After a year of forcing Democrats to pay for nearly every measure taken by Congress, from an extension of unemployment benefits to providing aid to states to avoid teacher layoffs, Republicans are now …

Amid waning U.S. influence, it’s a good bet that nations around the world will be looking to align with various up-and-comers. But as with any power struggle, it might not be obvious who the eventual winners and losers will …

House lawmakers are set to vote Friday on a piece of legislation deigned to bolster the nation’s infrastructure, create jobs and crack down on multinational companies that evade taxes.
The Investing in American Jobs …

That’s the thing about the “unthinkable”: after people experience one highly improbable event after another, they naturally question a host of other assumptions. Thus, in a world that has witnessed economic and financial upheavals that …

Despite the near certainty of its defeat because of unanimous Republican opposition, Senate Democrats forged ahead yesterday with a piece of legislation that would enact spending limits on the U.S. subsidiaries of …

There are dozens of ways to slow down or kill legislation on the federal level, which is exactly what senators are doing by kicking the can down the road with nearly 70 studies mandated by …

They command enormous audiences of loyal followers, set the agenda for some in the Republican Party and have made fortunes through their media empires, but are Rush Limbaugh and Glenn Beck good for America?
All Obama-Nazi/Hitler …

The longest serving member of Congress in American history, Sen. Robert Byrd, 92, of West Virginia, passed away early Monday morning after being hospitalized for heat exhaustion and dehydration, according to multiple …

I’ve noted China’s interest in Africa’s commodity riches on more than one occasion. In the Introduction to When Giants Fall, I for example I wrote that China (and other nations)b
have been aggressively wielding their financial firepower …

China has used its massive sovereign wealth fund to invest in American real estate, financial markets, the energy sector, technology companies and other entities, but last week a state-owned media conglomerate may have attempted the …

After two weeks of intense negotiations, in the wee hours of the morning lawmakers agreed to final compromises in a bill set to be the most sweeping financial reforms since the Great Depression, paving the …

For some years a number of groups have mounted an anti-incumbency campaign aimed at ridding Congress of the huge majority that keep getting reelected despite miserable performance. This year’s midterm elections provide the ultimate test …

President Barack Obama handed over the command of U.S. and NATO forces in Afghanistan Wednesday to Gen. David Petraeus after accepting the resignation of Gen. Stanley McChrystal for disparaging remarks he and his aides made …

Damon talks a lot about the CFR (Council on Foreign Relations). That’s because the power players behind the political and money scenes comprise the management of the CFR. They use it to advance their agenda …

Just when all hope seemed lost for the United States, Landon Donovan came through with a 91st minute goal off of a rebound from a Jozy Altidore shot to put his team ahead 1-0 and …

Obama announces that general Stanley McChrystal is to be replaced by General David Petraeus as top commander in Afghanistan. This follows the recent critical remarks voice by gen. McChrystal.

Maywood, California is no Mayberry, North Carolina, especially without Andy Taylor and Barney Fife, or any police force of its own for that matter.
In what is being described as an unprecedented move by California standards, …

As a few million 83 Americans stay home to watch the all important 3rd game of the opening round of the World Cup, I expect Wall Street trading volume to be a trickle this morning.  …

It’s been an unseasonably warm June in Washington thus far, but that hasn’t slowed policymakers from continuing work on a variety of issues of importance to investors. The past several weeks have been …

Peter Orszag, the White House’s director of the Office of Budget and Management, will step down from his position next month, becoming the first cabinet-level official to leave the Obama administration, according to multiple media …

What have things come to where I side with Congress?  The dysfunctional and crony dominated board of directors system in Cramerica is one of the worst aspects of our version of business.  A “you scratch …

The Wars in Afghanistan and Iraq are costly, especially in terms of lost lives. However, they are probably not as expensive in financial terms as people think.
In 2010 national defense costs about 680 billion dollars, …

In yet another example of the animosity between China and the U.S. in trade issues, three senators representing Rust Belt states have introduced legislation that would prevent Chinese businesses from winning any government contracts unless …

The study I highlighted yesterday on New York pensions has hit the mainstream this morning, with a quite massive write up in the New York Times.  There is a lot more detail in the story …

One day after agreeing during a White House meeting to set aside $20 billion for a victims’ compensation fund, BP bp CEO Tony Hayward made the trek to the other end of Pennsylvania Avenue to …

The New York Times recently ran a story claiming that $1 trillion worth of mineral wealth lay under the soils of Afghanistan, and this war-ravaged country could become “one of the most important mining centers …