Americans have slammed their wallets shut since the financial meltdown, and the future is looking downright scary for stores across the country and the whole U.S. economy. ...more

November 15, 2008

The campaign that had increasingly seemed more uncivil war than election run-up is finally behind us. But the post-mortems and Monday-morning quarterbacking are not likely to end even on Inauguration Day, Jan. 20. And Sarah Palin speculation, to be sure, will become a national pastime until she finally signs on with Fox News. As a result, Louisiana Gov. Bobby Jindal will continue to look ever more competent and mature beyond his years. ...more

November 6, 2008

After years of unfettered growth in military budgets, Defense Department planners, top commanders and weapons manufacturers say they are almost certain that the financial meltdown will have a serious impact on future Pentagon spending. ...more

November 4, 2008

God is identified with the weak, the poor, and the powerless. Jesus was clear when he said people will experience God when they feed the hungry, clothe the naked, and minister to the sick. ...more

November 1, 2008

The charge has been made that the election of Senator Obama would result in a redistribution of wealth in this country. In my opinion we have just witnessed the greatest redistribution of wealth, all to the top, since the beginning of the 20th century and with the same result. We are now in a full-blown recession with the distinct possibility of descending into a depression. With the economy in the worst condition since 1930, take a good look at the advisors the presidential candidates have chosen. In the case of Senator McCain, his top economic advisor is Doug Holz Eakins. Mr. Eakins served as chief economist for President George W. Bush. The stated purpose of the tax cuts passed by the Bush administration was to create jobs. Unfortunately for us, most of the jobs were created in China, India, Mexico and not here in the United States. This is the policy that Senator McCain wants to extend. I find it hard for Mr. McCain to distance himself from President Bush's failed policy when he is listening to the same people extolling the same ideas. ...more

October 18, 2008

Canada's national media are projecting that Prime Minister Stephen Harper, the first major world leader to face election since the global financial meltdown, has led his Conservative Party to victory in Tuesday's election. ...more

October 15, 2008

Paul Krugman, a Princeton University scholar, New York Times columnist and unabashed liberal, won the Nobel Prize in economics Monday for his analysis of how economies of scale can affect international trade patterns. ...more

October 14, 2008

September's dismal sales results from mall-based apparel chains, released Thursday, offered more fresh evidence that U.S. consumers, spooked by the financial meltdown, shut their wallets tight last month. ...more

October 10, 2008

Saying John McCain has been a "sidekick," not a maverick, Democratic vice presidential nominee Joe Biden got aggressive toward the Republican ticket in a speech at the University of South Florida on Wednesday. ...more

October 9, 2008

The now-bankrupt investment bank Lehman Brothers arranged millions in bonuses for fired executives as it pleaded for a federal lifeline, lawmakers learned Monday, as Congress began investigating what went so wrong on Wall Street to prompt a $700 billion government bailout. ...more

October 6, 2008