Archive for: congress

Fear the Reaper

Fear the Reaper

It’s been a hell of a run. The economy is back on track. A new survey from the National Association for Business Economics suggested that jobs were coming:...

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Raising the Debt Ceiling

Raising the Debt Ceiling

The United States government seems to enjoy spending our money with the zeal of a rap star. They like it so much, in fact, that they’re going to need a little...

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Rep. Carolyn McCarthy readies gun control bill

Politico | One of the fiercest gun-control advocates in Congress, Rep. Carolyn McCarthy (D-N.Y.), pounced on the shooting massacre in Tucson Sunday, promising to...

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Labor Force Participation Rate Drops To Fresh 25 Year Low, Adjusted Unemployment Rate At 11.7%

Labor Force Participation Rate Drops To Fresh 25 Year Low, Adjusted Unemployment Rate At 11.7%

Tyler Durden Zero Hedge Friday, January 7, 2011 While today’s unemployment number came at a low 9.4%, well below expectations, the one and only reason for...

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Why Don’t Conservatives Oppose the War on Drugs?

The war on drugs is a failure. According to the latest National Survey on Drug Use and Health conducted by the Substance Abuse and Mental Health Services Administration:...

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Ron Paul Puts the Fed In the Crosshairs

Ron Paul Puts the Fed In the Crosshairs

If this isn’t Ben Bernanke’s worst Congressional nightmare, I don’t know what is. His arch-nemesis, Ron Paul, author of “End the Fed,”...

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Always Bet Against the Suckers

Always Bet Against the Suckers

A successful investor always has their own proprietary economic indicators, ones they’ve developed through personal observations in everyday life. Less about...

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We Are All German Jews Now

The introduction of so-called porno scanners at America’s airports and the egregious pat downs of airline travelers have turned every American into a German Jew....

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The Fed Thinks you’re Stupid

Consumer prices are going up… but there’s no inflation, says the Fed. Not only do they want you to believe that, they want you to believe they’ll...

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Deficit Reduction Plan Promises Painful Prescription For U.S.

A bipartisan White House commission this week announced a sweeping proposal to slash the federal deficit by hundreds of billions of dollars a year by taking aim...

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Ben Plans, Commodities Soar

Welcome to the Wealth Daily Weekend Edition— our insights from the week in investing and links to our most-read Wealth Daily and sister publication articles....

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Your Wallet and the 2010 Election Tsunami

It wasn’t exactly pitch forks and torches yesterday, but after an election cycle of heated debates, the electoral tsunami finally arrived. Using the power...

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