Banks, Analysts Warn of Massive Money Printing Ahead
As credit and economic activity continue to contract, analysts are warning of big problems and unprecedented fiat-money creation by the Federal Reserve System in the near future. ...
Economics
NYT’s Krugman Claims Europeans Balancing Budgets Means Worldwide Depression
Several European nations recently announced spending cuts to bring their budgets closer to balance in the wake of the current global economic recession, especially Ireland, Greece, Portugal and Spain. But Paul...
Double Dip Evidence Piling Up
When John Hussman, in his Weekly Market Comment, noted that the Economic Cycle Research Institute’s (ECRI) Index “has slumped to the lowest level in 44 weeks and has now gone to...
World Leaders Attack U.S. Dollar
The attack on the U.S. dollar as the world’s reserve currency intensified over the weekend as French President Nicolas Sarkozy and Russian President Dmitry Medvedev openly discussed replacing the old global...
Alternative Currencies
The Federal Reserve’s monopoly on money and credit has caused so many problems for average Americans and the nation that addressing this issue is a prerequisite for returning the nation to...
Inflation, Deflation, and a Potential Second Stimulus
The Obama administration is pushing for a second “stimulus” package as the amount of money flowing in the U.S. economy contracts at a pace not seen since the Great Depression, according...
Private Wages Shrink — Government Programs Swell
“Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year,” according to USA Today. “At the same time,” continues...
13 Trillion and Counting
When former Comptroller General Bill Walker, who headed the U.S. Government Accountability Office, said two years ago that the “official” debt of the United States “is only around $10 trillion,” he...
Freezing the Economy with Global Warming Taxes & Regulation
Will the politicians in Washington succeed in freezing our economy to death under the pretext of saving us from a non-existent global warming crisis? With our national economy and the global...
Senate Caves to Fed Pressure, Waters Down Audit
Just before noon on Tuesday, May 11, the U.S. Senate agreed to a one-time audit of the Federal Reserve's emergency actions taken in response to the 2008 financial crisis. The approved...
$Trillion Bailout of Euro, Greece Shows Need to Audit the Fed
The timing of the sellout by Senator Bernie Sanders (I-Vt.) last Thursday, May 6, on legislation to audit the Federal Reserve could not have been more auspicious — or more suspicious....
The New Frugality
Long term caution is affecting the economic decisions of millions of baby boomers. The continued growth of investment values led millions of Americans in their early 60s to indulge themselves and...
Fed Facing Lawsuits, Criminal Complaints Over Market Manipulation
In addition to valiant congressional efforts for increased transparency, the Federal Reserve System and its cohorts are being targeted with criminal complaints and multiple lawsuits that attempt to shed to light...
Austrian Economics Rising
“Peter, you have been mocked on all of these financial shows going back to 2005. Going back to 2005! Not only did you predict problems, you actually explained what was going...
Social Security’s Nest Egg is Officially Cracked
In a misleading article by Associated Press that IOUs “stashed away” in an investment account in Parkersburg, West Virginia, were going to have to be sold to meet Social Security shortfalls, all...