Intelligent US Politics American Politics. No Liberal Spin.

Sales of previously owned homes fell 27 percent in July to the weakest level in 15 years, the National Association of Realtors reported last week. This represents the largest single monthly drop in history and they've been keeping these records for 40 years.

Obama, like Roosevelt, is instituting solutions which have and will continue to make this recession much worse than it would otherwise be.

Congress has approved another emergency bailout. Another bailout, another $26,100,000,000. Just another in a long line of massive Obama bailouts we’ve been forced to accept as an emergency. Nancy Pelosi and House Democrats spent $26,100,000,000 of  taxpayer money with such ...

The vaunted AAA credit rating the US has always enjoyed is at risk. Preserving debt affordability at levels consistent with AAA ratings will invariably require fiscal adjustments of a magnitude that will test social cohesion.

Moody's says that even AAA-rated US Treasury bonds, considered the safest of investments, could be downgraded if Washington continues on its current path of failing to manage the federal debt.

WASHINGTON (AP) — President Barack Obama told banks Thursday they should pay a new tax to recoup the cost of bailing out foundering firms at the height of the financial crisis. “We want our money back,” he said. All American ...