Another week, another government bailout. In light of a 50 state joint investigation into the alleged improper filing of foreclosure claims by financial institutions, several Capitol Hill lawmakers are now calling for a national moratorium on the entire foreclosure process. Those include embattled Representatives Alan […]

By Kevin Mooney — While speaking at a National Press Club (NPC) luncheon in September, Sen. John Cornyn (R-Texas) predicted his party would win the U.S. Senate race in West Virginia in an upset and not without good cause. The Real Clear Politics average has Joe Manchin, the state’s […]

Can the U.S. pay off the national debt without printing more money? By mid-August, 2011, the Federal Reserve will hold over $1 trillion of the $13.6 trillion U.S. national debt, making it the largest holder in the entire world, greater than Japan or China . Right now it holds over $821 billion worth of treasuries , roughly equal […]

By Kevin Mooney — Left wing activists who organized the “One Nation Coming Together” event at the Lincoln Memorial earlier this month as a rejoinder to Glenn Beck’s “Restoring Honor” rally fell flat in terms of attendance, energy and enthusiasm. Even the New York Times […]

By Frank McCaffrey – The economy is in bad shape and congressional approval ratings are low. Yet the members of congress have granted themselves a huge amount of money. Reporter Frank McCaffrey has the story on this raise in salary.

Here’s a “shocker”: U.S. companies that operate overseas are keeping profits there and investing rather than repatriating the profits — because of punitive taxation. According to Frank Aquila at Bloomberg News , there may be as much as $1 trillion of U.S. profits overseas that are simply not being repatriated. Why? Because […]

NRD Editor’s Note: This is the first part of a continuing series examining the battleground races in 2010 midterm elections. It’s no coincidence that the battleground states in the 2010 midterm elections are also states that have been severely hit by the Great Recession. If […]

By Howard Rich – No public official has been more integrally involved in the federal government’s “Great Intervention” than U.S. Federal Reserve Chairman Ben Bernanke. Over the course of three years (and two administrations), Bernanke has aggressively and successfully lobbied for trillions of dollars in […]