Crony capitalism in action. There is no level playing field.
This is one of the most interesting and startling articles I have read in a long time. In the usual version of events, the poor are helpless victims of capitalist exploitation, and only the wise intervention of the state can improve their condition. The growth of what experts call System D, the unofficial economy that…
The Treasury Department dramatically boosted its estimate of losses from its $85 billion auto industry bailout by more than $9 billion in the face of General Motors Co.'s steep stock decline. In its monthly report to Congress, the Treasury Department now says it expects to lose $23.6 billion, up from its previous estimate of $14.33…
THE whitewash begins. Now that the carbon tax has passed through federal parliament, the government's clean-up brigade is getting into the swing by trying to erase any dissent against the jobs-destroying legislation.
LOL SDHFKJSDHHJ Dead Just freaking dead.
Total central-bank gold purchases in the third quarter more than doubled from the second quarter and were almost seven times higher than a year earlier as countries continued to diversify reserves, according to a World Gold Council report.
A YouTube video shot during the November 9 student rally in London allegedly shows plainclothes police acting as agents provocateurs among the protesting crowds. The video uploaded by the user “noshockdoc” shows two people who first engage in rough handling of one of the rally protesters. Then, reportedly, the same people are shown along with…
The concentration of elite legislative power in America is well under way today as the new “supercommittee” is working on an end-run around Congress to put together a “secret farm bill” that would prop up failed agricultural policies with yet more billions in taxpayer dollars.
Private sector infrastructure spending in the United States is more than four times larger than federal, state, and local government infrastructure spending.
The Postal Service said it lost $5.1 billion through Sept. 30 and that the loss would have hit $10.6 billion without recent legislation allowing it to delay a required annual $5.5 billion payment into a fund for future retiree health benefits.