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Watching the Dominos Fall: Glenn Beck call Charles Goyette, author of the new book The Dollar Meltdown, to war game scenarios for a currnecy crisis. When the U.S. dollar goes, what does it take with it? Charles outlines simple steps that you can t
Sounds like it to me. These are truly remarkable words coming from inside the Fed.
I came across this item on the subject of insider trading. Having spent years in the securities markets, the one thing that I am sure of is that legalizing insider trading is pretty well a trouble free proposition for a lot of good reasons. I am a
Since 2006, Republican-affiliated Cerberus Capital Management, one of the largest private equity firms in the nation, has been actively buying some of the premier gun manufacturers in the U.S., including Remington, Bushmaster, Marlin, DPMS and AAC. N
Billionaire hedge fund founder Raj Rajaratnam and executives from some of the most prestigious U.S. companies were charged with the largest hedge fund insider-trading scheme ever. Investigators said they used court-approved telephone wire taps for th
Not only are there no bids in some markets, the accumulation of property taxes means that some properties have negative valuations, like a derivative trade that’s gone bad.
Gee, who saw this one? Anyway, the point stands. The FDIC is clearly out of money, and this is nothing more than yet another legalized accounting fraud game, where they'll get "the money" now but allow the banks to "recognize" that "charge" over
CONNECTING THE DOTS
During the Bolshevik Revolution that led to communist Russia, Comrade Vladimir Lenin said, “Sell the capitalists enough rope and they will hang themselves!”
Even with all the problems caused by those that like to do this we have managed to succeed with our project and it is now up and running with people on the ground proceeding with the construction of Freedom Project.
"It is very important that Americans understand that we need to do everything possible to sustain confidence in our ability to keep inflation low and stable over time and to make sure we're getting our fiscal house in order," Geithner said.
Chief executives from the biggest U.S. corporations worry that the slumping dollar could sap U.S. credibility around the globe, spur inflation and ultimately undermine the economy. The dollar has fallen to a 14-month low; and while a weaker dollar ma
BTE (Better Than Expected) has been the norm these last times… Pushing the market always higher. Now, how about some WTE (Worse Than Expected)?
Incompetence plus ideology equals bankruptcy. The FHA still backs toxic mortgages The FHA's mission is political: it is still trying to "expand home ownership.The discredited ideology of home ownership is the most toxic ideologogy since communism.
This year is shaping up to be the first since 1992 to see the failure of at least 100 banks, and experts suggest we could be no more than 10% of the way through this cycle of bank collapses, which is sure to be the worst run of closures since the Gre
One of the most powerful forces driving the resurgence on Wall Street is not the banks but Washington. Many of the steps policy makers took to stabilize the financial system helped set the stage for this new era of Wall Street wealth.
The story hit like a thief in the night, even bearing Biblical proportions. The end of the exlusive sale of MidEast oil in US Dollars, the rise of Russian and Chinese influence in the Persian Gulf, the rise in importance for the IMF basket of curren
The United States toughened its warning on China for "lack of flexibility" of its yuan currency and for rapidly building up its foreign reserves, but stopped short of branding Beijing a currency manipulator. "Both the rigidity of the renminbi and
Stocks are falling sharply after a bigger-than-expected loss at Bank of America and a weak report from General Electric.
Yesterday, the Dow soared over they 10,000 mark. If it keeps going at this rate – up 144 points yesterday – it will soon equal the post-’29 bounce. All we need is two more days and we’re there.
Foreclosures hit another all-time high in Q3 with almost 938,000 homeowners filing, according to Realty Trac
These charts are interesting, and as grim as they are, they can’t hold a candle to how grim it really is. These are using the official bogus data! Show us the line that includes the millions of people who have dropped out the bottom and aren’t counte
Professor Peter Klein, University of Michigan, talks about the return of an ugly monster that refuses to die.
It pays to be President Obama's favorite banker. Both Bear Stearns and Washington Mutual were gifted to JPMorgan by the United States government, and the results are showing.
As the consumer pricing index continues to fall, the State of Colorado will become the first state since 1938 to lower it's minimum wage.
Called sponsored or "naked" access, the setup allows high-speed firms and other outfits to trade directly on exchanges using powerful computers without the exchanges or regulators knowing who is making the trades.
This is a collection of easy-to-understand picture-reports to increase awareness of certain threats to the economic future & freedom of families and their children, compared to the past - - on family income, debt, savings, government spending, educat
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The political lobby for protectionism is naturally capricious. Thus we have had the economic insanity of the lumber battle which was paid for by American home buyers. It cost the American lumber industry little more than chump change to keep the war
Welcome to the $8/hour job recovery. You can get an engineer, a pilot, a software programmer, an agriculturalist, just about anything or anybody for $8/hour these days. -ED
