Venezuela introduces Cuba-like food card Presented by President Hugo Chávez as an instrument to make shopping for groceries easier, the “Good Life Card” is making various segments of the population wary because they see it as a furtive attempt to introduce a rationing card similar to the one in Cuba. The measure could easily become [...]

Personally I’m sick of the bullcrap and fake numbers that have come out of Washington for decades. With this latest group it began immediately with the notion of “created or saved” jobs. Then came the trickle-down stimulus bill that trickled into yacht payments and bonuses. So look at these charts. The seasonally-adjusted SGS Alternate Unemployment [...]

There is an instinctive conclusion among the American public that President Obama’s stimulus package has failed to create a sustained recovery. Unemployment has increased, not declined; consumers have retrenched; housing starts have crashed along with mortgage applications; and there is a fear that a double-dip recession may very well be in the pipeline. The public [...]