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The president says he understands the urgency of our fiscal crisis, but his policies are the equivalent of steering the economy toward an iceberg. Recently, the White House signaled that it will get serious about reducing the...
Nearly two years into the recession, opinion about which political party is responsible for the severe economic downturn is shifting, according to a new national poll. According to the poll 27 percent now blame the Democrats...
NEW YORK - The United States is finally becoming a country of savers. Now if only we could get something for our money. Interest rates are sinking to near zero for the first time since last year's ...
A bubble in the Dollar was created in 1971 when the Government ended the gold standard. At that time, the Dollar lost its intrinsic value and has been in a bear market ever since. As a result, the Dollar's purchasing power has...
AMSTERDAM: The Dutch government said it would have to inject a further three billion euros (US$4.5bil) into nationalised bank ABN Amro, raising the national debt with no immediate return for the state.
The Detroit City Council voted 6-2 Friday to approve a $250-million fiscal stabilization bond sale that will allow the city to pay off its short-term debt and restructure its long-term financial obligations.
The country's foreign exchange reserves rose by $962 million to $286.4 billion for the week ended November 13, 2009 despite dollar weakening nternationally, the Reserve Bank of India said in its weekly statistical supplement...
Lawmakers must solve a $7 billion budget deficit, and a political riddle with no easy answer. The Minnesota Vikings say they are prepared to "move on" if the state cannot build a new ballpark for them. Thursday night, WCCO...
What was most disturbing about Thursday's mid-year Saskatchewan budget update wasn't the bungled $1.8-billion miscalculation of potash revenue, nor was it necessarily the throw-caution-to-the-wind decision to wager the...
Bruce Bartlett, Reagan’s former adviser, continues to write good stuff on true fiscal responsibility. Key quotes…. Recall the situation in 2003. The Bush administration was already projecting the largest deficit in American...
