Waiting for the Deluge
In some ways, it's not only the economy that's now facing organ failure; it's also the GOP itself. Over the next few days we'll be seeing something approaching a civil war developing in the party.
In some ways, it's not only the economy that's now facing organ failure; it's also the GOP itself. Over the next few days we'll be seeing something approaching a civil war developing in the party.
Michael Pento | Posted 09.29.2008 | Business
The recent moves by the Fed and the Administration will ensure that the most salient problem facing our country's future will be inflation.
Aaron Harber | Posted 09.25.2008 | Business
Congress and the current Administration have allowed the nation's finances to deteriorate to a dangerous level.
Sasha Abramsky | Posted 09.22.2008 | Politics
It's been said so many times this week, it hardly needs restating, but I'll restate it anyway: the financial collapse we're in the middle of, and the ...
Georgianne Nienaber | Posted 09.16.2008 | Home
Our economy is tied to the U.S. economy and the U.S. Republican policies have failed. Most South African analysts believe a black U.S. president will more easily de-polarize the world and undo the divide between the East and West.
David Goldstein | Posted 09.15.2008 | Politics
The Dow Jones Industrial Average closed down 504.48 points today, at 10917.51. That's only 329.92 points higher than where it stood on January 20, 20...
HuffingtonPost.com | Sam Stein | Posted 09.15.2008 | Politics
John McCain may want to refine his economic message a bit more during this potentially disastrous week for the financial sector. On the campaign trai...
Dealbreaker | John Carney | Posted 09.04.2008 | Business
Heavy on the inside jokes and edgy interpretations of finance-related news, must-read trader blog Dealbreaker quotes an "insider" on their opinion of ...
LA Times | Posted 08.29.2008 | Business
Ninety-nine cents just doesn't go as far as it used to, and that's a problem for the 99 Cents Only Stores chain. Faced with fast-rising inflation and...
Erik Ose | Posted 08.28.2008 | Politics
Biden's acceptance speech proved what the citizens of Delaware have known for a long time: Biden is a regular Joe with all-American family values who also happens to be a Senator.
Leo W. Gerard | Posted 08.28.2008 | Politics
The most fundamental difference in how Democrats and Republicans view middle class Americans revealed itself inadvertently in speeches during the second night of the convention in Denver.
Leo W. Gerard | Posted 08.26.2008 | Politics
Republicans Bush and Cheney put us here, with McCain agreeing all the way. Electing McSame would result in four more years of greenbacks draining out of our wallets.
AP | TIM PARADIS | Posted 08.22.2008 | Business
NEW YORK — Wall Street capped a volatile week with sharp gains Friday as oil prices tumbled and after Federal Reserve Chairman Ben Bernanke said...
AP | MADLEN READ | Posted 08.19.2008 | Business
NEW YORK — Wall Street fell sharply for a second straight session Tuesday after a hefty jump in wholesale inflation and a drop in new home const...
Washington Post | Joel Achenbach | Posted 08.17.2008 | Business
Even dirt isn't dirt-cheap anymore. At your local garden center, the cheapest dirt, which often goes by the name of "premium topsoil," may cost $4.99...
Jeff Madrick | Posted 08.12.2008 | Business
Oil is a financial asset now. It attracts hundreds of billions of dollars of institutional investment. And like all financial assets throughout time, it is given to fashion and fad.
AP | Posted 08.08.2008 | Business
MEXICO CITY — Mexico's central bank says rising food and gasoline prices have pushed inflation to its highest level in three years. The bank sa...
AP | ANGUS SHAW | Posted 08.06.2008 | Business
HARARE, Zimbabwe — Reeling from the highest inflation rate in the world, barred by the government from using U.S. dollars for purchases, Zimbabw...
New York Times | CATHERINE RAMPELL | Posted 08.04.2008 | Business
Consumers spent more in June, but only because the things they bought cost more. Driven primarily by energy and food prices, inflation grew 0.8 perce...
AP | MARTIN CRUTSINGER | Posted 08.04.2008 | Business
WASHINGTON — Rising prices, falling home values, stagnant wages and tight credit. It's a potent combination that has struck the American consume...
Jeff Madrick | Posted 08.04.2008 | Business
The anti-inflationary policy makers are preaching a simple ideology. To be more kind, they want to make the mistake of being too tight, not too loose.
AP | ELLEN SIMON | Posted 07.27.2008 | Business
NEW YORK — Coming to a store near you: Even higher prices. Most inflation this year has come from food and fuel, as retailers resisted passing ...
Hale "Bonddad" Stewart | Posted 07.25.2008 | Business
Yesterday the Federal Reserve released the latest Beige Book. What did it show? Consumers are slowing their shopping, housing is still deteriorating, and prices are increasing.
Max Keiser | Posted 07.25.2008 | Business
The Romans had a gold-backed currency that they physically needed to shrink to engineer empire-killing inflation. In America, the government, not having a gold-backed currency, just prints more worthless paper.
Max Keiser | Posted 07.22.2008 | Business
By not deflating the supply of fiat, debt-based exchange units for so many years, the over supply of them, each a claim on America's future, has grown by quantum levels of risk.
Man must evolve for all human conflict a method which rejects...
Sasha Abramsky | Posted 09.29.2008 | Business