A Comeback for Gold-Backed Money?
Dees Illustration Andrey Dashkov Casey Research Several legislative initiatives caught our attention recently. All of them are related to the monetary role of gold and…
Economy
Free Trade Theory Known to be Wrong—Since 1817!
Ian Fletcher Activist Post The economic argument for free trade is ultimately based on the theory of comparative advantage, invented by David Ricardo in 1817….
US trade gap hits seven-month high
© AFP/Getty Images/File AFP WASHINGTON (AFP) – The US trade deficit struck a seven-month high in January as imports from China surged and oil prices…
US budget deficit hits record in February
AFP The United States scored a record $222.5 billion public budget deficit in February © AFP/File Shawn Thew WASHINGTON (AFP) – The United States scored…
Debit cards: $50 spending limit coming?
Wikimedia Commons CNN Money NEW YORK (CNNMoney) — Declined! Your debit card may soon be denied for purchases greater than $100 — or even as…
EU paralysis drives fresh bond rout
Political paralysis in Brussels and monetary tightening by the European Central Bank has set off a fresh spasm of the eurozone bond crisis, pushing spreads…
Stealing from Social Security to Pay for Wars and Bailouts
Banksters Looting SS Paul Craig Roberts Prison Planet The American Empire is failing. A number of its puppet rulers are being overthrown by popular protests,…
Protectionism of the Future vs. Protectionism of the Past
Ian Fletcher Activist Post Protectionism is frequently tarred as a backward-looking policy which merely preserves yesterday’s jobs at the expense of tomorrow’s. This is…
Australia’s Gillard to US: Don’t fear China’s rise
Julia Gillard pleaded for US engagement in the Asia-Pacific region © AFP Saul Loeb AFP WASHINGTON (AFP) – Australian Prime Minister Julia Gillard on Wednesday…
Geithner argues for more US foreign program funds
US Secretary of Treasury Tim Geithner © AFP Saul Loeb AFP WASHINGTON (AFP) – US Treasury Secretary Timothy Geithner on Wednesday urged a skeptical Congress…
Pentagon accounting problems ‘serious’: Treasury
© AFP/DOD/File AFP WASHINGTON (AFP) – The US administration is taking a hard look at problems in the Defense Department’s accounting, after a report called…
Does Free Trade Cause a Race to the Bottom? Yes and No.
Ian Fletcher Activist Post The notorious “race to the bottom,” in which free trade causes the lowest standard in the entire world for wages, working…
Flying Blind
Greg Hunter USA Watchdog Last Friday, the Bureau of Labor Statistics (BLS) reported the economy created 192,000 new jobs and the unemployment rate fell to…
Flying Blind
Greg Hunter USA Watchdog Last Friday, the Bureau of Labor Statistics (BLS) reported the economy created 192,000 new jobs and the unemployment rate fell to…