Republican Sen. John McCain of Arizona placed phone calls to President Bush and Republican congressional leaders Saturday to help steer a bailout of failed financial institutions. ...more

September 28, 2008

I am outraged by the recent "solutions" proposed by our "leaders" in Washington to the financial crisis. Unelected bureaucrats and several shameful congressmen have staged a dangerous coup. They have hijacked our wonderful democratic and free market institutions and debased them into socialist nightmares that would make Hugo Chavez and Vladimir Putin blush. If that doesn't alarm you, then try this: Over the past three months, two unelected bureaucrats have decided to spend $1 trillion (at least) of your money to prop up their former colleagues or future consulting gigs. ...more

September 23, 2008

There is just one problem with the genius of capitalism. From time to time, it veers off into barking madness. ...more

September 18, 2008

The nation struggled with slow economic growth and still-high prices that are weighing on consumers and businesses alike as the race for the White House kicks into high gear. ...more

September 4, 2008

Confronted by problems at every turn - rising unemployment, shaky growth, credit troubles and creeping inflation - the Federal Reserve left an important interest rate unchanged, taking a gamble that for now the best move was no move at all. ...more

August 6, 2008

There's a debate in the media about the recession. ...more

July 25, 2008

Worried about rising inflation, Federal Reserve officials at their meeting in June thought the Fed's next move on interest rates was likely to be up. ...more

July 17, 2008

Federal Reserve Chairman Ben Bernanke has appealed to Senate Democratic leaders to confirm President Bush's long-pending nominations to fill two empty chairs as Fed governors, enabling a fully staffed central bank to handle the current financial crisis. He did not receive a favorable response from Sen. Christopher Dodd, Senate Banking Committee chairman. ...more

June 30, 2008

The Federal Reserve was scrambling to prevent a "contagion" from infecting the nation's financial system when it took unprecedented actions to back a Bear Stearns rescue package and provide emergency loans to big Wall Street firms. ...more

June 28, 2008

The Federal Reserve decided on Wednesday to leave a key interest rate unchanged and cited a heightened risk of inflation, which could lead to rate increases down the road. Private analysts said the Fed might delay the first rate increase until December. ...more

June 26, 2008