These statistics paint an ugly picture of the future for the US economy!
The statistics below range from a discussion of the US dollar, China, the credit worthiness of US treasury debt, a disappearing middle class, an evaporating jobs market, infl
If everything you own is held in your own name in your own country, then you are not merely exposed, you are vulnerable absolutely, to whatever decisions the government might make about how you should behave.
Back in the era of World War II, a goldbrick was a slacker in the military. He was the guy who always seemed to be able to find a reason not to pull his own weight, as the phrase went.
“Atlas Shrugged” remains one of the best-selling books of all time. More than 7,000,000 copies of the tome have been sold since it was first published. It is currently #4 on the Amazon best-seller list.
"A lot of people in that age group came into adulthood with a lot of confidence," she said. "They thought they could get a good education and - even if they had to charge it with student loans - they were going to come out making...
The much more persuasive case has been made that the combination of ultra low rates, shadow banking system, corrupt rating agencies, foolish lenders, irresponsible borrowers and dumb bond fund managers were the primary causes.
The DATA provides an
Barry Hess guest host - Ernest calling in from Fedstock II: Philadelphia End-the-Fed Rally, March & Concert. James Babb co-founder Fedstock and www.WeWontFly.com / Darren Wolfe "Focus on Peace".
Class warfare in the United States is heating up again. As the overall economic pie shrinks, the poor are being taught to go after the rich and the rich are being taught that the poor are a threat.
The complexity of the federal budget and debt crisis is daunting for even the most learned financial minds. What chance do laymen like you and I have?
I recently wrote an article that looked at the U.S. budget crisis as if it were a pie, with ha
Children love to play "let's pretend." Let's pretend the economy is "recovering." Why does this "recovery" remind me of an addict who's conning his caseworker? (Yes, I'm really in recovery--those aren't tracks, they're insect bites....)
In a world in which we expect everything to be digital, and all digital objects to be archived and searchable forever, what is the role of a paper card?
As Republicans and Democrats slug it out over the future course of U.S. government spending, deficits and debt, we cannot help but wonder if Washington truly grasps the enormity of the government’s increasingly fragile financial condition,
As the economy tanks, crime is going up. The maggots will be looking for soft targets and your garage – especially if you leave it open – is one of the softest.
What can you do to reduce the odds you’ll be victimized?
The challenges facing investors and investment professionals ... Personal investment is a goldmine for some but a minefield for most. The decade ahead is going to pose tough challenges for both personal investors and the investment professionals who
Here comes the first indicator that Q2 GDP is about to be mass revised by everyone, courtesy of Japan, and ongoing inflation pressures: the Philadelphia Fed collapsed from a revised 43.4 (a 27 year high) to 18.5, the lowest since November 2010.
The fact that Initial Jobless claims are rising once again should come as no surprise to those who watch The Consumer Metrics Institutes contraction watch. The economy is heading for new lows on a daily basis...
Thanks to a dollar in freefall as evidenced by a spike in the price of gold, always limited capital was migrating toward the hard, unproductive assets least vulnerable to currency devaluation.
You Are Getting Stiffed - Gary North on your old age, lying politicians, and what to do about it all. / Race and Economics - Walter Williams is interviewed by Lew Rockwell. / 3 More Attacks on Civilization - Jeff Tucker on prohibition of phosphate de
Federal Reserve and Government Have Exploded the U.S. Fiscal Crisis,
Shattered Global Confidence in the U.S. Dollar but Not Resolved
Ongoing Economic and Systemic-Solvency Crises
The U.S. government plans to sell a significant share of its remaining stake in General Motors Co. this summer despite the disappointing performance of the auto maker's stock, people familiar with the matter said.
Are you are paying attention? Obama's Change has finally arrived, but does your paycheck reflect it? Gary Franchi gets "mad as hell" about the Debt Ceiling and wishes Washington DC well in "the Rant." He presents good news about the Social Netwo
This very elaborate and morally ambiguous law enforcement system is predicated on the government determining what your actions and intentions will be, often before you do. It's not all science fiction
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