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I've used this quote (attributed to Maya Angelou) before: "When people show you who they really are, believe them." I guess in periods of tremendous change people really reveal who they really are. I'll return to this in more detail post, but the news and debate...

As President Obama packs for China, I thought I’d show him a picture of how China is manipulating its currency. Source: Federal Reserve: Yuan, Broad dollar index. Graphic idea compliments of AAM. The dollar stays flat against the Chinese Yuan, even as it loses value...

This week, Barack Obama trips to China as part of an eight-day trip to Asia. The White House paints a full agenda: Afghanistan, human rights, North Korean nukes, climate change, trade relations, and the economy. But it's really just the economy, stupid. For decades...

Here is another story about Wall Street’s war on the real economy. US Steel was planning to invest $1 billion in building an environmentally-friendly new “coke battery” plant in Clairton, PA. The new battery would dramatically reduce the emissions used in the process,...

All summer, traditional media reporters hyperventilated at every preliminary Congressional Budget Office estimate of draft health care bills.