DeGraw: 'economic elite' launched attack on U.S. public

The  'economic elite' have launched an attack on the U.S. public according to David DeGraw in his Amped Status Report, The Critical Unraveling of U.S. Society.The report's content includes vital statistics...

Perception on recovery is false

The perception that a recovery through financial stimuli creates a multiplying effect for growth, from which the government easily can exit, is false.The common idea that almost everyone believes is that government...

One Year Later: 10 Reasons Not to Elect Barack Obama

Today, I offer a flashback to a post I published one year ago today which offered 10 Reasons Not to Elect Barack Obama president of the United States. Was I right? "1. Obama said he wants to establish a civilian...

Now CIT Group goes belly up!

As the economists battle with numbers, charts and calculations trying to figure if recovery is here or not, one more financial giant went down fighting. The latest casualty is the CIT Group. CIT Group is among the...

Is Active Monetary Intervention Necessary?

Friedman's "solution for reducing the prospect for active intervention as well as the margin of human error was to propose the establishment of monetary rules instead of monetary authorities," explains Vox Day the...

Jobless Recovery

The earnings announcement of another multi billion profit last week Wednesday by Wells Fargo Bank lifted their stock for while, however it fell back 7% for the day, after it became clear that the books were...

The Real Economic Boom

An economic boom is a period that follows an era of recovery in a normal economic cycle. It is characterized by an economy working at full or near-full capacity, strong consumer demand, low rate of unemployment,...

Job Creation only achievable by Small Business

To be more precise on this subject: Large government deficits choke off the very investment that is needed to create jobs. Intervention by the government in doing well to many people, consequently -maybe...

Could Hyperinflation Happen?

Theoretically, yes. Hyperinflation is a scary thought. Technical definitions vary, but while it could be argued that mild inflation can be a sign of a growing economy, hyperinflation is certainly never a good...

Excuse Me . . . The Dogs Got Your Newspaper, by Mary Neal

MEDIA WOES, by Mary NealWE REPORTED WHAT Y'ALL TOLD US TO AND CENSORED AS INSTUCTED TO DOHELP US NOW - WE HAD NO CLUETHE PUBLIC WOULD SAY, "WE DON'T NEED...

Goldman Sachs The Real Seat Of Evil

I would try and summarize this excelent writers work but I am sure I would do it no justice. This is a must read for anyone with investments!!! http://www.rollingstone.com/politics/story/29127316/the_great_american_bubble_machine/1 And its very very scary!!! And now the...

Goldman Sachs: Thank You Mr. President

Dear Mr. President,

   This should prove a challenging week on the PR front for us at Goldman Sachs. There are a few situations surfacing for which appropriate clarification will provide you sufficient context in the event that the inevitable questions arise. We...

The “Debt Clock” Goes Online

 So it's now time to have a window open on your computer screen so you can be continually Anxious over the National Debt.  As it stands today, July 11th 2009 each Americans portion of the debt is $37,...

The NEW GM !

     Allll riiiigght!  America's heavyweight automaker has reentered the fray, "leaner and meaner", we hope!  At least, that's what's been reported by the Associated Press.  So,...

Barney Frank CNBC Interview Turns Ugly As Congressman Walks Off

Congressman Barney Frank walked out during an interview with CNBC. Frank was on the business news network to discuss a House Financial Services committee hearing about executive pay, and he didn't care for the...

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