Wall StreetLess than a week after Federal Reserve Chairman Ben Bernanke urged Congress to act with dispatch to pass new legislation giving the Fed and the Federal Government more surveillance powers and control over the financial sector, the Obama administration has unveiled a bill that, if passed, would put most of Bernanke’s proposals into effect.

Job fairNews that  another 263,000 jobs were lost in September has led a number of uninformed analysts to wonder whether the recession will continue.

ron paulRon Paul is clearly on a political roll. He's got his new book End the Fed running toward the top of the bestseller lists (#6 on both the Amazon and the New York Times bestseller lists), and last night he promoted the book on Comedy Central's Daily Show with Jon Stewart.

globe squeezedThe G-20 Pittsburgh summit is over, and the Steel City is returning to normal. For the rest of the world, however, the latest gathering of leaders of the world’s 20 strongest economic powers is likely to mark a turning point towards more comprehensive international regulation and control over finance and banking.

G20 PittsburghAlmost as if a global memo had been sent out, headlines of major media outlets across the planet announced the unfolding of the coming “New World Order” — with a smaller role for the United States and freedom. A correspondingly larger role will be reserved for tyrannical governments like China and global economic management by international institutions, the news reports explained.