Obama Inches U.S Toward Debt Crisis, or Bankruptcy

As Barack Obama held his first press conference in months to promote his new $50 billion economic payback to unions, it bears reading a little-known reports from the Congressional Budget Office admitting out-of-control spending is leading us perilously close to a Greek-style meltdown. CNSNews.com has uncovered an obscure CBO report from July that states, "Combined with an unfavorable long-term … [Read more...]

George Soros’ New Plan for Globalism and Crony Capitalism

When George Soros invests $50 million to revolutionize the way Americans think about a certain issue, it would normally be deemed newsworthy. Not so with the formation of the Institute for New Economic Thinking (INET). Three months after a summit in New York state last July, Soros pledged $50 million to INET, which promises “to promote changes in economic theory and practice” by … [Read more...]