We saw it in the aftermath of the recent Haiti earthquake and we’re seeing it now. When average people run out of food and water, and the heads of households can’t provide for their families their reactions are quite predictable – do anything and...
Larry Summers, economic adviser to the White House, says that February’s bad weather may have a negative impact on jobs: Let me say a word about the statistics. Who knows what the next number is going to be. The blizzards that affected much of the country during...
Part of the explanation for the Dec.-Jan. decline in gold is the attack on the euro which is now going on in the media. Indeed, the euro topped out very close to the exact day of the top in gold. The market is thinking: decline in euro = rise in dollar = decline in...
According to the US Commerce Department, consumer spending for the month of January continued a climb: Adjusted for inflation, real spending on goods increased 0.8%, while spending on services rose an anemic 0.1%, according to the Commerce Department’s...
In his most recent Outside the (Cardboard) Box News Brief, Tom of the North discusses California’s new sweeping legislation: On Thursday the California State Assembly took bold steps to address the rapidly deteriorating condition of their State. Currently facing...