US crude oil supplies grow by 2.1 million barrels

John Ransom: The Emancipation Proclamation: The Man Who Freed the Gays

The tape doesn’t lie; and the tape says that Obama is in trouble, hence the L.A. handshake Obama’s giving the gay community and guilty rich on Wall Street.

Daniel J. Mitchell: Great Moments in Government Waste: Stimulus Spending on…um…Stimulus

No amount of satire can match the real-world stupidity of government.

Ralph Benko: President Obama's Frenzied Spending Caused A Feeble Recovery

Would you happily sign an IOU for $126,000 to allow Barack Obama to keep his Big Spender status going? In some ways, that’s the bottom line on how people are going to vote on November 6th. That’s what the nonpartisan Congressional Budget Office estimates Obama’s proposed deficits, from 2011 through 2020, will add to a family of four’s share of America’s liabilities.

George Friedman: France's Strategy

Although Sarkozy went as a committed ally of Germany, Hollande will not necessarily be predisposed to German solutions for Europe's problems.

Night Watch: U.S. Mum on Iran Missle Tests

The irony is that North Korea likely will be a beneficiary of this proliferation program because North Korea and Iran already have collaborated in three ballistic missile programs.

Bill Tatro: Credit Coincidence

Prior to 2000, we enjoyed one of the greatest economic booms our country had ever seen. In fact, from 1982 to 2000, jobs were plentiful, manufacturing was homegrown, and a certain contentment and satisfaction enveloped us all.

Cliff Ennico: When You've Bought a Franchise, but the Numbers Don't Add Up

The franchise really likes this location and is pushing us to start building our territory, since we've had it for a year now. But we do not want to 'throw good money after bad,' building a location that won't ever be profitable.

Chris Poindexter: Gold Finds Support

Last year gold showed pretty solid support at these levels and there’s no reason to think support won’t materialize here once again.

Mike Shedlock: Screeching Halt in China

China bulls are in for a multi-year shock because rebalancing from an economy overly dependent on exports is going to be far more painful, and last much longer than most think.

Lincoln Brown: The All-of-the-Above Pandering Strategy

Higher taxes, lower earnings, an expanding, intrusive government, low employment numbers and the derision of the world community will negatively impact everyone in the United States, no matter a persons’ race, origin or sexual orientation.

John Ransom: JP Morgan Shows Obama Bank Reform as Flawed

I guess Obama’s version of Wall Street reform apparently isn’t working by Obama’s own working definition.

Dave Ramsey: Dave Says Listen and Lessen your Need for Life Insurance

The further along in life you get, assuming you do the stuff I teach, the less need you’ll have for life insurance!

Mike Shedlock: How Gov. Brown Ruined California in His First Term

California, like Greece is perpetually in fiscal trouble. Overoptimistic revenue forecasts coupled with spending $2 billion more than expected has California in a deep hole. Governor Jerry Brown has the same non-solution as ever, hike taxes.