Aug 6, 2011 – See more top stories from Townhall Finance- Mike Shedlock Fools and the Market Are Soon Parted Larry Kudlow More Obama…

Aug 6, 2011 – See more top stories from Townhall Finance- Mike Shedlock Fools and the Market Are Soon Parted Larry Kudlow More Obama…

Aug 5, 2011 – Sen. John Kerry (D-Mass.) blamed legislators who refused to negotiate on increasing the debt ceiling for Congress's record-low approval ratings. "I resent the fact that a small group of people in the Untied States Congress are painting the entire Congress with this broad brush because of their unwillingness to...

Aug 5, 2011 – Republican presidential candidate Rep. Ron Paul (Texas) indicated on Thursday that he might challenge the creation of a new "supercommittee" in Congress aimed at finding $1.5 trillion in spending cuts over the next decade. "I would challenge it in the courts and say that it is not a constitutional function,"...

Aug 5, 2011 – Former South Carolina Gov. Mark Sanford (R) said he's ruled out a return to politics in his first national interview since admitting to an affair that crippled his political ambitions. Sanford, who had been seen as a rising conservative star before publicly admitting to conducting an affair with an...

Aug 5, 2011 – A reader asked the Des Moines Register if it’s true that the Iowan who became Michele Bachmann’s state campaign chairman first approached the Ron Paul campaign a number of months ago. Did Indianola Republican Kent Sorenson originally solicit the Paul campaign for work? asked the reader, who didn’t identify herself...

Aug 5, 2011 – Republicans rejected slightly better-than-expected job creation in July as not good enough on Friday, using it as political fodder against President Obama. The unemployment rate ticked downward to 9.1 percent in July after the economy added 117,000 jobs last month, according to the Bureau of Labor Statistics (BLS). June's anemic...

Aug 5, 2011 – Reporting from Washington— The stock market plunge highlights a challenge President Obama faces in his quest for a second term: With a recovery that is anemic at best, he probably will be forced to run on something other than his economic record. Already, the outlines of a hard-nosed reelection campaign...

Aug 5, 2011 – Sen. John Kerry (D-Mass.) said Friday that fears of a double-dip recession are justified. Sen. John Kerry (D-Mass.) said Friday that fears of a double-dip recession are justified. "We are in danger of that," Kerry said of the prospect of a double-dip recession on MSNBC. Kerry spoke just before the...

Aug 5, 2011 – Defense Secretary Leon Panetta on Thursday signaled that the Pentagon will push hard against future spending cuts, saying that up to $500 billion in cuts that could come later this year would be a “doomsday mechanism” that would endanger national security. “We are already taking our share of the...

Aug 5, 2011 – Most Floridians say President Barack Obama doesn’t deserve a second term following an emotional debate over the national debt ceiling, according to a Quinnipiac poll released Thursday. The survey also showed Mitt Romney leading the pack of GOP presidential candidates in Florida and depicted a wide-open Republican U.S. Senate primary...

Aug 5, 2011 – The economy added 117,000 jobs in July as the unemployment rate ticked back to 9.1 percent. The figures won't give a huge boost to economic confidence, but they do beat expectations. Forecasters had projected the economy would add around 75,000 jobs.

Aug 5, 2011 – See more top stories from Townhall Finance: Mike Shedlock Cash Hoarding Starts Bob Goldman Stepping…

Aug 5, 2011 – (Source: Barry Ritholtz)  See more top stories from Townhall Finance: Mike Shedlock Cash Hoarding Starts…

Aug 5, 2011 – See more top stories from Townhall Finance: Mike Shedlock Cash Hoarding Starts Bob Goldman Stepping…

Aug 4, 2011 – Peter Schiff, the CEO of Euro Pacific Capital, isn't one of those guests Nesto and I have to badger for opinions. Ask him a question and the long-time bear will tell you exactly what he thinks with vigor, even when he has an aching throat. Schiff thinks the U.S. is...

Aug 4, 2011 – NEW YORK (CNNMoney) -- Whoops! There goes any progress stocks made in 2011. Stocks plunged Thursday, with the Dow tumbling 500 points just before the close, as fear about the global economy spooked investors. "The conventional wisdom on Wall Street was that the economy was growing -- that the...

Aug 4, 2011 – Bob Bowdon, director of the documentary The Cartel, tells Townhall: Matt Damon explains to us that "A teacher wants to teach…

Aug 4, 2011 – The spending reductions in the debt-limit deal are just “fantasy cuts” because the U.S. continues to operate on a deficit, Rep. Connie Mack (R-Fla.) said. “All of this talk about the cuts, the supposed cuts that happened in this last bill that passed, those aren’t cuts,” Mack said Wednesday...

Aug 4, 2011 – A mystery company that pumped $1 million into a political committee backing Mitt Romney has been dissolved just months after it was formed, leaving few clues as to who was behind one of the biggest contributions yet of the 2012 presidential campaign. The company, W Spann LLC, was formed...

Aug 4, 2011 – And although one would hope that police and local officials have better things to do than shut down a child's lemonade stand, Townhall…

Aug 4, 2011 – Even if President Obama had offered a cure for cancer as part of a debt-ceiling increase deal, Republicans would have rejected the deal, Rep. Carolyn Maloney (D-N.Y.) said. "If President Obama came in with a cure for cancer they would have turned that down, too," Maloney said according to...

Aug 4, 2011 – President Obama counseled supporters Wednesday evening "not to get too bogged down" in details when explaining his record to voters during the campaign. The president, in a video conference with supporters Wednesday night from Chicago, encouraged his backers to focus on broad themes when it comes to his policies...

Aug 4, 2011 – Ron Paul announced a five-city Iowa bus tour next week with his son, Kentucky Sen. Rand Paul, as part of an increasingly intense straw poll effort aimed at coming in strong at Ames. Paul himself said that coming in at anything less than third place would be a disappointment on...

Aug 4, 2011 – Ron Paul announced a five-city Iowa bus tour next week with his son, Kentucky Sen. Rand Paul, as part of an increasingly intense straw poll effort aimed at coming in strong at Ames. Paul himself said that coming in at anything less than third place would be a disappointment on...