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#SOTU - The Summary: Minimum Wage, Maximum Genomes, Macs, And Moar...

5% fewer words, slightly shorter than last year but just as hope-full. From a hike (and inflation-indexed) in the minimum wage to a 140x multiplier of genome sciences investment (now that is Keynesian...

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Frontrunning: February 19

Here comes the replay of 2011 as China starts the counter-reflation moves: China Central Bank Reverses Cash Pump (WSJ)Security group suspects Chinese military is behind hacking attacks (Reuters)Iceland...

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Chart Of The Day: Europe's Decimated Car Market

European car registrations had their worst January on record - an 8.7% year-over-year decline - as consumers hit by austerity are likely to continue to limit spending on big-ticket items. The...

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The Men Who Built America: Remembering The Gilded Age Part 1

It is perhaps time to look back at what once was. In Part 1 of the 4 part History Channel series, a new war begins as out of the turmoil of the Civil War, America enters an age of enlightenment that...

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Frontrunning: February 22

Spain’s Deficit Widened to 10.2% on Bank-Rescue Cost (BBG) - or as Rajoy would say, when one excludes all negatives, it was a surplusMonti Austerity Pushes Italians Toward Parliament Upheaval...

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The Men Who Built America: Remembering The Gilded Age Part 2

Continuing to look back at what once was. Following Part 1's emergence from the civil war and the age of enlightenment, In Part 2 of the 4 part History Channel series, America continues to recover from...

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The Men Who Built America: Remembering The Gilded Age Part 3

Following Part 1's emergence from the civil war and the age of enlightenment; and Part 2's undertaking of the largest building phase in the country's history. Part 3 of the 4-part History Channel...

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Frontrunning: February 26

Italy Political Vacuum to Extend for Weeks as Bargaining Begins (BBG)Italian impasse rekindles eurozone jitters (FT)On Spending Cuts, the Focus Shifts to How, Not If (WSJ)Obama spending cuts strategy...

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The Men Who Built America: Remembering The Gilded Age Part 4

In the final part of History Channel's four-part series (Part 1, Part 2, and Part 3 here) we see how these five men - John D. Rockefeller, Cornelius Vanderbilt, Andrew Carnegie, Henry Ford and J.P....

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Frontrunning: March 4

Must defend against Chinese colonial expansion and get the Nigerian oil: U. S. Boosts War Role in Africa (WSJ)BOJ nominee Kuroda sets out aggressive policy ideas (Reuters)China becomes world’s top oil...

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Guest Post: A Look At The Richest Oil Barons In The U.S.

Submitted by Charles Kennedy of OilPrice.com,Forbes has recently released its latest rich list, so now would be a good time to look at the world’s billionaires who have benefited most from the US oil...

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Frontrunning: March 11

One in four Germans would back anti-euro party (Reuters)EU Chiefs Seeking to Stave Off Euro Crisis Turn to Cyprus (BBG)Ryan Says His Budget Would Slow Annual Spending Growth to 3.4% (BBG)Goldman leads...

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9/11 Commission Deceived: An Unintentional Work of Fiction Based on Cheney’s...

 Preface:  This is not a partisan post. We have repeatedly documented that Obama is as bad or worse than the Bush administration.In the run up to the Iraq war – and for several years thereafter – the...

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Frontrunning: March 19

Cyprus parliament ready to veto deposit tax (Reuters)Power still out at damaged nuclear plant in Japan (AP)CS' Dougan Calls Bankers Out-Earning Investors Unsustainable (BBG)Citi in $730 Million Pact on...

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Guest Post: The Myth Of U.S. Energy Independence

Submitted by Alan von Altendorf,Let's begin with the Federal Reserve. Adding $1 trillion a year to its balance sheet sounds like big money. The Congressional Budget Office recently projected an $845...

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Frontrunning: April 8

Finally the MSM catches up to reality: Workers Stuck in Disability Stunt Economic Recovery (WSJ)China opens Aussie dollar direct trading (FT)National Bank and Eurobank Fall as Merger Halted (BBG)Why...

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Frontrunning: April 10

Germany: Europe's... poorest? ECB Survey Puts Southerners on Top in Household Wealth, Germans Near Bottom (WSJ)Obama Proposes $3.77 Trillion Budget to Revive Debt Talks (BBG)China trade data raise...

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Will We Never Learn?

Submitted by Michael Krieger of Liberty Blitzkrieg blog,Just Keep Dancing: Introducing The 97-Month Auto LoanWhile many of us have been shouting about this from the rooftops for years now, with each...

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Frontrunning: April 12

Korean Nuclear Worries Raised (WSJ)Och-Ziff, With Strategy from a 30-Year-Old Debt Specialist, Racks Up Big Score (WSJ)Japan's big "Abenomics" gamble: how to tell if it's paying off (Reuters)Kuroda...

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Frontrunning: April 15

Venezuela Says Chávez Successor Wins Vote (WSJ)China growth risks in focus as first quarter data falls short (Reuters)Japan Gets Calls From U.S. to Europe Not to Drive Down Yen (BBG)EU Set to Clash on...

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