OBAMA INFLATION - Simple dollar dynamics rears its ugly head

"OBAMA INFLATION - Simple dollar dynamics rears its ugly head 'Tis the season to be jolly, a Christmas season song lyric cajoles, yet all the American public can see is a political system and an economy in...

President Obama to Hold Banking Summit Monday

" Click to enlarge. President Barack Obama plans to hold a Banking Summit Monday, according to a Bloomberg report today. Among those participating in the event, said to be a forum for discussing the president’s proposals to boost small-business lending and overhaul...

LA Auto Show: Bob Lutz hastily replaces outgoing Fritz Henderson

General Motors Co. CEO Frederick "Fritz" Henderson stepped down last Tuesday after the board determined that the company wasn't changing quickly enough. He was also scheduled to give the Motor Press Guild Keynote...

Opportunities Missed at White House Jobs Summit

"EDITOR’S NOTE: Because I was unable to participate in the American Petroleum Institute conference call with reporters this morning, I offer space for covering that call to API’s Jane Van Ryan. By Jane Van Ryan Guest Blogger American Petroleum Institute President Jack...

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...

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