the fed

The stock market has been soaring, unemployment is low, and there is some improvement in wages and corporate earnings, though significantly less than from other recession recoveries.

When will Paul Krugman adapt to reality?

Although ‘Main Street’ is still stuck in Obama’s ‘Great Mailaise II’, the same does not appear to be the case for ‘Wall Street’ in general and for the construction industry…

Whether the price of gold is seen as a measurement of the value of a precious metal or as a report card on the economic, monetary, and fiscal policies that go into determining the value of the dollar, it’s interesting to think about what the trends, short-term and long-term, may mean.

Instead of deregulation to reduce unnecessary, stifling regulatory burdens and barriers, as both Carter and Reagan did to such fully documented success, Obama regulates mercilessly as if regulation is cost free to the economy, as the most interventionist President in American history.

The full bill for Obama’s failed economic policies has yet to arrive. But no such explosion of debt has ever escaped a day of reckoning, and no such monetary surge has ever had a happy ending.

Earlier this month, President Obama tried to change the subject from Obamacare by pitching some rhetoric on “equality” to rally his Far Left base. Not much thoughtful or helpful is…

Inequality is his middle name.

President Obama is going to hit his perpetual campaign trail to tell Americans that the economy is turning around and that his policies of the first four years have worked. They have not.

Central banks bought 534.6 tons of gold during 2012, the largest amount in 48 years. Interest is clearly growing in gold as an international monetary asset as more countries have…

President Obama says that income taxes must be raised on the rich because they don’t pay their fair share.  The indisputable facts from official government sources say otherwise. The CBO…

[First published at The American Spectator.] It seems like everyone is piling on my college friend Grover Norquist because they can’t wait to abandon the tax pledge not to raise…

In today’s New York Times there is an editorial that takes the supposed masters of money at the Federal Reserve to task for their timidity. It’s an almost boundlessly stupid…