SHARE        Monday, July 26, 2010
New Legislation Aims to Protect Against Toxic Imports A House panel is set to take up a piece of legislation this week that would give American consumers the ability to sue foreign manufacturers.

SHARE        Saturday, July 24, 2010
Legislation Incentivizing Repatriation of Jobs Soon to Be Introduced "America needs to make things again. We can't be a nation of fast-food burger flippers, one completely dependent on services."

(2 comments) SHARE        Sunday, October 25, 2009
Credit Card Companies Socking it to Consumers

Credit card companies are already finding loopholes in the credit card reform bill to ensure the reforms do not take a chunk out of their profits.

(3 comments) SHARE        Wednesday, September 2, 2009
How to Avoid Bankrupting the Nation Last week, the White House Office of Management and Budget adjusted its previous 10-year budget projection of $7 trillion upwards by $2 trillion based on new economic forecasts, meaning that the government will spend $9 trillion more than it takes in over the next decade. The nation is obviously on a wholly unsustainable course - living increasingly in debt and off the good graces of foreign creditors.

SHARE        Wednesday, September 2, 2009
Tariffs for Faulty Chinese Tires A recent recommendation by the U.S. International Trade Commission is dividing organized labor and tire industry representatives, pitting President Obama at the center of the debate.One of America's most powerful unions - the United Steel Workers - and the nation's second largest tire manufacturer - Cooper Tire & Rubber Co. - are both lobbying Obama on the same issue but are recommending entirely different courses of action.

SHARE        Thursday, August 20, 2009
A New Biofuel Algae has the potential to fuel the nation's vehicles while simultaneously trapping carbon dioxide emissions that contribute to global warming. Thus far, the technology is in its infancy, however, progress is being made.

(1 comments) SHARE        Thursday, August 20, 2009
China Investing in U.S. Mortgages Forecasting a recovery in the ailing U.S. housing market, the Chinese government is set to use a small portion of its massive sovereign wealth fund to invest in the American real estate market, according to Reuters. China"-s sovereign wealth fund, like the vast majority of sovereign wealth funds around the world, was built on the back of America's out of control trade deficit.

SHARE        Saturday, August 15, 2009
Pay Czar Put to the Test Executive pay czar Kenneth Feinberg will face his first true test this week as seven companies that received extraordinary government bailouts are required to present their compensation plans for their top 25 executives.

(1 comments) SHARE        Thursday, August 13, 2009
Banking on Overdraft Fees In the midst of the worst recession since the Great Depression, with millions of Americans losing their homes and jobs, banks are scoring record-setting amounts of overdraft fees through the misfortune of their customers, The Financial Times reports.

SHARE        Thursday, July 9, 2009
Homeless Families on the Rise in Summer With the U.S. economy mired in the worst recession since the Great Depression, the number of families living on the streets is on the rise across America and further straining the budgets of already-strapped local governments.

(3 comments) SHARE        Thursday, June 4, 2009
Americans Indifferent to the Loss of the American Dream The most disconcerting aspect of GM's death spiral, however, is the fact that most Americans are generally indifferent to the idea. An April CNN poll found that 76 percent of those surveyed favored allowing GM to fail without anymore government aid.

SHARE        Thursday, April 30, 2009
Chorus of Critics Rightly Questioning Obama

"It's hard for anyone to argue our trade policy is working," said Sen. Sherrod Brown.

(2 comments) SHARE        Sunday, April 19, 2009
American Businesses Waging War Against America Big business is gearing up for what may be an epic battle with the Obama administration over its efforts to reform the practice of offshore tax deferrals which allow companies to avoid paying U.S. taxes on profits made overseas as long as they remain there.

(1 comments) SHARE        Thursday, April 16, 2009
American Government Facilitating in U.S. Titans' Downfall U.S. automakers Chrysler and General Motors are increasingly outsourcing North American production to Mexico while at the same time asking for more taxpayer money to stay afloat. Perhaps that worst part, however, is the government is basically encouraging the outsourcing, according to the Economic Policy Institute.

SHARE        Sunday, April 12, 2009
Obama's Most Difficult Task So, despite a fawning crowd of European citizens - when he visited Europe last July crowds in the hundreds of thousands were the norm - the continent's leaders may not be as receptive to the newly elected U.S. president.

(3 comments) SHARE        Tuesday, March 31, 2009
"Free Trade." Translation: Whatever Helps Multinational Businesses The hypocrisy of pundits, politicians and business leaders is amazing.  Those aforementioned people are the first to decry anything done in the nations interest economically as "protectionism" and they are the same people distorting "free trade" by backing bailouts, stimulus spending, tax abatement and other trade distorting policies.   

SHARE        Thursday, March 26, 2009
The WTO Pulls One Over on Ron Kirk The most important issue in this dispute would have effectively forced China to more severely crackdown on copyright pirates and counterfeiters. With little to no fear of prosecution by the Chinese government, there is virtually nothing to stop infringement on intellectual property rights. Yet, USTR Ron Kirk inexplicably lauded the decision as if it was somehow beneficial to U.S. interests

SHARE        Tuesday, March 24, 2009
Stimulating the American Auto Industry A measure intended to boost domestic auto sales gained a huge amount of traction after House Speaker Nancy Pelosi threw her support behind the bill on Wednesday.

(1 comments) SHARE        Wednesday, March 18, 2009
Solutions For Reversing America's Devastating Trends "America is facing its greatest economic crisis since the Great Depression because it thought it could substitute debt to mask a shortfall in U.S. production," said AMTAC Executive Director Auggie Tantillo. "America will not be able to borrow its way out of this crisis; it will need to manufacture its way out to keep its standard of living."

SHARE        Saturday, March 14, 2009
Time to Change the Failing Status Quo As Bob Dylan once said, "The times, they are a-changing." The status quo of the past two decades is finally being challenged and the tide is turning in favor of a "fair trade" policy that puts American interests first rather than the failed policy of unfettered "free trade" which brought this nation the North American Free Trade Agreement, the World Trade Organization and other fatally flawed trade regimes.

SHARE        Tuesday, March 3, 2009
Unlearned Lessons From History They say that those who do not learn from history are doomed to repeat it. Perhaps the expression would be better said, "those that do not understand history are doomed to repeat it" because the Bush administration studied the history of the Algerian War and apparently learned nothing. There are many parallels between the two conflicts.

SHARE        Tuesday, February 24, 2009
Are We Opening the Door for Future Abuses of Power? President Barack Obama is quite fond of telling the rest of the world that, with his election, the rule of law has been reestablished in America. But, has it really? Can we, as a nation, simply move on in the face of acknowledged war crimes by the previous administration and still pretend that justice is blind? What kind of precedent are we setting for future chief executives?

(1 comments) SHARE        Thursday, February 19, 2009
Snatching Up American Assets The allure of dirt cheap real-estate has attracted so much interest in China that many more trips are being organized, according to USA Today. Some are looking for investment property, some are buying homes for their children to live in when they attend American schools and some are hoping to have easier access to American citizenship - which owning property in America will not afford them.

SHARE        Friday, February 13, 2009
A Legion of Rabid "Free Traders" Obama has stockpiled his cabinet and the West Wing of the White House with men and women that have not only supported, but been instrumental in shaping the policies that have decimated the nation's manufacturing base over the past two decades. The American people were promised "change" but it appears that when it comes to trade, Obama will simply deliver more of the same.

(8 comments) SHARE        Thursday, February 12, 2009
Two Americas As the manufacturing capacity of the American economy has declined over the decades, the growing gap between the rich and the poor in the United States has continued to grow, creating what one-time presidential candidate John Edwards referred to as "two Americas."

SHARE        Monday, February 2, 2009
Heinous Wall St. Bonuses While Wall Street executives were hard at work running their companies into the ground and begging Congress to give them billions in taxpayer dollars, they were also rewarding themselves handsomely on the American taxpayer's dime.

(1 comments) SHARE        Thursday, January 22, 2009
The American Dream is on Life Support It seems in today's economy, no matter how fast Americans run or how far they stretch, upward mobility is firmly out of their grasps. For years it was assumed that America was home to the ultimate meritocracy - work hard, play by the rules and you can achieve the American Dream. Ever increasingly that seems like an unattainable ideal rather than a founding principal of this nation.

(1 comments) SHARE        Tuesday, January 20, 2009
Thinking Outside the Box Russ Feingold, Wisconsin's junior senator and a hero of the left, has made a career out of doing the unconventional. As evidenced by his campaign finance reform, the conduct of his own campaigns, the way he runs his office and his positions on issues, it is apparent Feingold has a knack for thinking outside of the box.