Economy

Here's a substantive critique of Sen. Hillary Clinton (D-N.Y.), from the international stage no less, that I've seen unreported in American media thus far.The Democratic presidential candidate is under fire from a European trade official who suggests that her hinted support for more trade protectionism would prove harmful to the global economy. The December 6 Financial Times reported the comments…

In "Wall St. Sees Silver Lining," new New York Times economics reporter Peter Goodman (formerly of the Washington Post) made Saturday's front page with a "news analysis" that impressively managed to put last week's big stock market rally in the context of an "ailing economy" that was "imperiled by the crumbling housing market."

Remember when everyone was warning of impending economic collapse from oil reaching that mystical mark of $100 a barrel? Over the past two months, it has been on the way according to the media. But as of December 3, the price of crude has decreased - not increased as predicted."Crude briefly cracked $90 a barrel for the first time and analysts say that will soon trickle down to the pump," Alexis…

The Associated Press, Los Angeles Times, and Washington Post are all referring to a package of recently-defeated Venezuelan constitutional amendments as "reforms." In reality, those so-called reforms were all bent on amassing more power and influence in the hands of Hugo Chavez. Washington Post's Juan Forero gave readers early of the December 3 Home Edition article (published before the outcome…

Oh, how Old Media wants a recession. Too bad the economy isn't cooperating.The latest Institute for Supply Management (ISM) report on the Manufacturing Sector, covering about 15% of the non-government economy, was just released this morning, and led as follows:Economic activity in the manufacturing sector expanded in November for the 10th consecutive month, while the overall economy grew for the…

The Democrats are better at understanding the impact of globalization on working people in America. The wages that have been arrested and halted in their growth, while, you know the boys in investment banking are making 10 times the average income of an American. I think the Democrats understand the consequences of it more than the Republicans and, frankly, another disagreement I've got with…

Have you noticed the genie concerning the real modus operandi behind climate alarmism beginning to peek its head out of the bottle lately? After the United Nations announced earlier in the week that rich countries - code for America, of course - are going to have to pay billions of dollars to help poor nations deal with global warming, several international press outlets published articles of…

As climate alarmists around the world head to a tropical paradise on Bali next week to discuss how developed nations should pay to solve global warming, an inconvenient truth has emerged: many countries that are part of the Kyoto Protocol are going to dramatically overshoot their greenhouse gas (GHG) emissions limits. While it seems a metaphysical certitude that America's green media will…