Author Archive
McCain and Obama’s Campaign Financing Brought Back Into Question
Democrats this week have called for a federal investigation into whether John McCain violated federal election laws by pulling out from public financing for his primary campaign. The Democrats have prepared a lawsuit that is expected to be filed Monday... (more...)
Worldwide Depression: a real possibility
The current economic slowdown we are facing will not just be limited to the United States, a forecast by the International Monetary Fund claimed this week. The dollar sank yet again against the Euro in response to this news on Wednesday. A global slowdown,... (more...)
Bush Pushes Free Trade with Colombia; Clinton Strategist Caught in the Middle
President Bush sent over a controversial Colombian Free Trade Agreement to Congress on Monday in an attempt to expand his economic free trade legacy and extend a hand to one of the United States strongest South American allies. The deal was put into the... (more...)
Democrats Call for Second Economic Stimulus Package
House Speaker Nancy Pelosi claimed on Friday that she would propose another economic stimulus package to help spur the contracting economy. This hopefully bi-partisan proposal will likely occur in the coming weeks, without even waiting to see any data... (more...)
Oil Executives Face the Big Bad Government
On April 1st, executives from some of the world’s largest oil companies testified to a committee in Congress about their record profits in the last couple of years. Executives from Shell Oil, ExxonMobil, BP America, Chevron and ConocoPhillips argued... (more...)
The Divide: What Should the Democratic Party Do?
The Democrats are split on what to do about the the National Convention. Just by a quick glance at the polls, it is easy to see that Hillary Clinton and Barack Obama have either been tied for the lead or have each held it at some point. The latest news... (more...)
President Bush booed at the opening pitch of Washington Nationals game
President George W. Bush was greeted Sunday by thousands of resounding boo’s while being introduced at the Nationals Park in Washington, DC. Walking to the field from the tunnel, the booing did not let up. With a wave a and an un-acknowledging smile,... (more...)
Obama plans to shield us from ourselves in 2008, and ultimately destroy the “Shining City on a Hill”
In the “Wealth of Nations”, Adam Smith believed that a successful nation’s free market will be guided by “an invisible hand”. In studying Adam Smith’s economic philosophies, the Founding Fathers of the United States... (more...)
Social Security Problem Perplexes Candidates
The Social Security Board of Trustee’s released its 2008 Annual Report on the finances of the Social Security Trust Funds on Tuesday. The report reiterated the rapidly deteriorating financial status of the Social Security accounts, stating that the... (more...)
Obama speaks on the war and economy, and completely misses the ball…
In an attempt to steal away votes from the slowly approaching Senator Clinton, Barack Obama was toting around West Virginia on Thursday, delivering yet another riveting speech to the constituents. Just another day of Presidential Politickin’, right?... (more...)
Bear Stearns Bank Run: A Signal of the Next Depression?
On Monday, the first major bank run on a U.S. bank since the Great Depression claimed its first victim. Rumors of Bear Stearns’ liquidity crisis became a reality as investors began quickly selling off their stock and draining what little liquid... (more...)
JPMorgan Chase buys Bear Stearns for $2 a share! What does this mean for you?
What can $2 buy you today? JPMorgan Chase has announced over the weekend that it will purchase Bear Stearns, a historic financial institution dating back to the 1920’s that was once the leader in economic news and stability in the American economy.... (more...)
Loading ...