As an addendum to Michael's post below, some additional thoughts on yesterday's bond market mayhem. This week the United States Treasury began selling $100 billion in new bonds to …

No, no, no ... the bond markets. Read on, please. Basically two things are going on with bonds right now. But to explain them, maybe I should first talk...

The Obama Administration's latest proposal to fight "global warming": Paint roofs white. I kid you not. From the Telegraph.co.uk: Professor Steven Chu, the US Energy Secretary, said the unusual …

As predictable as the sun rises in the east and sets in the west, the tax revenues drop during a recession. But this recession is no run of the …

Last week in my column at American Issues Project, I wrote about the looming battle of health care rationing that would surely arise if we have a government run …

Marylanders with high incomes typically own second homes in tax friendlier states like Florida, Delaware, South Carolina and Virginia. So it's easy for them to change their residency." Christopher …

Have friends in high places... The story making the rounds today is an analysis of the political contributions of the owners of Chrysler dealerships who are being forced to …

In response to the news that North Korea is warning of military strikes and disengaging from the armistice (see: Lorie Byrd minutes ago), I shared a note among friends …

Via AP: North Korea warned South Korea and the United States on Wednesday that Seoul's participation in a U.S.-led program to intercept ships suspected of carrying weapons of mass …

Whether you agree with Prop 8 or not, it's no real suprise that the California Supreme Court upheld the right of citizens to ammend their constitution. (05-26) 10:29 PDT …