
Foreign demand to buy up U.S. debt rose to a record level in February, as China and Japan jockey to be the top foreign owner of the record $5.66 trillion in foreign holdings of U.S. securities. Currently, China holds $1.22
by Wynton Hall15 Apr 2013, 1:22 PM PST0

On Monday, gold prices nosedived to their worst two-day loss since 1983, breaking below $1,400–far removed from a September 2011 high of $1,920. “There are a lot of people throwing up their hands. Throwing positions overboard. Panic is everywhere,” said
by Wynton Hall15 Apr 2013, 10:21 AM PST0

The Internal Revenue Service (IRS) is denying allegations leveled by the American Civil Liberties Union (ACLU) that IRS agents may snoop through private emails, texts, and Facebook pages without a warrant as part of the agency’s investigations. The ACLU’s charges
by Wynton Hall14 Apr 2013, 3:31 PM PST0

President Barack Obama and First Lady Michelle Obama paid an effective tax rate of just 18.4% in 2012 federal income tax. The figures, released by the White House, come as Obama included in his recently released budget the so-called “Buffett
by Wynton Hall14 Apr 2013, 3:28 PM PST0

A new study by the libertarian Reason Foundation finds that the California High-Speed Rail System will saddle taxpayers with losses between $124 million to $373 million a year. Exaggerated ridership estimates and slower-than-promised trip speeds make the California bullet train
by Wynton Hall13 Apr 2013, 7:17 AM PST0

Sen. Jay Rockefeller (D-WV), one of the architects of the Affordable Care Act, said on Tuesday that the healthcare law, set to go into full effect in less than eight months, is “probably the most complex piece of legislation ever
by Wynton Hall12 Apr 2013, 2:39 PM PST0

President Barack Obama’s newly unveiled 2014 budget reveals that his original 2010 deficit projections were off by $1,631,000,000,000–or 43 percent. Obama’s initial deficit projection for 2010 to 2014 was $3.767 trillion. In his latest budget, submitted two months after the
by Wynton Hall12 Apr 2013, 11:14 AM PST0

An analysis by GOP Senate Budget Committee staff finds that each American household’s share of the U.S. national debt would jump to $189,000 under President Barack Obama’s newly released 2014 budget. Presently, each household’s share of the debt is $133,000. The
by Wynton Hall12 Apr 2013, 10:00 AM PST0

Newsmax says there is a reason progressives like former Obama Green Jobs Czar Van Jones are so incensed about a new biography chronicling the life of presidential strategist-turned-Fox News Chairman Roger Ailes: he is “the man Obama fears the most.”
by Wynton Hall11 Apr 2013, 8:59 PM PST0

Former White House Green Jobs Czar Van Jones says a controversial new biography of Fox News Chief Roger Ailes contains quotes attributed to Ailes that are tantamount to a “disgusting… racial charge” against President Barack Obama. On pages 222-223 of
by Wynton Hall11 Apr 2013, 4:26 PM PST0

Obamacare critics warned that President Barack Obama’s rosy $2 billion cost estimate for the government’s so-called “insurance exchanges” would likely rise. On Wednesday, they more than doubled. Health and Human Services Department (HHS) budget documents state that the federal government
by Wynton Hall11 Apr 2013, 5:42 AM PST0

The White House Office of Management and Budget (OMB) released figures with President Barack Obama’s 2014 budget that reveal he will become the first president in U.S. history to spend $4 trillion in a single year. In fiscal 2016, the
by Wynton Hall11 Apr 2013, 5:40 AM PST0

On Wednesday, the daughter of President Barack Obama’s former pastor, Rev. Jeremiah Wright, was indicted on charges of lying to federal authorities and money laundering. Jeri Wright was charged with seven counts of giving false testimony to a grand jury,
by Wynton Hall10 Apr 2013, 8:52 PM PST0

On Wednesday, Ranking Member of the Senate Budget Committee Jeff Sessions (R-AL) said that President Barack Obama’s proposed budget would “depress the American economy under a never-ending avalanche of debt” that is “not merely reckless; it’s unthinkable.” Sessions said the
by Wynton Hall10 Apr 2013, 10:42 AM PST0

A House and Senate GOP Budget Committee analysis of President Barack Obama’s newly released budget says the plan achieves just $119 billion in net deficit reduction, not the $1.8 trillion the White House claims. The GOP analysis finds that Obama’s
by Wynton Hall10 Apr 2013, 9:43 AM PST0

For the fourth time in his presidency, President Barack Obama submitted his budget proposal well after the legally-required February 4th deadline, angering both Republicans and Democrats who are declaring the $3.8 trillion Obama budget dead on arrival. The deficit-busting Obama
by Wynton Hall10 Apr 2013, 8:02 AM PST0

On Monday, the progressive Huffington Post blasted Congress and President Barack Obama for being “missing in action” in combating the brutal effects of the Obama economy on ordinary Americans falling into poverty. “The issue has all but disappeared from the
by Wynton Hall9 Apr 2013, 11:38 AM PST0

The rapid rise in the number of Americans applying for and entering the Social Security Administration disability program has cost an estimated 0.6% of national output since the start of the recession, representing roughly $95 billion annually in lost economic growth. Each
by Wynton Hall9 Apr 2013, 10:44 AM PST0

After spending a year studying political intelligence firms that gather insider political tips and sell them to investment firms, the Government Accountability Office (GAO) issued a 34-page report that named few names and contained no recommendations for how to crack
by Wynton Hall8 Apr 2013, 7:21 PM PST0

Since President Lyndon Baines Johnson declared “war on poverty,” U.S. taxpayers have spent $15 trillion on so-called anti-poverty programs–a figure slightly less than the national debt. Sean Hannity, Government Accountability Institute President Peter Schweizer, and Breitbart News Executive Chairman
by Wynton Hall5 Apr 2013, 7:21 PM PST0

U.S. taxpayers now fund 126 separate federal anti-poverty programs each year. The startling statistic was just one of many presented in an eye-opening one-hour Sean Hannity special titled “Boomtown 2: The Business of Food Stamps.” The program, which featured Government
by Wynton Hall5 Apr 2013, 6:58 PM PST0

The purpose of the food stamp program, officially known as the Supplemental Nutrition Assistance Program (SNAP), is to provide nutritious foods to the poor. But according to Sean Hannity’s one-hour special, “Boomtown 2: The Business of Food Stamps,” which featured
by Wynton Hall5 Apr 2013, 6:58 PM PST0

The Obama White House is scrambling to blame Friday’s abysmal March jobs numbers on the sequester’s trimming of the rate of growth in federal budgets that have yet to fully commence. After the Labor Department announced that a mass exodus
by Wynton Hall5 Apr 2013, 2:02 PM PST0

A new book by former Reagan budget director David Stockman reveals that during the financial meltdown of 2008, the Federal Reserve “pumped out fresh cash at the rate of $700 million per hour, adding another $900 billion to its balance
by Wynton Hall4 Apr 2013, 12:50 PM PST0

“Sean Hannity Special–Boomtown 2: The Business of Food Stamps” with Government Accountability Institute’s Peter Schweizer and Breitbart’s Stephen K. Bannon is scheduled to air on Friday, April 5th at 9:00 p.m. EDT on the Fox News Channel. With nearly 50
by Wynton Hall4 Apr 2013, 11:44 AM PST0