When you get right down to it, the political targeting and stalling of tax-exempt applications by the IRS was an effort to defund the tea party. Rick Santelli, one of the tea party founders and my CNBC colleague, was the first to make this point. ...
At the end of the day, the battle over immigration reform is not about dollars and cents. It's about the soul of a nation. President Reagan reminded us that America must remain a "beacon" and a "shining city on a hill" for immigrants who renew our...
The really good news from April's employment report is that all the pessimistic, end-of-the-world, spring-swoon forecasters were wrong. It wasn't a fabulous report. But it handily beat Wall Street expectations. Stock markets soared on the news.
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In the last two days, gold has plunged so deep that it's being called the worst drop -- at least in percentage terms -- in 30 years. That brings us back to the early Ronald Reagan period, when falling gold was regarded as a good thing.
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Many profound and detailed admiration pieces will be written about the late Margaret Thatcher, and they'll be much deeper than this one. But I want to get on record with my own esteem for Thatcher, whose character, philosophy and achievements made...
Apropos of my column of a week ago -- "Has Bernanke Gotten the Story Right?" -- this week's paltry gross domestic product revision again backs up the actions of the Federal Reserve chairman and his market-monetarist supporters.
Real GDP was a ...
