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Geithner acknowledges runaway federal spending is a problem

Image of Even Timothy Geithner recognizes the danger of runaway federal spending, but there remains no plan to hold it in check.

Treasure Secretary Timothy Geithner is calling the government's long-term fiscal commitments "unsustainable" and is calling for the ... continue reading

Bernanke comments on idea - moving central bank to gold standard

Image of The US once had a gold standard, but moved away from it after it was criticized during the Great Depression as preventing meaningful action.

Proponents of the gold standard won't like hearing Ben Bernanke's recent comments where he panned the idea as a handicap on the ... continue reading

Cost of living increases - Time for a raise?

Image of Try not to spend it all at once...

If you're feeling a little pinch on the green, it's not because of St. Patrick's Day. According to economists, the cost of living in the US ... continue reading

Former employee blasts Goldman Sachs, firm loses billions overnight

Image of Goldman Sachs is in trouble after an op-ed by a former employee.

The Goldman Sachs investment firm continues to reel from a scathing attack that originated within its ranks. A recent employee with 12 ... continue reading

Recession continues for Main Street - may cost Obama election

Image of The jobs economy is every bit as important as the health of the overall market.

It's been repeated by economists for months - the recession is over. But tell that to the unemployed on Main Street. The US is now in the ... continue reading

Who to blame for high gas prices

Image of Neither tensions with Iran, nor the fundamentals of supply and demand seem to support the current prices for crude oil, leaving speculators to blame.

Speculators are driving up the price of gas, at least according to Bernie Sanders, former senator from Vermont. According to an editorial ... continue reading

Catholic Entrepreneurs and the Common Good Watch

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There is an unfortunate tendency to equate the Church's social doctrine with economic socialism, which is a mistake of the first ... continue reading

Catholic Social Doctrine: Morality and the Economy Watch

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The Church insists that there is something greater than economics.  A "meta-economic order," one which is moral, exists outside of the ... continue reading

Apple petitioned - will anything change?

Image of Apple was once an icon of counter-culture, now it is becoming a symbol of everything that's wrong with the establishment.

Activists and consumers are telling Apple they want an "ethical iPhone" referring to the iPhone 5 and Apple's production centers in China. ... continue reading

Apple - Foxconn suicides: Who's responsible?

Image of Suicide nets at the Foxconn factory in China where Apple products are assembled.

A recent article on Catholic Online (which you can read here) explained why Apple and other US firms are turning increasingly to Chinese ... continue reading

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