November 6th, 2009 by stacyherbert / Stacy Summary: First half got bumped by Obama press conference. Here is second half interview with Ellen Brown.
Long before the economic meltdown, one woman tried to warn about the threat to the financial system... (Greenspan was too "libertarian" ???!)
"Yes, I should be selling at the top, but I don't think this is the top. Gold, adjust it for inflation back in 1980, gold should be over $2k an oz. right now. In my view, in this bull market in commodities gold will make all new highs adjust for infl
A Short Story by Charles Goyette, author of The Dollar Meltdown
We can expect that job losses will continue until the end of 2010 at the earliest. If you are unemployed and looking for work you had better hunker down. All the economic numbers suggest this will take a while. Jobs are not coming back.
The Chinese are curious about how President Obama's healthcare reform plans would impact America’s huge fiscal deficit. Government officials are using his Asian trip as an opportunity to ask the White House questions. Detailed questions.
OpenTheGovernment.org has a fantastic section tracking what we know and don’t know about the financial bailout. You’ll find news, documents, links to sites, and more. The Treasury Dept & Federal Reserve are currently fighting court battles in order t
Senior administration officials reported budget projections for the war in Afghanistan will cost U.S. taxpayers at least $1 million per soldier, per year. The plan to add 40,000 American troops and greatly expand Afghan security forces, supported by
The dollar fell on Monday as China accused the US of increasing protectionism and following unexpectedly strong Japanese economic growth figures, pushing gold prices to a record high point of $1,133.20 dollars an ounce.
A year ago, the financial system was tottering and government officials arranged a $2.3 billion emergency cash infusion into CIT Group, a troubled lender to small businesses. Today, CIT is in bankruptcy court, and the taxpayers' investment is on t
In the ’80s, everyone wanted to be Japanese. Management consultants used Japanese words to describe commonplace insights. For example, instead of saying that businesses always need to try to do things better, they referred to “kaizen” as if it were t
On a whim following our Denver Summit – and despite truly abysmal weather – Casey Research CEO Olivier Garret and I cabbed it down to a local public golf course for a quick nine holes. Afterwards we were returning to the hotel through a neighborhood
The U.S. trade deficit widened in September by an unexpectedly large 18.2 percent, the most in more than 10 years, as oil prices rose for the seventh straight month and imports from China bounded higher, a U.S. government report showed on Friday.
President Obama plans to announce he wants to focus extensively on cutting the federal deficit. Obama spent more money on new programs in 9 months than Bill Clinton did in 8 years, pushing the annual deficit to $1.4 trillion. Leaves little room for b
CNBC taken to school... then they offer a 2 hour spot on the show in studio (yeah right :)
The federal budget deficit for October rose more than expected to $176.36 billion, the government announced moments ago, up from $155.53 billion in October 2008. This is the largest October deficit on record. It is the first month of fiscal 2010.
The weakness in the U.S. dollar risks inflating a bubble in the oil market, which could threaten consumer spending and potentially cause a double dip recession. The greenback's decline this year has been lauded as good for America as it benefits e
After more than an hour talking about how awful business has been of late, Straten jerks a thumb at the phone sitting on the desk. "Have you heard that phone ring in the last hour? 2 years ago that phone was ringing off the hook and we couldn't keep
Elmer Sutton’s eyebrows shot up when he saw the ad proclaiming gold stocks might make you wealthy. It sounded like the perfect solution for his stock portfolio, loaded with investments going nowhere. He vaguely recalled hearing a little about gold,
In Arizona, the budget has grown so gloomy that lawmakers are considering mortgaging Capitol buildings. In Michigan, state officials dealing with the nation's highest unemployment rate are slashing spending on schools and health care. Drastic financi
Most people find it both galling and absurd to see the bankers getting $10 million bonuses while there is 10% unemployment. Here at The Daily Reckoning, it’s just a matter of curiosity.
Marc Faber - Bernanke as Mugabe's Assistant / Vintage Ron Paul / Peter Schiff - Bullish on the Gold Standard / Liberty, the Mother of Order (Butler Schaffer has a new book) / Blowback at Ft. Hood - Jacob Hornberger
Goldman wasn't the only contributor to the systemic risk that nearly toppled the global financial markets, but it was the key contributor to the systemic risk posed by AIG's near bankruptcy. When it came to the credit derivatives,
"There are families not eating at the end of the month,” said the chief marketing officer at Wal-Mart, and “literally lining up at midnight” at Wal-Mart stores waiting to buy food when paychecks or government checks land in their accounts.
Join Charles for a discussion of The Dollar Meltdown and a book-signing, Thursday evening, November 12 at 7 p.m. at Barnes & Noble, Shea and Loop 101, Scottsdale, AZ. What are the prices of petroleum and gold signalling? This is a chance to learn
Hour 1: Mish Shedlock - SitkaPacific Capital Management & Charles Goyette, author of "The Dollar Meltdown" / Hour 2: Reason Magazine's Brian Doherty,... 'Ayn Rand' "She's Back!"
The new law prohibits a business from making more than 10 transactions a day without a cash register or without issuing a receipt. Violators face a fine of up to $2,000.
Peter Schiff debates an Obama supporter on Austrailian TV - "If You Thought the Housing Meltdown Was Bad…", By Doug Hornig, Senior Editor, Casey Research
Goldman Sachs peddled billions of dollars in shaky securities tied to subprime mortgages on unsuspecting pension funds, insurance companies and other investors when it concluded that the housing bubble would burst. (series)Entered By: Powell Gammill