09.23.2010

Baghdad Bob Returns

“There are no American soldiers in Baghdad,” Iraq’s Information Minister famously proclaimed on then Iraqi state-run media, even as U.S. forces were descending into the capital city after Operation Iraqi Freedom began in March 2003. It was one of the last broadcasts of a dying […]

09.22.2010

Recovery Summer and Stimulus: Oklahoma

Continuing on the Recovery Summer and Stimulus: State by State , we head to Oklahoma. Quick Oklahoma facts: In January of 2009, the unemployment rate in Oklahoma was 5.0%. As of July 31, 2010, the unemployment rate was 6.9%–a net increase of almost 2%! (Source: Bureau of Labor Statistics ) According to Recovery.gov, Oklahoma has received […]

09.21.2010

Economics 101: Indexing the Capital Gains Tax to Protect Taxpayers from Inflation

09.21.2010

Recovery Summer and Stimulus: Idaho

Continuing on the Recovery Summer and Stimulus: State by State , we head to Idaho. Quick Idaho facts: In January of 2009, the unemployment rate in Idaho was 6.7%. As of July 31, 2010, the unemployment rate was 8.8%–a net increase of 2.1%! (Source: Bureau of Labor Statistics ) According to Recovery.gov, Idaho has received 1,778 […]

09.20.2010

Ballot Initiative Aimed Against Calif. Global Warming Law Interlinked with Tea Party, Koch Brothers

By Kevin Mooney — A California ballot initiative that could potentially unravel the anti energy policies Gov. Arnold Schwarzenegger signed into law four years ago is the subject of a report aimed against free market groups. Charles and David Koch described here as the “billionaires from […]

09.20.2010

Recovery Summer and Stimulus: Week in Review

Continuing on our series to investigate how the “Summer of Recovery” and the “stimulus” affected the economies of all 50 states, we covered Oregon , Maryland , Kentucky , Arizona and Virginia over the past week. As we have been finding all along, any signs of a “recovery” are yet to […]

09.20.2010

The $15 Trillion Debt Cap

On the September 16th edition of On the Record with Greta Van Susteren , fiscal hawk Republican Senator Judd Gregg warned that if the $13.4 trillion national debt is not reined in, that the economy would implode. When asked, he said, “That’s exactly what’s going to happen.” When? Said Gregg, “Sooner rather than later.” Gregg predicted that “we’re […]

09.20.2010

Recovery Summer and Stimulus: Montana

Continuing on the Recovery Summer and Stimulus: State by State , we head to Montana. Quick Montana facts: In January of 2009, the unemployment rate in Montana was 5.6%. As of July 31, 2010, the unemployment rate was 7.3%–a net increase of 1.7%! (Source: Bureau of Labor Statistics ) According to Recovery.gov, Montana has received 2,227 […]

09.17.2010

Recovery Summer and Stimulus: Virginia

Continuing on the Recovery Summer and Stimulus: State by State , we head to Virginia. Quick Virginia facts: In January of 2009, the unemployment rate in Virginia was 5.7%. As of June 30, 2010, the unemployment rate was 7%–a net increase of 1.3%! (Source: Bureau of Labor Statistics ) According to Recovery.gov, Virginia has received 5,032 […]

09.17.2010

Is the Double-Dip Coming?

Despite unprecedented fiscal and monetary “stimulus,” the global economy may be dipping again. Not just confined to the U.S., the economic slowdown appears to be a worldwide phenomenon, according to the Organization of Economic Cooperation and Development (OECD). As the OECD said in its report , “[r]ecent high frequency indicators point to […]

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