The joyous celebration by environmentalists that California's Monterey shale oil formation is presently inaccessible will likely turn out to be premature.

 

 

 

 

 

Behind the media's celebratory headlines about a victory over fracking is the plain and simple fact that this verdict was no victory over fracking.

Looking past Friday's rosy jobs report headlines from the Bureau of Labor Statistics reveals an economy that is far from robust.

The Bureau of Labor Statistics reported that 20 percent of American families have no working members — adding to the already disturbing news about the financial shape of families.

 

Vallejo, California, is on the verge of its second bankruptcy, primarily because of its unwillingness to negotiate its pension plans' terms.