The DJIA (Dow Jones Industrial Average) dropped 115.48 points to end the day at 9816.49. The Nasdaq Composite dropped 45.27 points to 2173.90. This represents a drop of 1.35% for the Dow and 2.04% for the Nasdaq. The plunge occurred in the absence of any major market news. This is a strong indicator...

The U.S. government has issued a new set of regulations governing virginity — the virginity of olive oil that is. The Obama Administration’s Department of Agriculture has determined that, while our nations economy is struggling under record levels of Federal debt, it is a wise use of taxpayer...

Reacting to a negative jobs report, the stock market plunged over 250 points to once again fall below the emotionally important level of 10,000. Unemployment fell from 9.9% to 9.7%, but this was largely due to the hiring of 411,000 temporary Federal workers as part of the census effort. Only 41,000...

President Obama was proud to leak data from Friday’s jobs reports data to his supporters early this week, but the details of the report were far less optimistic than the picture Obama painted.  The stock market fell sharply on the actual data, currently falling more than 250 points and below the...

The Bureau of Labor Statistics (BLS) issues a report every month listing the employment statistics of the previous month.  These reports are extremely valuable to financial analysts, especially now that the unemployment rate is almost double what it was under the Bush administration.  Stocks rise and...

This headline almost sounds like it should be published in The Onion, but this is in fact real news. The Iranian government’s official PressTV has announced that the Iranian central bank is selling 45 Billion Euros and replacing them with U.S. Dollars and gold ingots. This clearly means that the...

Goldman Sachs, AIG, and other large Wall Street firms have been contributing massive amounts of money to the Democratic Party, including President Obama and most of the senior leaders in the Senate and the House.  Until recently, it was believed that the purpose of these contributions was to prevent...