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Wealth


Analysts cite dangers of government intervention

As the damaging effects of the financial crisis continue to spread, there has been a tendency for people to turn to the government for solutions.

Gold rises on investor demand

The price of gold rose by more than 3 percent on Tuesday, as more investors turned toward the precious metal as a safe haven for their wealth.

Poll: 61% of Americans oppose more bailout spending

More than six in 10 Americans do not want any more of their tax dollars to be devoted to bailing out financial institutions, according to a new poll.

Libertarian Party: Spending will lead to waste and debt

If President-elect Barack Obama’s stimulus package goes ahead, the country will eventually be left with a "flat economy" and increased debt, according to the Libertarian Party.

Federal budget deficit reaches $485b

Amid talk about the multi-billion dollar stimulus package proposed by President-elect Barack Obama, new Treasury figures reveal that the federal budget deficit has already reached a record $485.2 billion for the first three months of fiscal 2009.

Obama’s big government plans

President-elect Barack Obama has made it clear that he believes government intervention is the best way to help the country overcome its current economic challenges.

Gold and Commodities Advancing On All Fronts

The price of all commodities is escalating. Farm products are reaching all-time highs, led by winter wheat. And prices at the grocery store keep rising. Always buy extra food items to store or freeze—and to beat the higher prices later—keep buying gold and silver coins. It is my opinion that those who possess gold and silver coins and stored food can survive. Get the facts when you read this article…

Cheney says financial crisis was not foreseen

The current financial crisis was completely unforeseen by the Bush administration, according to vice president Dick Cheney.

Adult entertainment industry seeks bailout funds

It may boggle the mind, but the adult entertainment industry has become the latest sector to ask the government for money to stay afloat.

Federal gas taxes could go up by 50 percent

As Americans change their driving habits, the federal government has seen a shortfall in the revenue collected from fuel taxes.

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