Why iPhones Aren’t Made In America

It’s not just low wages that have kept technology manufacturing jobs out of the United States.

Ron Paul: Yea I Wrote The Newsletters, But Not Those Icky Parts

Ron Paul has a new explanation for those newsletters of his.

Ron Paul Doesn’t Want To Talk About His Newsletters Anymore

Ron Paul doesn’t want to talk about his newsletters now, but he was pretty talkative 15 years ago.

A 25 Year Recession?

How To Worry

A list of international contingencies to worry about in the coming year. Handy as a stocking stuffer!

Eurozone Too Big To Save?

“The debt crisis is burrowing ever deeper, like a worm, and is now reaching Germany.”

Republican Candidates To Europe: Drop Dead

Last night, most of the leading Republican candidates for President acted as if Europe was on another planet.

Occupy Wall Street: Something For Everyone

What do this people want? Can’t you read the signs?

Banks Have Too Much Money!

Banks have more money than they can lend out profitably.

Occupy Wall Street Response to Cheating, Not Winning

Occupy Wall Street is not motivated by envy of the rich or even animus towards banks.

Occupy Wall Street: What It Isn’t

There’s no consensus for European-style social democracy or a Randian libertarian paradise.

The Utter Folly Of Herman Cain’s “9-9-9” Plan

Now that he’s a top tier candidate, it’s hard to see how Herman Cain’s tax plan can withstand serious scrutiny.

Two To Three Weeks To Prevent A Meltdown In Europe?

It’s time to start being concerned about Europe.

Economy Adds Jobs, But Recovery Still Weak

September’s jobs report was better than expected, but still not very good.

Political Fantasy World

It never ceases to amaze me how many smart people manage to believe, against all evidence to the contrary, that their political philosophy has massive support.

Our Present Crisis: Recession, Depression, Or Something More Fundamental?

The world is likely to get worse before it gets better.

Rick Perry’s Crony Capitalism

Rick Perry’s vision of capitalism doesn’t exactly comply with what Adam Smith had in mind.

Government Fighting Back Against S&P?

Is S&P’s downgrade of the US bond rating “free speech” and thereby protected by the Constitution?

Italy Raids S&P, Moody

Lost in the hubbub of S&P downgrading the US bond rating is news that the Italian government has the ratings agencies under criminal investigation.

Risk and Sovereign Debt

Upon further review, S&P’s downgrade of the United States bond rating . . . still makes no sense.

Downgrading Standard & Poors

While it’s hard to argue with S&P’s political analysis, its economic judgment is a head-scratcher.

Should Jon Huntsman Be Considered A Contender?

On paper, Jon Huntsman looks like a great General Election candidate. The problem is it seems impossible for him to win the GOP nomination.

Congress vs. Obama on Libya

The War Powers Act’s 90 day limit is in sight. Will Congress force the president’s hand?

U.S. v. John Edwards: Both Sides Are Rolling The Dice

Both sides in the John Edwards case are heading into uncharted territory.

Two on Greece, the Eurozone, and the IMF

What we don’t know might hurt us.

The Eurozone Crisis Won’t Just Go Away

Despite what appear to be the fond hope of European central bankers that it will just all go away, something needs to be done. But what?

Postal Service Nears Collapse

Business Week’s cover story examines the coming implosion of the US Postal Service as we know it.

President Obama’s Address to Parliament

While President Obama has had some amusing gaffes on his trip to London, including getting the year wrong in the guest book and an awkward toast to the Queen, his speech to Parliament today hit all the right notes.

Congress Credit Application Denied

“Our records indicate that your annual income for the 2011 taxable year was $2,170,000,000,000. You have requested a credit limit of $17,000,000,000,000. These figures exceed the American Public’s guidelines for credit issuance”

Teaching Entrepreneurship

Can most people learn the traits to be highly successful in business?

What Lessons Has The Economy Learned From 2008? Apparently None.

The systemic risks of financial institutions haven’t changed much since 2008.

Ben Bernanke: GOP Spending Cuts Will Not Harm Economic Growth

Speaking before Congress yesterday, Fed Chairman Ben Bernanke debunked the assertion that the GOP’s relatively modest $61 billion spending cut package would significantly harm economic growth.

Alec Baldwin Faces Tax Charges

Actor Alec Baldwin is among hundreds being targeted by New York City for tax evasion. Is it reasonable to have to prove where you live?

Sarah Palin On Iran: Speak Loudly And That’s About It

Sarah Palin waded into the foreign policy pool today with a piece about Iran, and it was about as empty as most of the other ideas on Iran that we’ve heard over the last six years or so from everyone else.

Feds Force Bank to Remove ‘Merry Christmas’ Sign

Fed examiners made a bank take down a “Merry Christmas, God With Us” sign. Then the “system” kicked in.

Peter Orszag and the Corruption Inherent in the System

Peter Orszag, President Obama’s first budget director, is headed to Citigroup and a multimillion dollar salary.

Electronic Money Coming to a Bank Near You

Citibank is helping the US catch up to the rest of the world with free, easy wire transfers.