President Obama has trumpeted the temporary payroll tax cut as his major victory for middle class Americans. Unfortunately, he isn't telling you about the massive screwing over homeowners are getting to pay for a few hundred dollars in savings. Hidden in the bill that the president signed that came down from the Senate is a provision that adds a minimum monthly fee of one tenth of one percent...

Jay Maynard posted a link to an advert from Moveon.org that illustrates how our children will have to pay off the government's debt. The trouble with this argument is that it concentrates on the movement of money instead of the movement of resources. This way of thinking can lead to all sorts of mistakes. If the government borrows a trillion dollars, the argument goes, that is a trillion doll...

They were drawn in by the promise of change and are now saddled with tens of thousands of dollars of debt! College students voted en masse for Barack Obama in 2008, drawn in by his smooth delivery and promises of change that the American public could believe in. For many the 2012 presidential election will be a different story as this new Debt Generation faces the massive growth of the US national...

If you are depressed about the economic state of the world, one way to cheer yourself up is to google things like "fracking" or "natural gas". Another is to try "3D printing". That was how I found my way to this piece, about a company which has started selling 3D printers to … people. From what I can make out, each printer now costs something like two thousand dollars, more or less...

Benchmark short-term eurozone bank lending rates fall for 14th day in a row and cost for European banks to fund in dollars eases

Tony and Cherie Blair are renowned - some may say notorious - for enjoying the largesse of wealthy friends. But even by their own standards, their closeness to one of Hollywood's best connected couples may take some beating.

Senator Tom Coburn, MD (R-OK) is one of my favorite senators, and one who is unfortunately keeping his word to his constituents and retiring after this term. He just published a report about a number of ways your tax dollars are outright wasted, and he didn't even include the Obama's $4 million plus vacay in the most expensive hotel in Hawaii. “Video games, robot dragons, Christmas...

He’s been reading Ritchie’s report and comes out with this: While the United States has one of the most effective tax regimes, especially for on-the-books wage earners and pensioners, and one of the smallest underground or shadow economies, it has the largest amount of tax evasion measured in dollars. Yes, having the largest economy in

A flagship green climate fund aimed at channelling billions of dollars to help poor countries tackle global warming has been put on ice at the Durban climate summit

For all those parents around the country sending little Billy and Sally away to school, what will they be learning and what if any possibly violent situations could they be faced with? So your kid was accepted to his or her dream college and as the parent, save for having to pay for it, you couldn't be more proud. But beyond the known academic reputation of the school, what you heard from a g...