When the European Commission ruled that Apple must pay $14.5 billion to Ireland in taxes, Apple vowed to fight back because the commission is enforcing its own tax mandates, not Ireland's.

A coalition of Republican lawmakers introduced a bill in Congress that would prohibit any federal or “funny-money” funding to bail out to state, county, local, or territorial governments across the United States. If the legislation is approved, the prohibition would apply to bailouts by both the Obama administration's Treasury and the “independent” Federal Reserve System, which in recent years has conjured trillions of dollars into existence out of thin air to bail out mega-banks and other cronies in America and worldwide. Some analysts, though, are skeptical of the motives. 

Republican presidential candidate Donald Trump has made trade a signature issue of his campaign. Are trade agreements such as NAFTA and TPP bad for the U.S. economy, and if so, what can be done about them?

 

 

Ten or the largest banks have $147 billion in revolving credit lines to the oil industry that are likely to expand their exposure to the energy industry just when they'd rather reduce it.

Predictions of a global recession are now coming more and more from mainstream economists and analysts.

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