Is Financial Instability The New Normal?

Posted on September 30th, 2011
US Markets by Brian Fairrington, Cagle Cartoons

By The Economic Collapse

The financial world is officially going crazy.  Can you believe what is going on out there right now?  Financial markets have been jumping up and down like crazy for months and this is creating a lot of fear.  Other than during the financial crisis of 2008, in the post-World War II era have we ever experienced as much financial instability as we are seeing right now? Should we just Read More »

Land of the Poor, Home of the Sick

Posted on September 30th, 2011
What is in Obamacare by Eric Allie, Caglecartoons

EDITOR’S COMMENT: As you will see from these comments, we clearly need to defund or somehow remove this looming fiscal, financial and medical disaster from our country.

By Michael Finger, Communications Specialist for Euro Pacific Capital

Thanks to a series of destructive government policies and incentives, a health care crisis has been steadily building in America for a generation or two. But the release yesterday of the Kaiser Family Foundation’s annual survey reveals that Read More »

Free Trade Is Failing America

Posted on September 30th, 2011
China Forecloses by John Cole, The Scranton Times-Tribune

EDITOR’S OPINION: Peter Morici, in his writings, has continually emphasized how important it is and will be to deal with America’s large trade deficit. The two major reasons for our trade deficit are our oil imports and the huge trade imbalance with China.

President Obama continues to ignore these two large-impact imbalances, when creating additional government spending, and arguing for higher taxes from the upper income group. As for increasing our domestic oil Read More »

Paymaster Germany and the Endgame

Posted on September 29th, 2011
Euro Bailout Discussion by Patrick Corrigan, The Toronto Star

EDITOR’S COMMENT:  Gary North again hits the nail on the head by concluding that German subsidies will most likely not prevent a Greek default. The question then is “What happens next.” The reality is no one knows, but almost everyone involved is very worried about contagion from this default spreading around the world. You should definitely read his thoughts about the developments in Europe that will be coming very soon.

By Gary North

I Read More »

Why Your Retirement Savings Are in Jeopardy

Posted on September 29th, 2011
Planet of the AARPs by Mike Keefe, The Denver Post

By Joseph McBrennan, Editor, Taipan Publishing Group

There are three reasons your retirement savings is in trouble.

Anyone under the age of 30 can say goodbye to any hope of Social Security. It’s toast. Not that they should worry. They’ve decades of productive working years left to accumulate wealth.

That’s the good news.

Several months ago, we wrote, “For the Sake of Read More »

Time to Take Advantage of Gold’s Pullback?

Posted on September 29th, 2011
Fine Gold

By Peter Schiff, Euro Pacific Capital

The recent sharp decline in gold and silver prices may be panicking buyers, especially those who are new to the market. However, I have been actively accumulating precious metals for more than a decade, and from my perspective, given the volatile nature of metals, this type of action is par for the course. In my experience, every sharp decline has shown itself to be an opportunity rather Read More »

Turning Milk Cows Into Beef Cows

Posted on September 28th, 2011
Warren Buffett and Taxes by John Cole, The Scranton Times-Tribune

By The Dollar Vigilante

We are now entering the final stages of the collapse of the western financial system and the democracies and nation-states themselves.  Faced with soaring deficits the western governments have been thrashing around looking at any possible way to stay alive a little longer as their tax milk cows become tapped out.

In the UK, Chief Secretary to the Treasury, Danny Alexander, recently walked up to the microphone and announced that Read More »

Jobs, Deficits and the Reelection of Barack Obama

Posted on September 28th, 2011
Red Meat by Eric Allie, Caglecartoons

EDITOR’S COMMENT: Professor Morici’s comments here are excellent, but I particularly liked his suggestion to Speaker Boehner for giving a list to the President documenting where the huge government spending occurred during the past three years, and asking the President to cut half this amount. This once again should show Obama’s true agendas.

By Peter Morici

President Obama faces three daunting challenges—jobs, deficits and reelection. His actions reveal he Read More »

Germany’s Inner Struggle Stifles EU Action

Posted on September 28th, 2011
Merkel Sarkozy by Martin Sutovec, Slovakia

EDITOR’S COMMENT: These comments really reflect what is currently happening in Germany, where Chancellor Merkel may not be accurately reflecting the will of the German politicians or the German people. Also, The German High Court may soon be involved again, and be required to give its blessing to Germany lending additional funds to the EFSF. How Germany resolves all this will help determine the fate Read More »

The Federal Reserve Plans To Identify “Key Bloggers” And Monitor Billions Of Conversations About The Fed on Social Media

Posted on September 27th, 2011
Big Brother Is Watching You

EDITOR’S COMMENT: I suspect I’m not the only one who considers this news item to be vintage Orwellian, as this reflects a new policy by the Fed to attempt to eventually “control” the many disparate comments about the Fed in the social media. And, I’m guessing that they will not be focusing on the favorable comments.

As mentioned, apparently, the Fed is planning to try to “identify and influence” certain bloggers. Once identified, Read More »

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