Factional conflicts have the power to destroy empires – and republics … Bitter fights in Washington are making the US economy look much worse than it is. The US Founding Fathers abhorred factions. The 10th Federalist Paper by James Madison in 1787 is a study of how to defend the fledgling republic against the dangers of organised zealotry, the curse that blighted earlier republics in w...Read More

Why I'm Very Happy About Janet Yellen … President Barack Obama plans to nominate Janet Yellen as the next chairman of the Federal Reserve Board. In doing so, he will promote the pre-eminent policy economist of her generation to the role of the most powerful central banker in the world. Yellen is quite simply more qualified for the job than any of her predecessors … Tonight, I feel...Read More

With Alcoa (AA) kicking off earnings season this week, investors will be keeping a close eye on the results of their favorite commodity stocks. On Tuesday, the largest U.S. aluminum producer reported a profit of $24 million in the third quarter - a significant uptick from the $143 million loss reported a year ago. Revenues for the company came in at $5.765 billion, beating analyst estimates of $5....Read More

Carter: Middle class today resembles past's poor…Former President Jimmy Carter said Monday that the income gap in the United States has increased to the point where members of the middle class resemble the Americans who lived in poverty when he occupied the White House.Carter offered his assessment of the nation's economic challenges Monday at a Habitat for Humanity construction sit...Read More

Britain must stay in the EU, says Nissan boss … Carmaker says threat of European Union import tariffs could be an "obstacle" for Nissan if Britain exits the single market. Nissan employs 6,400 people at the Sunderland car plant … One of the UK's most important foreign investors, the Japanese car-giant, Nissan, has said that Britain's membership of the European Union...Read More

Carter: Middle class today resembles past's poor…Former President Jimmy Carter said Monday that the income gap in the United States has increased to the point where members of the middle class resemble the Americans who lived in poverty when he occupied the White House.Carter offered his assessment of the nation's economic challenges Monday at a Habitat for Humanity construction sit...Read More

Britain must stay in the EU, says Nissan boss … Carmaker says threat of European Union import tariffs could be an "obstacle" for Nissan if Britain exits the single market. Nissan employs 6,400 people at the Sunderland car plant … One of the UK's most important foreign investors, the Japanese car-giant, Nissan, has said that Britain's membership of the European Union...Read More

Ben S. Bernanke, the world’s most-powerful central banker, says he doesn’t understand gold prices. If his peers had paid attention, they might have stopped expanding reserves that lost $545 billion in value since bullion peaked in 2011.Bernanke, who holds economics degrees from Harvard College and the Massachusetts Institute of Technology and led the Federal Reserve through the biggest...Read More

Sir Bob Geldof: 'All humans will die before 2030'… Bob Geldof based his miserable prediction on the effects of climate changeThe musician-turned-activist reckons the world will end in 2030 – leading to the extinction of humankind.Sir Bob, 61, based his miserable prediction on the effects of climate change.“The world can decide in a fit of madness to kill itself," he...Read More

Ben S. Bernanke, the world’s most-powerful central banker, says he doesn’t understand gold prices. If his peers had paid attention, they might have stopped expanding reserves that lost $545 billion in value since bullion peaked in 2011.Bernanke, who holds economics degrees from Harvard College and the Massachusetts Institute of Technology and led the Federal Reserve through the biggest...Read More

Sir Bob Geldof: 'All humans will die before 2030'… Bob Geldof based his miserable prediction on the effects of climate changeThe musician-turned-activist reckons the world will end in 2030 – leading to the extinction of humankind.Sir Bob, 61, based his miserable prediction on the effects of climate change.“The world can decide in a fit of madness to kill itself," he...Read More

The US government shutdown - a temporary ailment or a symptom of a grave disease? Are the Republicans right in their move to block Obamacare spending? Who gains from the shutdown turmoil? Do the politicians care about their citizens? Our guest comes from the very heart of the banking system: Karen Hudes was World Bank lawyer when she blew the whistle on major corruption cases in the system and was...Read More

Shutdown: A fight with no room for compromise … To end the government shutdown, all Speaker John Boehner (R-Ohio) needs to do is let the House of Representatives vote on a budget. It would pass within 30 minutes. Virtually all 200 House Democrats would vote to keep the government open, as would as many as 50 Republicans. An easy majority. But no. Boehner and other Republican leaders refuse t...Read More

IRS at 100: How income taxation built the middle class … Exactly a century ago, on October 3, 1913, President Woodrow Wilson signed the first modern federal income tax into law. The sky did not fall.That may have surprised the eminences of the American plutocracy. For years they had predicted the most dire of consequences should the federal government begin taxing the incomes of America&rsq...Read More

Shutdown: A fight with no room for compromise … To end the government shutdown, all Speaker John Boehner (R-Ohio) needs to do is let the House of Representatives vote on a budget. It would pass within 30 minutes. Virtually all 200 House Democrats would vote to keep the government open, as would as many as 50 Republicans. An easy majority. But no. Boehner and other Republican leaders refuse t...Read More

IRS at 100: How income taxation built the middle class … Exactly a century ago, on October 3, 1913, President Woodrow Wilson signed the first modern federal income tax into law. The sky did not fall.That may have surprised the eminences of the American plutocracy. For years they had predicted the most dire of consequences should the federal government begin taxing the incomes of America&rsq...Read More

Alberta bitumen is going on a journey next month: Operating company Canexus will start transporting 50,000 barrels of crude per day on trains destined for the US.The company is scheduled to start transporting from a new train terminal in Bruderheim, Alberta in Novemeber, the CEO of Canexus told Reuters reporters on Thursday.The initial load of 50,000 barrels will double by the second half of 2014,...Read More

This is a fun one, we visit with the one and only Jan Skoyles, writer and researcher for The Real Asset Co. Jan has a degree in International Business and Economics, and she's got a great sense of humor - which is a great asset indeed in these trying times.Jan tells us the issues with the CFTC and the manipulation in the silver market just makes silver even more of a "ticking time bomb."Jan says h...Read More

The Dragons stopped by the Toronto Stock Exchange on October 2 to get the markets rolling and celebrate the show's Season 8 premiere. Subscribe: http://bit.ly/CBCSubscribeWatch Full Episodes of CBC Connects: http://bit.ly/FullEpisodesCBC About CBC Connect: Go behind the scenes with the CBC's biggest stars.Stay Connected: Visit CBC Connects: http://bit.ly/CBCConnectsAbout CBC: Welcome to the offici...Read More

The Dragons stopped by the Toronto Stock Exchange on October 2 to get the markets rolling and celebrate the show's Season 8 premiere. Subscribe: http://bit.ly/CBCSubscribeWatch Full Episodes of CBC Connects: http://bit.ly/FullEpisodesCBC About CBC Connect: Go behind the scenes with the CBC's biggest stars.Stay Connected: Visit CBC Connects: http://bit.ly/CBCConnectsAbout CBC: Welcome to the offici...Read More