Why I'm Very Happy About Janet Yellen … President Barack Obama plans to nominate Janet Yellen as the next chairman of the Federal Reserve Board. In doing so, he will promote the pre-eminent policy economist of her generation to the role of the most powerful central banker in the world. Yellen is quite simply more qualified for the job than any of her predecessors … Tonight, I feel...Read More
Factional conflicts have the power to destroy empires – and republics … Bitter fights in Washington are making the US economy look much worse than it is. The US Founding Fathers abhorred factions. The 10th Federalist Paper by James Madison in 1787 is a study of how to defend the fledgling republic against the dangers of organised zealotry, the curse that blighted earlier republics in w...Read More
Why I'm Very Happy About Janet Yellen … President Barack Obama plans to nominate Janet Yellen as the next chairman of the Federal Reserve Board. In doing so, he will promote the pre-eminent policy economist of her generation to the role of the most powerful central banker in the world. Yellen is quite simply more qualified for the job than any of her predecessors … Tonight, I feel...Read More
Carter: Middle class today resembles past's poor…Former President Jimmy Carter said Monday that the income gap in the United States has increased to the point where members of the middle class resemble the Americans who lived in poverty when he occupied the White House.Carter offered his assessment of the nation's economic challenges Monday at a Habitat for Humanity construction sit...Read More
Britain must stay in the EU, says Nissan boss … Carmaker says threat of European Union import tariffs could be an "obstacle" for Nissan if Britain exits the single market. Nissan employs 6,400 people at the Sunderland car plant … One of the UK's most important foreign investors, the Japanese car-giant, Nissan, has said that Britain's membership of the European Union...Read More
Carter: Middle class today resembles past's poor…Former President Jimmy Carter said Monday that the income gap in the United States has increased to the point where members of the middle class resemble the Americans who lived in poverty when he occupied the White House.Carter offered his assessment of the nation's economic challenges Monday at a Habitat for Humanity construction sit...Read More
Britain must stay in the EU, says Nissan boss … Carmaker says threat of European Union import tariffs could be an "obstacle" for Nissan if Britain exits the single market. Nissan employs 6,400 people at the Sunderland car plant … One of the UK's most important foreign investors, the Japanese car-giant, Nissan, has said that Britain's membership of the European Union...Read More
Ben S. Bernanke, the world’s most-powerful central banker, says he doesn’t understand gold prices. If his peers had paid attention, they might have stopped expanding reserves that lost $545 billion in value since bullion peaked in 2011.Bernanke, who holds economics degrees from Harvard College and the Massachusetts Institute of Technology and led the Federal Reserve through the biggest...Read More
Sir Bob Geldof: 'All humans will die before 2030'… Bob Geldof based his miserable prediction on the effects of climate changeThe musician-turned-activist reckons the world will end in 2030 – leading to the extinction of humankind.Sir Bob, 61, based his miserable prediction on the effects of climate change.“The world can decide in a fit of madness to kill itself," he...Read More
Ben S. Bernanke, the world’s most-powerful central banker, says he doesn’t understand gold prices. If his peers had paid attention, they might have stopped expanding reserves that lost $545 billion in value since bullion peaked in 2011.Bernanke, who holds economics degrees from Harvard College and the Massachusetts Institute of Technology and led the Federal Reserve through the biggest...Read More
Sir Bob Geldof: 'All humans will die before 2030'… Bob Geldof based his miserable prediction on the effects of climate changeThe musician-turned-activist reckons the world will end in 2030 – leading to the extinction of humankind.Sir Bob, 61, based his miserable prediction on the effects of climate change.“The world can decide in a fit of madness to kill itself," he...Read More
Shutdown: A fight with no room for compromise … To end the government shutdown, all Speaker John Boehner (R-Ohio) needs to do is let the House of Representatives vote on a budget. It would pass within 30 minutes. Virtually all 200 House Democrats would vote to keep the government open, as would as many as 50 Republicans. An easy majority. But no. Boehner and other Republican leaders refuse t...Read More
IRS at 100: How income taxation built the middle class … Exactly a century ago, on October 3, 1913, President Woodrow Wilson signed the first modern federal income tax into law. The sky did not fall.That may have surprised the eminences of the American plutocracy. For years they had predicted the most dire of consequences should the federal government begin taxing the incomes of America&rsq...Read More
Shutdown: A fight with no room for compromise … To end the government shutdown, all Speaker John Boehner (R-Ohio) needs to do is let the House of Representatives vote on a budget. It would pass within 30 minutes. Virtually all 200 House Democrats would vote to keep the government open, as would as many as 50 Republicans. An easy majority. But no. Boehner and other Republican leaders refuse t...Read More
IRS at 100: How income taxation built the middle class … Exactly a century ago, on October 3, 1913, President Woodrow Wilson signed the first modern federal income tax into law. The sky did not fall.That may have surprised the eminences of the American plutocracy. For years they had predicted the most dire of consequences should the federal government begin taxing the incomes of America&rsq...Read More
Alberta bitumen is going on a journey next month: Operating company Canexus will start transporting 50,000 barrels of crude per day on trains destined for the US.The company is scheduled to start transporting from a new train terminal in Bruderheim, Alberta in Novemeber, the CEO of Canexus told Reuters reporters on Thursday.The initial load of 50,000 barrels will double by the second half of 2014,...Read More
Beacon Rock Research Founder, Mike Niehuser & International Tower hill Mine's President, Don Ewigleben discuss the recent ...Read More
Are we in the middle of a "veritable U.S. energy renaissance?" Editor Richard Stavros seems to think so. He cites all the cheap natural gas from the bountiful shale plays "driving a renewal in gas power plant development and the pipelines that feed them, as well as the retail and manufacturing sectors." And although some observers predict U.S. gas production will be slow, Mr. Stavros believes thes...Read More
This video demonstrates the proposed process for mineral extraction being considered for GoGold's Parral Tailings Project In ...Read More
Striking workers at Drummond's Colombian coal mine will not go back to work after wage negotiations failed on Tuesday.The country's coal output has been down by nearly one-third since labour action began two weeks ago, Reuters reports. Drummond - Colombia's second largest coal producer - offered the main union, Sintramienergetica, a 5% pay raise for miners at its two operations; the union was as...Read More