U.S. Home Price Rebound Already in ‘Bubble Territory’

Robert Shiller The gains in U.S. home prices in recent months may not be sustainable and increases in some areas of the country appear to be in “bubble territory,” an economist known for his property market expertise said on Tuesday. Robert Shiller, an economics professor at Yale University and co-developer of Standard and Poor’s S&P/Case-Shiller […]

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Obama’s Too-Big-to-Fail Plan Is Too Dumb to Pass:

Commentary by Kevin Hasset Sept. 28 (Bloomberg) — Treasury Secretary Timothy Geithner’s appearance in Congress last week to explain how President Barack Obama would overhaul financial regulation elicited the most striking sign yet that the wheels have come off the administration’s economic-policy team. The White House had proposed, and Geithner was ready to defend, such […]

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Remember the TARP Money? Yeah, It’s Gone.

Posted by Leon H. Wolf Via USA Today, TARP IG Neil Barofsky has some harsh words for the way the TARP funds have been handled: A Treasury Department watchdog is warning that a key $700 billion bailout program has damaged the government’s credibility, won’t earn taxpayers all their money back and has done little to […]

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Act now against Net Neutrality

Posted by Neil Stevens The time is coming that the left is going to begin its drive for Single Payer Internet, and so the time has come for us to fight back. Finland is gradually nationalizing the Internet and declaring use of other people’s Internet hardware a “right,” and the left is cheering. Obama’s “Internet […]

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Made In China – Importing America To Its Own Death

During the Bolshevik Revolution that led to communist Russia, Comrade Vladimir Lenin said, “Sell the capitalists enough rope and they will hang themselves!” Nearly 100 years later, Lenin’s predictions reveal his veracity with chilling fruition. The United States bleeds $11 trillion in debt. It suffers a $700 billion annual trade deficit, mostly with China, which […]

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U.S. on Path to Becoming Fiscal ‘Banana Republic’

By: John Rossomando A prominent Republican senator who Barack Obama once considered to be his commerce secretary is warning that the administration’s fiscal policies could put the U.S. on the path to “banana republic” status. Sen. Judd Gregg, R-N.H., told CNN’s John King on Sunday’s “State of the Union” program that standards of living will […]

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Venezuela seizes a landmark Hilton Hotel

President Hugo Chavez has ordered the “acquisition by force” of a landmark Hilton Hotel on Venezuela’s Margarita island, the government’s Official Gazette announced Tuesday. The facility, on the Caribbean resort island of Margarita in Nueva Esparta state, was targeted for state takeover less than a month after it was used to host the Africa-South America […]

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