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Unemployment continues to plague our economy. In spite of constant claims we have just turned the corner into recovery, the jobs report remains grim with no real signs of improvement. While Keynesian economists and big government apologists
I am writing in response to your request for an estimate by the Treasury Department of when the Statutory debt limit will be reached, and for a description of the consequences of default by the United States. Never in our history has Congress fai
The report contains a clip by Harvard economist and top economic textbook salesman, Greg Mankiw. His take on the recent financial crisis is that the reason mainstream economist didn't forecast it was because it was an outlier event.
Buy local? Ok! I will do that! Wait…..this says product of China, product of Brazil, product of Mexico, product of Egypt, Guatemala, Argentina ………where is the stuff produced in the US? How am I supposed to buy local to support my local economy when
The United States is effectively printing cheap dollars as it implements an ultra-loose policy to spur its flagging economy, setting the stage for "a world credit war", a Chinese rating agency said. Quantitative easing has "eroded the legitimacy of t
Japan and the United States faced new pressure to confront their swollen budget deficits as the IMF and rating agencies demanded more evidence they can bring their public debts under control. The G7's 2 biggest economies needed to spell out credible
The US economy is no longer technically in recovery. As Mitsubishi Financial's Ellen Beeson Zentner points out in a morning note, with today's GDP report, we're officially in expansion, having passed the old high.
Flava Flav is doing his part to revive the economy! My friend from High School owns a motorcycle shop in Clinton, IA and sent me this link. The guys on American Pickers are just down the road a piece in LeClaire, I wonder if they will go there on t
Please don't look behind the curtain. It wasn't excessive monetary stimulation that caused the financial crisis but Wall Street greed.
CONNECTING THE DOTS
At $14 trillion in debt, the US debt capitalism is about to collide with stark physical reality!
The January 7, 2011 employment report issued by the U.S. Bureau of Labor has some "sit up and take notice" numbers in it. Presumably the major news media overlooked the Bureau of Labor Statistics (BLS) numbers since none have reported on its gloomy
In the week ending Jan. 22, the advance figure for seasonally adjusted initial claims was 454,000, an increase of 51,000 from the previous week's revised figure of 403,000.
America's unaddressed economic crisis
What are they thinking? November 2010 didn't count? That we really don't care if we bankrupt everything? That it's all ok to keep adding to what we know is a problem and have them poo poo us like it isn't really there? Do you feel the patronizing
What moron would propose that in an economy that is so obviously healthy and surging. After all, the only way to validate a surging stock market, er, economic recovery, is through bullshit numbers pulled out of the ass.
Boeing Co offered a weaker-than-expected 2011 earnings outlook as higher pension costs exacerbated the impact of potential defense spending cuts and delays to the 787 Dreamliner, sending its shares down 3.6 percent.
Sales of new homes raced to their highest level in eight months in December, but gains were driven by a surge in the West that economists were reluctant to call a sign of a recovery in the market.
The Labor Department says the unemployment rate rose in 20 states and fell in 15. It was unchanged in another 15 states. That's nearly the same as in November, when the rate rose in 21 states, fell in 15 and was the same in 14.
Host:
Ernest Hancock
Stuart Vener - National Real Estate and Mortgage Expert / Chris Bliss - MyBillOfRights.org Executive Director
Host:
Ernest Hancock
Stuart Vener - National Real Estate and Mortgage Expert / Chris Bliss - MyBillOfRights.org Executive Director
It's easy to see why on the surface. Quarterly profits came in at $1.3 billion, or $0.04 per share. That's trivial even for this $5 stock and not enough to reinstate a healthy dividend likeJPMorgan Chase (NYSE: JPM) is talking about.
McDonald's affordable food drew even more customers in its fourth quarter, but the burger chain said it may raise prices this year as its own food tab rises. Worries about rising costs at the world's largest hamburger chain gave some investors pause
Tons of CNBC guests talked about how bullish they were on fertilizer stocks. You'd hear stuff like, "Things couldn't be better for the industry."
There's not much point to making New Year's resolutions prior to Super Bowl Sunday.
Bills were introduced on January 18 in both the House and Senate of the Washington State Legislature that add Washington to the growing number of states now actively moving to create public banking facilities. The bills, House Bill 1320 and Senate
I showed you how to sidestep a plummeting market, wait for it to bottom, and pick up big gains on the rebound. Today, we're going to take that lesson and turn it upside-down. We're going to look at how to make money on the short side by safely callin
OK... we've learned "don't fight the tape." In other words, don't bet against the trend.
Martin Zweig is one of the greatest analysts and traders who ever looked at a stock quote.
I've never seen my readers so angry...
Why do people pay any attention to government statistics?
