Red Alert postponed
Jerome Corsi, editor of Red Alert, has undergone major surgery. He is recuperating and will return with a new edition of Red Alert next week. Thank you.
Obama's Walt Disney lesson
President-elect Barack Obama plans to introduce his economic team to the nation this week. Obama will pledge his ability to convince the 110th Congress to approve $175 billion in a new government economic recovery plan. He will do this while also out...
Should the U.S. continue to make cars?
Should the United States even make automobiles anymore? At the end of World War II, this would have seemed like a ridiculous question. Had Gov. Mitt Romney been John McCain's vice presidential candidate, and had Romney dared (or been given permission...
Pirates are back!
Western Africa, including Somalia and Kenya, is headed toward a wave of internal violence in which radical Islam is making a move for political takeover. Classical 18th-century pirates are threatening to disrupt world trade with 21st-century weapons ...
Hope, change and familiar faces
If President-elect Barack Obama decides to nominate Timothy Geithner, the current president of the Federal Bank of New York, to be his new Treasury secretary, Obama apologists are going to have an increasingly hard time explaining how "hope and chang...
Citibank's near-death throes
In the 1990s and early 2000s, there was no stronger or more aggressive bank in the United States than Citibank. Few recall how financial services icon Sandy Weill built his lending empire from purchasing a $100 million credit-card portfolio that was ...
Obama to fail 1st test
Last week's 20-nation financial summit meeting held in Washington, D.C., looked liked any of the dozens of similar international meetings held worldwide over the last few decades, except for two key differences. First, the leaders were meeting in the...
Plastic money becomes explosive
Bad economic news today seems like the old adage, "When it rains, it pours." Along with failures of subprime mortgages and the bankruptcies of financial assets that bought the collateralized mortgages in their portfolios, we are now facing another ro...