Featured StoryEditor's Note: Romulus Augustus, the last emperor of Rome, had a lot of time to think about what went wrong to cause the fall of the greatest empire in history. Here, for the first time, in this exclusive essay he tells the full story of the fall and gives Obama sage advice to our Chief Investment Strategist, Keith Fitz-Gerald on how to avoid the same fate in the US. Please forward this to interested friends or family members.
My name is Romulus Augustus. I was the last Roman Emperor. Though I...
Morsi Conspiracy: Obama's Strange Support of the Ousted Egyptian Tyrant
After days of heated demonstrations washed over the streets of Egypt, the Egyptian military removed Muslim Brotherhood-backed President Mohamed Morsi on Wednesday.
Since Morsi's election in June, 2012, the Obama administration has been strangely supportive of Islamist leader, forking over $1.3 billion in military funding to Egypt annually. It's the Morsi conspiracy.
I say "strangely supportive," because conspicuous red flags dot Morsi's political career.
A few years prior to his...
Obama Finds A New Way to Strangle US Economy
The scary question is, is he continuing to wound this recovery on purpose or by accident?
And which answer is worse?
Last Tuesday, President Obama announced his "Action Plan on Climate Change."
One of main "actions" is to kill a core piece of the US energy sector.
Among other things, he promised to use the Environmental Protection Agency regulation of carbon emissions to phase the U.S. out of coal fired power, even for existing stations.
Of course, environmentalists praised this move...
Obama Sells Us Down the River Again
After all the excesses and fiascoes the financial community (and country) has undergone - and continues to undergo - you would think that Washington would be more than motivated to keep the foxes out of the hen house.
Especially when it comes to Wall Street's love of building derivatives that fall just shy of being illegal, but certainly self-serving. You would think that this populist-sounding president would be keeping his regulatory Cerberus, which guards the Securities and Exchange Commission (stocks and bonds) and...
Obama's Latest "Bad Bet' is About to Cost Taxpayers $180 Million
Talk about clean-energy boondoggles. Here's the latest one from the Obama administration.
Electric hybrid car maker Fisker Automotive Inc. is now on the verge of bankruptcy and owes the U.S. government more than $180 million - which would be the biggest waste of taxpayer money since the Solyndra fiasco.
According to PrivCo, a New York-based researcher, Fisker has not produced a car since last summer and has gone through more than $1.3 billion in private investment capital and government loans.
Minimum Wage Increase: Obama's Proposal and Realities
In his State of the Union address Tuesday night, President Barack Obama urged Congress to raise the minimum wage from $7.25 to $9, saying the move would reduce poverty and stimulate the economy.
"Tonight, let's declare that in the wealthiest nation on Earth, no one who works full-time should have to live in poverty, and raise the federal minimum wage to $9 an hour,"...
What the Last Roman Emperor Would Tell President Obama Today
Over the course of 700 years, the ancient Roman Empire grew from a small republic to one that stretched from London to Baghdad at its peak.
As one of the world's first true superpowers, the Empire's achievements included the world's first standing professional army, economic prowess, intellectual growth and governance principles that are commonly regarded as the basis for modern society.
But it is also remembered for its spectacular collapse in less than a century under the weight of bad debt, an...
Five Things Obama Didn't Want You to Hear in His State of the Union
Seeking to put the best possible spin on his message, President Barack Obama took some liberties with the truth in his State of the Union address.
Although the president never actually lied, he repeatedly left out facts that contradict his claims of success.
President Obama hadn't yet left the House chamber when the reality check started. And it didn't take long to find some pretty big the holes in the State of the Union address.
U.S. Nears Colombia Trade Deal, Strengthening Economic Ties with Latin America
The United States has resolved labor issues with Colombia, paving the way for approval of a stalled free-trade agreement (FTA) and strengthening economic ties between the countries.
The United States and Colombia were expected to announce the agreement this week after months of talks, people familiar with the matter said Tuesday.
Former U.S. President George W. Bush first signed a U.S.-Colombia FTA in November 2006 with then-Colombian President Alvaro Uribe. The legislation stalled in Congress because Democrats...