Objective observers see a bureaucratic, inefficient, and hopelessly out of touch ivory tower that is bleeding the country of its savings, and more tragically, its intellectual acuity.
If cutting and taxing are off the table, we can expect borrowing and printing.
Obamacare incentives could reduce the size of the labor force by more than two million workers by 2017
Gold moved from $300 to $1,800 not because investors believed the government would hold the line on debt, but because they believed that the U.S. fiscal position would get progressively worse. That is what happened this week.
The government is continuously over promising and under delivering.
Private enterprise built America’s Motor City; government destroyed it.
Martin was the aggressor in the physical encounter.
The Fed has no credible exit strategy.