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Economy - Economics USA

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Doug Hornig

In the future, a visit to your family physician, or any specialist, will begin with a quick scan of the computer screen, where a few keystrokes will tell the doctor everything he or she needs to know about you – all the way from how much you weighed

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RevolutionaryPolitics

Most of us are gathered at the station, watching for the Inflation Express to come rumbling in. But we’ve been waiting for a while now. Just when should we expect the big locomotive to arrive and start pushing the prices of most things uphill?

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by Terence Gillespie (LewRockwell)

We barter when money is not available, money is worthless or when goods are not available regardless of money. Ammo is currently not available regardless of money. It's not hard to foresee a time when all 3 conditions would exist.

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Economic Policy Journal

A Citibank wealth manager who handled money of the super wealthy, once told me that the super-rich think different. He said that the way an average person thinks about a hobby, the super wealthy think about personal safety and protection of wealth--a

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Mish

Another anomaly from the California legislature as Treasurer says some things they really rather wouldn't hear. Youtube embedded.

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The Business Insider

Goldman Sachs is a great firm but it's minting money because it has an implicit government guarantee. This is ridiculous. The firm should be split in two. Wall Street reforms should include high capital requirements and a reinstatement of Glass St

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NY Times

Congress and the Obama administration are about to take up one of the most fundamental issues stemming from the near collapse of the financial system last year — how to deal with institutions that are so big that the government has no choice but to r

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MarketOracle

It was never more evident than when administrations changed last January. Team A replaced Team B, all of whom just happen to be members of the Council on Foreign Relations, the Trilateral Commission and the Bilderberg Group. There is no debate. There

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Pro Publica

The Office of Thrift Supervision was the first regulator to break the news of the 100th bank failure for the year. Yesterday, shortly after 5:00 p.m. EST, the OTS sent out an email announcing the closure of Florida’s

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Zero Hedge

The $8,000 tax credit for first time homebuyers is turning into a disaster of major proportions. According to a WSJ (and other) report fraud has been rampant in this program. Some highlights:

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Nathan's Economic Edge/You Tube

You Tube Description...The writing is on the wall, my friends. If you havent invested in gold & silver yet, you may want to consider doing so. In Peter Shiffs own words, "Get out of the US dollar." Could this be related to the webbot prediction? Time

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The Business Insider

People love to beat up on the NAR, which has never seen a housing report it didn't like. And they usually have good reason to do soOn Friday, for example, the NAR went bananas about seasonally adjusted September home sales, which most people agree we

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BusinessWeek

America's strongest economies have one thing in common—home prices that never got too hot or too cold. Home prices in metros such as San Antonio, Oklahoma City, Pittsburgh, Rochester, Little Rock, Ark., and Baton Rouge, La., remained steady throug

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AP

It's a big number that only tells part of the story. The number of banks that have failed so far this year topped 100 on Friday – hitting 106 by the end of the day – the most in nearly two decades. But the trouble in the banking system from bad loan

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The Market Ticker

I have reason to suspect that the "monetary transmission mechanism" is full of rocks (again), and we are about to have another instance of what could colloquially be called "fun." (Yes, that's sarcasm.)Here's what we know and what I can deduce from i

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