Signs of Recovery Are Mounting – Kind Of

The mainstream view of our current economic situation: After the worst downturn since the Great Depression, signs of recovery are mounting — albeit tinged with ambiguity. Despite worries that American consumers might hunker down for years — spooked by debt, lost...

Home Sales up 27% Month over Month! Will it Last?

Big numbers coming in from the real estate industry: Sales of newly built homes shot up 27 percent in March — the largest monthly gain in nearly five decades — as mild weather and a lucrative tax credit pumped up demand for homes in all four regions of the...

In Defense of Sedition

By Thomas J. DiLorenzo Time magazine’s Joe Klein recently appeared on a Sunday news show where he accused Glenn Beck and Sarah Palin of “sedition” because of their criticisms of the Obama administration’s expenditure of trillions of dollars of corporate...

Food Costs up 2.4% In a Single Month

Since March 2009, the stocks and commodities have soared – and investors have been thrilled. While many attribute this rise in valuations to economic recovery, some believe that rising costs are a direct result of the monetary expansion by the Federal Reserve,...