play the Washington D.C. game in a big way. This means it will likely find a way to sidestep regulatory schemes that work to the disadvantage of taxpayers and consumers. Federal records show that Google donated […]

UPDATE: The Senate passed a cloture vote which paves the way for final passage of S. 1619, the Currency Exchange Rate Oversight Reform Act, for later this week . By Adam Bitely — Some Republicans and Democrats in the Senate have found something they can agree on. And that is rattling sabers to start a trade war with China. S. 1619, the Currency Exchange Rate Oversight Reform Act , is aimed to hit the Senate floor today. The […]

By Rebekah Rast — During the Great Depression it was not uncommon to see tent cities going up around the nation. People could no longer afford their homes and didn’t have jobs so they banded together and lived in tents, often moving around in an […]

By Bill Wilson — Once again, U.S. Treasury Secretary Timothy Geithner has inserted himself into the European sovereign debt crisis — revealing that there are genuine fears that the chaos will spread over here. Last time, it occurred in May when the International Monetary Fund (IMF) proposed that unsecured bondholders of Irish debt take losses on their holdings, a plan vetoed by Geithner , as revealed by University College Dublin’s Morgan Kelly. Now, as […]