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Bankruptcy and War

By: Justin Raimondo

Well, I guess that makes it official: Rep. Barbara Lee (D-Calif.) has introduced a resolution in the House of Representatives “expressing the sense of the House of Representatives that the current economic slowdown in the United States is directly related to the enormous costs of the ongoing occupation [...]

Home Prices fall 10.7% in January

Home Prices and Consumer Sentiment Slide

Home prices across the country continued to fall in January at record rates while one measure of consumer confidence reached a five-year low.

The value of single-family homes plummeted 10.7 percent in January compared with a year earlier, as measured by the Case-Shiller index, a closely watched [...]

Mr. Bush and the Tower of Babel

by Pat Buchanon

On reading George Bush’s discourse to the New York Economic Club last week, Cicero’s insight came to mind:

“To be ignorant of what occurred before you were born is to remain always a child.”

With Iraq entering its sixth year, the dollar sinking to peso levels, the economy careening into recession, [...]