Economies Will Change:

Rebalancing the world’s economies won't happen overnight, that will take far more time.A Headline in The New York Times says: "Americans stop buying; trade deficit declines" "For the first eight months of the...

What will the US Dollar do?

Ben Bernanke the chairman of the Fed, said in a speech at the National Economists Club in Washington, in November 2002:“Like gold, U.S. dollars have value only to the extent that they are strictly limited in...

Deficit and National Bankruptcy

Roy C. wrote me this message: “Last night on FOX News, Dick Morris said that if the interest rates go up to 6%, something more normal, the cost of servicing the debt will rise to an amount equivalent to all 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...

Tea Party Express II: Bakersfield & Fresno: You're Next!

Get ready folks, because the second edition of the Tea Party Express is coming to a grassroots, "Take My Country Back" town near you! The tour entitled "Countdown To Judgment Day" is scheduled to stop at 38...

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...

Obama's Weekly Address: Small Businesses Are Next Money Target

Obama's Weekly Address: Small Businesses Are Next Money Target Of AttentionThat'll work.These people, these uneducated in economics, Maoist/Marxist true believers ... really do not have a clue how jobs are...

Deflation Sources

The problem is debt. Too much debt in the private sector set off bear markets and a bank crisis. Too much debt in the public sector will cause big problems too - a default, and finally hyperinflation, which is...

'Too Big to Fail' even Bigger now

Companies paying bosses vast bonuses while getting state assistance offended peoples' values, says President Obama. Timmy Geithner the Treasurer says, seven companies must slash the basic salaries of their 25...

Market Fundamentals are Wrong

The market is overpriced, the only thing driving the present rally is hot money created out of thin air by the Fed's money-printing policies.Hot money can flood into assets quickly - pushing the market up 60% since...

Stimulus Job Losses......What?

In an apparent contradiction of the Obama administration prediction's, job losses are continuing their long downhill slide. Earlier this year, the administration released numbers showing projected job gains, by...

Street-Legal Golf Cart Stimulus: Cash for Clubbers?

Golfers in the US are getting a steal thanks to the stimulus plan. Golf carts are getting massive discounts, up to half or two-thirds off, and some cheaper models can be completely free, as long as they're "street...

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,...

Too Big to Fail

There is an old saying that if you owe the bank $1,000 that’s your problem, but if you owe the bank $1 million that’s their problem. Similarly it worked for the Wall Street giants. A year after the crash,...

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...