"It is well that the people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning." -- Henry Ford
The law of gravity is applicable to the behavior of falling objects on the U.S. mainland but not applicable on our Pacific Ocean territories Samoa and Northern Mariana Islands. You say, "Williams, that's lunacy! Laws are applicable everywhere; that's
More than 8 million consumers stopped using credit cards over the past year. The decline stems from a combination of consumer choices and bank actions.
An analysis by credit reporting agency TransUnion found that use of general purpose credit card
In this Russia today interview by Max Keiser, Bregtje van der Haak explains the mindset of Californians suffering thru the worst economy in over 70 years. They believe that the people who destroyed them are winners, and they are losers...
'Getting this budget under control is going to require some broad sacrifice,' Obama says. The pay freeze, which does not apply to the military, is part of an effort to contain the $1.3-trillion federal deficit, the White House says.
Ron Paul has 2 proposals for the new Congress: 1) Refuse to raise the debt limit! Find a way, month by month, for Congress to spend only what the Treasury raises in revenue. 2) Start over from scratch with the 13 appropriations bills that fund the
But unlike QE1, QE2 is not about saving the banks. It’s about funding the federal deficit without increasing the interest tab, something that may be necessary in this gridlocked political climate just to keep the government functioning.
The US needs to take urgent action to cut its debt in order to prevent the next financial crisis, which may start in Washington, Sheila Bair, chair of the Federal Deposits Insurance Corp. (FDIC)
The US needs to take urgent action to cut its debt in order to prevent the next financial crisis, which may start in Washington, Sheila Bair, chair of the Federal Deposits Insurance Corp. (FDIC)
TSA Lies About the Scanner Radiation Dose - Korean Troubles and the Horrific Impact of War, Jim Rogers on global market corrections and commodities - Moving Your Precious Metals Into Canada? - 14 Survival Lessons
There's good news and bad news on the economic front today. The good news is that corporate profits are through the roof, but the bad news is that it's because "companies have been able to make more with less,"
The consumer's wallet is snapping shut as it's empty, and as a consequence the chain backward from the retailer to the manufacturer is slowing. In addition unfilled orders have collapsed to -24 as manufacturers empty their inventory pipeline...
A recent Harris Interactive survey found that a good 22 percent of consumers either scaled back their cable service or canceled it completely in the last six months, and an additional 21 percent gave the idea serious thought.
The world's largest retailer just completed a confidential study that's revealed inflation has already heated up. This information is counter-intuitive to the second quantitative easing (QE2) strategy that Federal Reserve Chairman Ben Bernanke is p
It was just two years ago, a wealth transfer so brazen as to leave one breathless. The $700 billion Bush bailout met with so much hostility from the public that one congressman said his calls were running 50-50: 50 percent "no," and 50 percent "Hell
If we cannot trust what the government tells us about weapons of mass destruction, terrorist events, and the reasons for its wars and bailouts, can we trust the government’s statement last Friday that the US economy gained 151,000...
"This will keep America on its toes. America is going to have to compete. There is going to be a tug-of-war within the US between those who see globalization as a threat and those who accept we live in a open integrated world"...
Wealth for Wall Street, Poverty for the People, Charles Goyette on bank-mafia boss Bernanke - Conspiracy Theory, Jesse Ventura takes on Wall Street and Goldman Sachs - So Long, Dollar
Over the weekend of November 6-7, 2010, World Bank president, Robert Zoellick , proposed in a column written for the Financial Times that the global economy once more be linked to gold as an anchor to help maintain currency stability and reduce infla
NEW YORK/LONDON – Gold powered to an all-time high above US$1,400.
Gold has risen almost 6% since just before the Federal Reserve detailed its plans last Wednesday to buy $600-billion worth of Treasuries to revive the economy.
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