Blog Archives

House Passes Bill to Audit the Fed. Will Dems in the Senate Follow?

rand and Harry

Congressman Ron Paul may be gone from the House, but his legacy lives on as the Republican-controlled House of Representatives voted on Wednesday to audit the fed- a longtime goal championed by the former Congressman and two-time presidential candidate. The

Posted in Economics, Government, Politics

Report: It’s YOUR Fault: Fed Says Americans Who 'Hoard Money' Are To Blame For Poor Economy

money under mattress

Despite arguments to the contrary from the Obama administration, mounting evidence suggests that the U.S. economy is rapidly falling back into negative growth territory. More Americans are out of the workforce than ever before, median household incomes are at levels

Posted in Economics, Government

If The Economy Is Recovering, Why Is The Labor Force Participation Rate At A 36 Year Low?

unemployment3

Should we be concerned that the percentage of Americans that are either working or looking for work is the lowest that it has been in 36 years? In August, an all-time record high 92,269,000 Americans 16 years of age and

Posted in Economics, Government, unemployment

BLS: Unemployed More Likely to Go Shopping on Average Day Than Look for Job

shopping

On the average day, an unemployed American is more likely to be shopping—for things other than groceries and gas—than to be looking for a new job, according to data from the Bureau of Labor Statistics. Only 18.9 percent of Americans

Posted in Economics, Government, Taxpayer Waste

Fed Reveals Rich Got Richer as the Poor Got Poorer Under Obama

poor get poorer

Reason bounces off liberals like bullets off Superman. They are impervious to any form of logic, which is why, despite their deeply flawed philosophy, they have remained relevant for so long. If the facts were laid bare, and everyone were

Posted in Economics

Why $15 An Hour To Flip Patties Is Outrageous

flipping burgers

“…I also think that there is an entitlement that is starting to emerge that I think is unhealthy for people and unhealthy for our country.” – Ashton Kutcher I’m not sure just where the entitlement mentality comes from, but it’s

Posted in Business, Economics, Government

Foreign Ownership of U.S. Government Debt Passes $6 Trillion

china house

For the first time in the nation’s history, foreign interests now own more than $6 trillion in U.S. government debt, according to the most recent Treasury Department report on major foreign holders of the debt, which includes the numbers through

Posted in Economics, Government, World News

Labor Day Exhausted: 40-Hour Work Week Grows to 47-60 Hours

long hours

The old “9 to 5” work week is becoming about as obsolete as the American Dream. A new Gallup poll finds that economically-stressed Americans are now working an “average” of 47 hours, with a growing number clocking 60 hours or

Posted in Economics

Obama Economy: Over a Third of Americans Dealing with Collection Agencies

collection agencies

Just how bad is the Obama economy? Associated Press reports that, according to a study by the Urban Institute, over 35 percent of people in the United States have unpaid bills or debts that have been turned over to a

Posted in Economics, Family

Another Reason to Defeat Democrats in 2014: They Want to Tax Energy

tax energy

Australia was recently condemned by Al Gore for pulling back from its carbon taxes. Now, the Daily Caller reports that South Korea is showing signs that it may follow Australia’s lead. We can only hope that other nations throw off

Posted in 2014 Election, Business, Economics, Energy, Taxes

Auto Loans: The Entire Subprime Crisis is About to Happen Again

auto loan

When the mortgage crisis hit, many people thought that it couldn’t take down the entire economy and bring about recession. They were wrong. So I have no way of knowing just how much damage the subprime bubble in used car

Posted in Economics, Government

If Increased Food Prices Continue, Food Trucks & Grocery Stores May Need Armed Guards

armed guards

The basic necessities in life just keep getting more expensive. On Tuesday, Hershey announced that the price of all of their chocolate bars is going to go up by about 8 percent. That is particularly distressing to me, because I

Posted in 2nd Amendment, Business, Economics