Economy News

Economy US Lawmakers Launch Push To Repeal NAFTA
Contributed by Fiatlux on Friday, March 05 at 15:41 (442 reads)

U.S. lawmakers launch push to repeal NAFTA

   Doug Palmer, WASHINGTON
   Thu Mar 4, 2010 4:35pm EST

WASHINGTON (Reuters) - A small group of U.S. lawmakers unveiled legislation
on Thursday to withdraw from the North American Free Trade Agreement in the
latest sign of congressional disillusionment with free-trade deals.

The bill spearheaded by Rep. Gene Taylor, a Mississippi Democrat, would
require President Barack Obama to give Mexico and Canada six months notice
that the United States will no longer be part of the 16-year-old trade
pact.

Read More » (440 words)  |   25 comments


Economy Millions Of Unemployed Face Years Without Jobs
Contributed by RickW on Monday, February 22 at 09:37 (426 reads)

Even as the American economy shows tentative signs of a rebound, the human toll of the recession continues to mount, with millions of Americans remaining out of work, out of savings and nearing the end of their unemployment benefits.

Economists fear that the nascent recovery will leave more people behind than in past recessions, failing to create jobs in sufficient numbers to absorb the record-setting ranks of the long-term unemployed.

Read More » (197 words)  |   2 comments


Economy A Reluctance To Spend May Be A Legacy Of The Recession
Contributed by RickW on Saturday, August 29 at 14:28 (836 reads)

A reluctance to spend MAY be a legacy of the recession??

Even as evidence mounts that the Great Recession has finally released its chokehold on the American economy, experts worry that the recovery may be weak, stymied by consumers’ reluctance to spend.

Read More » (150 words)  |   16 comments


Economy Global Economy To Get 'shock Of Its Life' When Oil Hits Triple Digits
Contributed by RickW on Monday, July 06 at 09:06 (1,323 reads)

Energy expert and former CIBC economist Jeff Rubin says global economy will get the "shock of its life" within 12 months of the end of the recession when oil prices hit triple digits and the age of globalization starts to come to an end.

Read More » (71 words)  |   0 comments


The reason Free Traders and Free Marketeers rage against so-called "Protectionism" is because it regulates and contains their excesses and provides real justice for smaller and weaker economies.

Read More » (1607 words)  |   4 comments


Economy But....Will They Build A Better Car??
Contributed by RickW on Sunday, May 31 at 16:09 (794 reads)

Tentative Deal for G.M.’s Opel Is Latest Shift for Industry

Read More » (106 words)  |   0 comments


Economy Industry Fears U.S. May Quit New Car Habit
Contributed by RickW on Sunday, May 31 at 16:08 (857 reads)

For all the drastic cuts and financial overhauls that are meant to secure a future for General Motors and Chrysler, their prospects in coming years will be determined more by the answer to a simple question: Can American drivers live without that new-car smell?

Read More » (142 words)  |   6 comments


 The economic Crash is U.S.-created, and it began even before the presidency of Ronald Reagan.

Read More » (1622 words)  |   18 comments


The great world financial meltdown of 2008-9 was not, as they desperately keep repeating over and over and over again, something that noone could have seen coming - it is, rather, the greatest sting of history.

Read More » (1629 words)  |   5 comments


The erasure of any political theory that conflicts with Capitalsit and "Free Market" theory has flattened political thought.  The result is blind enslavement to bad ideas. 

Read More » (1316 words)  |   5 comments


Economy Job Losses Hint At Vast Remaking Of US Economy
Contributed by RickW on Monday, March 09 at 09:48 (1,297 reads)

As government data revealed that 651,000 more jobs disappeared in February, a sense took hold that growing joblessness may reflect a wrenching restructuring of the American economy

Read More » (150 words)  |   0 comments


Economy Part Two. The Wisdom Of Protectionism. The Madness Of Free Trade
Contributed by Robin Mathews on Sunday, February 22 at 18:27 (1,844 reads)

 The advocates of "Free Trade" never cease extolling its virtues.  But it has none.  "Free Trade", in fact, doesn't exist, but is a code name for exploitation of the weak.

Read More » (1682 words)  |   5 comments


Economy The Wisdom Of Protectionism. The Madness Of Free Trade.
Contributed by Robin Mathews on Wednesday, February 18 at 09:04 (1,793 reads)

The financial crash, the credit freeze,  and the economic downturn we are living through are presently being "repaired" by the very people who caused the disasters - over decades. Something is deeply wrong - and will get worse until ordinary people demand something very different from the present "solutions".

Read More » (1190 words)  |   18 comments


Economy How Realistic Is A North American Currency?
Contributed by NAUWATCH on Thursday, January 29 at 13:04 (1,980 reads)

Commentary: Uniting U.S., Canada, Mexico money could result from crisis

 

Thomas Jefferson once said: "When you reach the end of your rope, tie a knot in it and hang on." As the global financial system pushes on a string, investors are desperately trying to hold tight.

The New World Order is upon us, full of hope, promise and a fair amount of fear. In our recent discussion regarding the direction of our country, we noted the risks of catering to conventional wisdom and the implications for the U.S. dollar.

 

Read More » (91 words)  |   2 comments


Economy Harper Government At Right Angles To The Rest Of The World?
Contributed by RickW on Friday, January 02 at 08:52 (2,617 reads)

If the idea of bailouts and government spending is to "grease" local economies, why is the Harper government so determined to be the exception to the rule?

As is usual with this government:

Officials from the Department of National Defence did not answer several requests for an interview....

Read More » (234 words)  |   5 comments


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