Jim Rahenkamp postulates that "the silver tongued Pied Piper of Change" has led us down the slope so far and with such momentum that we have reached the point of no return. He states, "Capitalism requires that production must exceed consumption" and "We no longer export more than we import." I assume this was meant to imply that this condition has come about during the less than six months that President Obama has been in office. ...more

June 17, 2009

The U.S. trade deficit has gone on a diet, helped by strong exports of farm products and manufactured goods and by Americans spending less as the economy limps along. ...more

August 13, 2008

President Bush appealed Saturday for swift congressional action on an economic rescue initiative and an electronic surveillance law that soon expires. ...more

January 27, 2008

in priority order - the global war on terrorism, the shrinking U.S. dollar, the increasing trade deficit, threat of a recession, and the increasing national debt. Most alarming about this list is what didn't even make the top five. ...more

December 26, 2007

The recently announced deal between the NASDAQ and Borse Dubai brings back memories of 2006 deal, in which Dubai Ports World would have inherited six American ports in its takeover of the British firm P&O. ...more

October 8, 2007

In a finding sure to affect the presidential campaign, Republican voters are now skeptical of the value of free trade, according to a new Wall Street Journal/NBC News poll. ...more

October 7, 2007

John Novack of Hudson says don't wait for China to be a democracy. ...more

September 4, 2007