Bernanke Won’t Come to Obama’s Rescue

Written by Gary North on June 19, 2012

It’s too late for the Federal Reserve to goose the economy upward in order to give Obama an edge in the November election. It turns out that the FED has not intervened often in the past to do anything to affect the outcome of a Presidential election. Arthur Burns probably did in 1972 to help […]

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A Rolling Recession Will Engulf USA in 2012

Written by Gary North on December 12, 2011

By the election month of November 2012, the USA will be in the clutches of a major recession. It will be a replay of 2008. Recessions are bad for incumbents. A recession is even worse for an incumbent who was elected to overcome a recession, only for it to reappear four years later. That is […]

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