The wrong-headed socialist policies of the Obama administration will come home to roost. Socialism never works, yet politicians continue to practice it because it appeal to the masses wins votes
The ECB comedy show continues. Jean-Claude Trichet went ballistic and walked out of a meeting over Jean-Claude Junker's use of the terms re-profiling and "soft restructuring".
While President Obama was touring the capitals of Latin America this past week, Americans were being battered by one bad economic report after another.
We are witnessing unprecedented clashes and escalating political rhetoric between cash-starved state governments and their public service unions.
The price of oil on the international market at yesterday's close was $93.57 per barrel, an increase of $7.37 in one day.
The drop in the stock market (now about 1,000 points on the Dow) is a graphic indication of the stark fact that we are entering the infamous double dip of the recession, long feared and predicted.