A bankrupt green energy company will create both real and political problems for President Obama today, as the U.S. House of Representatives continues its investigation into how Fremont, California-based Solyndra LLC used its access to the president and his inner circle in order to secure and lose half a billion taxpayer dollars. Until last Thursday, [...]
Written by: Lesley Swann TN Tenth Amendment Center On Wednesday, August 24, federal agents conducted a Gestapo-style raid, complete with automatic weapons and bulletproof vests, on Gibson Guitars manufacturing facilities in Nashville and Memphis. The reason for all the firepower and spent taxpayer money to fly in agents from New Orleans, Albuquerque, and Washington, DC to take [...]
By Terence P. Jeffrey (CNSNews.com) – There were only 1.75 full-time private-sector workers in the United States last year for each person receiving benefits from Social Security, according to data from the Bureau of Labor Statistics and the Social Security board of trustees. That means that for each husband and wife who worked full-time in [...]
The US economy created no jobs and the unemployment rate held steadily higher at 9.1 percent in August, fueling concerns that the US is heading for another recession. It was the first time since World War II that the economy had precisely net zero jobs created for a month. Economists had been expecting the report [...]
There is the CPI… and then there is the MIT’s billion price project which, as the name implies, tracks the prices of a billion products in real time. And according to the latter, annual inflation has hit a multi year high of about 4%. Perhaps someone can advise the talented Mr Evans that the 3% [...]
President Obama touted the facility only a year ago.
“I work for a Government I despise for ends I think criminal.” – John Maynard Keynes
WASHINGTON — A US senator said Wednesday that the Securities and Exchange Commission may have destroyed thousands of documents related to probes into possible violations by major banks and hedge funds.
The number of Americans claiming new jobless benefits rose last week and consumer prices increased at the fastest pace in four months in July, highlighting the challenges facing the Federal Reserve.