By Bill Wilson – In 2008, there were two competing wisdoms about what to do about failing financial institutions in the wake of the economic crisis. The first said to do nothing and allow institutions that behaved irresponsibly and became overleveraged during the housing bubble to fail. […]

By Robert Romano – It is time to stop kicking the can on the $13.8 trillion national debt. Sharp spending cuts, the elimination of corporate welfare and subsidies, and a flattening of the tax code at lower rates are all needed to bring America’s fiscal house into […]

By Bill Wilson – All year long, Congress has failed to address the budget. Instead, the government is currently operating on a continuing resolution that expires in less than ten days. So, it needs to pass another one just to keep the government running, like the one that passed the House on December 8th . The House-passed […]

By William Warren – My latest cartoon looks at the roof collapse of the Metrodome in Minneapolis and also comments on how our nation’s debt in Washington will collapse the country.

By Kevin Mooney — Washington D.C. media elites who are always quick to regurgitate the spin from far-left environmental pressure groups should carefully consider the counter arguments of government officials in underdeveloped regions of the world. Industrial activity that could help lift third world populations […]

By Bill Wilson – Congress has a huge dilemma. As it considers whether or not to approve legislation that will prevent tax increases for all Americans for two years, cuts Social Security payroll taxes for employees, and extends unemployment benefits, it has to choose between two very […]

In a rare press conference from the most transparent administration in history, Obama promised today that the unemployment rate will be going down. This announcement comes on the heels of the unemployment rate increasing to 9.8% last week . According to Obama, when asked by a Bloomberg reporter , “My expectation is that the unemployment rate is going […]

By Adam Bitely – Last week, Hal Scott, a professor of international finance at the Harvard School of Law, brought to light that the Obama administration is making troubling moves in regard to their acceptance of sovereign default. With bailouts of the EU from the U.S. swirling about , creditors should be concerned that they will never see […]

By Bill Wilson – The only credible way to seriously address the debt crisis is through spending cuts, not tax increases, says the International Monetary Fund (IMF). In a recent study, the IMF writes , “the tax burden is already high in several advanced economies, which means that a large part of the adjustment […]

Back in 2008, Zimbabwe congratulated the U.S. and the Federal Reserve for taking steps similar to those taken by the central bank of Zimbabwe, which led to 79,600,000,000% inflation : As Monetary Authorities, we have been humbled and have taken heart in the realization that some leading Central Banks, including those in the USA and the UK, are […]