On April 13, 2012, the US Department of the Treasury released new cost estimates for the Troubled Asset Relief Program. Looking principally at actual and projected contractual cash flows, the document concludes that: "Overall, the government is now expected to at least break even on its financial stability programs and may realize a positive return." 

The temptation on Capitol Hill is for Republicans to just crow briefly that "we told you so," issue a few press releases, hold a hearing or two, and then wait for another low-hanging rotten fruit of ObamaCare to fall off the tree through the forces of economic and political gravity. They should instead think more strategically about this opportunity.

High levels of trust demarcate the difference between advanced and wealthy economies like America's and poor and nascent markets like those of the former Soviet bloc.

According to pop science, brain chemistry is the reason all those smart people fell for Bernard Madoff's Ponzi scheme.

The Boxer-Kerry Cap and Trade Bill is a "tougher" bill than Waxman-Markey, requiring a greater reduction of GHG by 2020 -- meaning requiring the impossible.

Lawmakers need to take a closer look at how to treat fraud at the Patent and Trademark Office.

It is a perfect time to look at what Americans say about being rich in America today.

As bad as the news has been this year, for taxpayers there is much worse news to come.