U.S. Economy

 Freepressers

The one Republicans really want

The one Republicans really want

By Jeffrey T. Kuhner There is a potential presidential candidate whom almost every Republican wants. This person would not only galvanize the GOP base, but attract large numbers of independents and centrists as well. He would smash President Obama in 2012 and probably win by a landslide. He is Rep. Paul Ryan of Wisconsin. More […]

 Freepressers

Housing illusion: Washington policies have only prolonged the pain

Housing illusion: Washington policies have only prolonged the pain

Financial markets took a big tumble Wednesday on a series of lackluster economic reports, but the more distressing news was intellectual. Despite at least a decade of contrary evidence, the media and business classes still clamor for a miraculous housing recovery that will save the U.S. economy. The sooner we shed this illusion, the faster […]

 Freepressers

As the world turns: Soap opera and the future of the IMF

As the world turns: Soap opera and the future of the IMF

 By Sol W. Sanders [In the interests of transparency: the writer was deputy chief of mission for the World Bank, Tokyo, 1970-72.] Whatever the outcome of the bizarre fall from grace of Dominique Strauss-Kahn, the International Monetary Fund’s controversial role has been thrown into sharper focus. Had Mr. Strauss-Kahn departed voluntarily for loftier climes as […]

 Freepressers

Bye bye white (and black) America: Make way for Latinos, Asians

Bye bye white (and black) America: Make way for Latinos, Asians

By Grace Vuoto   The numbers are in: the white population is moribund. The latest figures from the 2010 census point to the emergence of a new America to be eventually dominated by minorities, especially Hispanics and Asians, the two fastest-growing ethnic groups in the land.   By 2041 minorities will be the new majority. […]

 Freepressers

Growing U.S.-Saudi crisis seen affecting oil prices as king's health declines

WorldTribune.com WASHINGTON — Saudi King Abdullah, who prematurely ended his convalescence during the Middle East crisis, remains far from functional, a report said. Foreign Policy Magazine reported that the 87-year-old Abdullah has not recovered from his two operations in the United States in late 2010. The article by Simon Henderson said Abdullah was said to […]

 FreePressers Staff

As goes Portugal so could go EU and, yes, the USA

By John J. Metzler   UNTIED NATIONS — Portugal is far along the primrose path to economic bankruptcy, following in the steps of Greece and Ireland. While the Portuguese debt crisis is not nearly as acute as that which serves as a millstone to the economies of Greece and Ireland, it nonetheless serves as a glaring […]

 Freepressers

A nation of takers, not makers

A nation of takers, not makers

By Stephen Moore If you want to understand better why so many states—from New York to Wisconsin to California—are teetering on the brink of bankruptcy, consider this depressing statistic: Today in America there are nearly twice as many people working for the government (22.5 million) than in all of manufacturing (11.5 million). This is an […]

 Freepressers

Shut the government down

Shut the government down

By Jeffrey T. Kuhner It’s time Republicans play political hardball. If they do not, they will soon dangerously alienate large chunks of their conservative base. Negotiations have stalled. A fiscal showdown is looming. Congressional Republicans and Democrats are trying to pass a budget to fund the government for the current fiscal year. Two short-term appropriation […]

 Freepressers

Obama's solution to the looming energy crisis? More class warfare!

Obama's solution to the looming energy crisis? More class warfare!

By Sol W. Sanders The numbers click upward rapidly at the pump. That’s why, as the 2012 presidential campaign issues emerge, gasoline prices competes with missing jobs and limping Obamacare. [With more and more waivers given White House friends, “universal medical coverage” may go the way of “change”.] But Mr. Obama has decided most of […]

 Freepressers

Here's betting that in the war on the U.S. economy, President Obama will lose

Here's betting that in the war on the U.S. economy, President Obama will lose

By Sol W. Sanders I am looking for a bookmaker: I want to place a big bet against President Obama in his war on the American economy. It is a calculation made from a worm’s-eye view, of course, based on recent personal experiences and tidbits picked hither and yon. But they do have macroeconomic implications. […]

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