It looks just like a reality show that's not going to be renewed for another season. President Obama's State of the Union ratings are headed in the same direction as American Idol's so far this season – down. Let me make a secret confession right here. For years, the producer of ...read more

For those of us who recognize the complicity of both Republicans and Democrats in our economic calamity, it has been satisfying to see the party establishments of each pummeled this election season. But as far as averting the currency crisis I describe in The Dollar Meltdown, the gold market says ...read more

America is transforming itself, without forethought, debate, or pause, into a command economy. A command economy is a top-down, state-controlled economy directed by planners and bureaucrats, boards and bodies, administrators and authorities. A command economy is not characterized by mutuality of interest and agreement between parties. It relies on edict. ...read more

The Emergency Economic Stabilization Act of 2008 created the $700 billion bailout (plus $100 billion in add-ons) Troubled Assets Relief Program (TARP), a wealth transfer scheme so brazen as to leave one breathless. Another Fed bubble had popped; losses in the real estate mortgage meltdown were real; they had already ...read more