Dept. of Homeland Security shutdown looms, would idle 15% of workforce
In a move that could have ramifications for domestic anti-terrorism efforts, US House Speaker John…
Browsing: Economy
China and Russia to launch new credit rating agency in 2015
The new Universal Credit Rating Group (UCRG) is being set up to rival the existing…
Total US debt soars to nearly $60 trn, foreshadows new recession
America – its government, businesses, and people – are nearly $60 trillion in debt, according…
New EPA Regulations Set to Take Drastic Toll on Economy
EPA draft regulations released this week mandate power plants cut carbon emissions by 30 percent…
Israel Eyes Becoming a Cashless Society
A special committee headed by Prime Minister Benjamin Netanyahu’s chief of staff, Harel Locker, has…
Oklahoma prohibits towns from setting own minimum wage standards
No city or county in Oklahoma will be allowed to set their own mandatory minimum…
Inequality gap between super rich and poor continues to widen
Things aren’t getting much better for the gap between America’s rich and poor: a new…
Yet another banker jumps to his death: Patterns emerging?
By Joseph P. Farrell Many of you continue to send me articles, and for this…
Washington Is Creating Jobs in China, Not America
By BENJAMIN CLEMENT The thing American politicians like about a free market is that it…
Deep divisions over TPP as US pressures to close controversial deal – WikiLeaks
The US is ramping up pressure to secure a Trans-Pacific Trade Deal with conditions that…
US government “profits” from student loans in 2013 surpassed $41 billion
The US government made enough profit off of student loans in the last year to…
FED official responsible for quantitative easing: ‘It was the greatest backdoor Wall Street bailout’
A former Federal Reserve employee responsible for managing the agency’s quantitative easing program has written…
Plan B: Central banks getting ready for financial Armageddon
If the US debt-ceiling debate goes past the eleventh hour, and the default of the…
Key creditor China begins acting to hedge against US default
Hong Kong has sent the first sign from Asia that the region is creating extra…
China urges US to avoid bankruptcy
As the Government shutdown in the US enters its second week, the country is just…
Debt doomsayer: Treasury forecasts ‘back to 2008 recession or worse’ if US defaults
The US government default caused by the ongoing budget standoff in the Congress could have…
TPP: The Most Sinister Corporate Power Grab Yet
By Diane Petryk-Bloom Imagine. While some of us are working to curtail fracking, assure GMO…
10 ways govt shutdown would hurt America
With the threat of a federal government shutdown hanging over the US economy, here is…
Osborne Plans Fuel Duty Freeze Until 2015
Fuel duty will be frozen until 2015 if the money is available, George Osborne has…
The American Economy is Not a Free-Market Economy
Crony Capitalism in America, 2008-2012. By Hunter Lewis Those of us who favor the free…
Time to internalize those externalities and get prices right
By Hazel Henderson An “externality” is code in economics jargon meaning any cost of producing…
Pentagon too broke to buy a new fax machine
The United States went ahead with major spending cuts earlier this year, slicing around $85…