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The April 2011 Non-Manufacturing ISM plunged 4.5 points to 52.8 from 57.3 The drop was below expected range of all 73 economists in a Bloomberg ISM Survey.
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My wife just celebrated her 35th birthday. If you ask me, she doesn’t look a day over 25. She may be quiet and angelic, and not much more than 5 feet tall. But she’s a strong and determined woman with a lot of street smarts.
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In contrast to a Gallup poll that shows more companies are hiring than firing, a Rasmussen Reports poll shows the opposite.
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Dead Men Tell No Tales - Eric Margolis talks to Lew Rockwell about lynch-mob foreign policy. / The New York Times Is Dying - That's good news for liberty, and bad news for Keynesians, says Gary North. / Speculators Are Economic Heroes - No matter w
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America's institutions are like stars about to go super-nova. They have increased in size to the point where their mass guarantees that once their energy source falls below a certain threshold, the institution will collapse inward on itself.
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"A 'C' is equivalent to approximately a triple-B on the S&P, Moody's and Fitch scales. It's two notches above junk and one notch above the equivalent of a single A," Martin Weiss, President of Weiss Ratings, told CNBC Tuesday.
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As I drive down nice streets in nice parts of town, I see reminders of the boom that was.
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Today SNAP released the most recent food stamp numbers. Not surprisingly, we just saw another all time high 44.2 million poverty-level Americans relying on government funding for day to day sustenance.
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Little has been written inSurvivalBlog aboutmoving one's wealth andfamilyoffshore in planning for a US currency collapse. I can share a few insights since mywife and I have done this as a backup plan. (Plan B).
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If today were April 1 and not May 2, we could dismiss as an April fool’s joke this morning’s headline that Osama bin Laden was killed in a firefight in Pakistan and quickly buried at sea.
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I wanted to write aboutmyexperience tohelp othersthat maybe facing the samesituation.Even thoughI maywrite thisverysimplyandfactually,itwas a very emotionalanddevastatingtime in my life. I learned a great deal but don’t want to ever go through itagai
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In the face of onslaught, the heroes of Ayn Rand's 'Atlas Shrugged' (now in theaters) decided to stop working, retreat to a valley, and try to rebuild only when the country had collapsed.
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The nation’s unnerving descent into debt began a decade ago with a choice, not a crisis. In January 2001, with the budget balanced and clear sailing ahead, the Congressional Budget Office forecast ever-larger annual surpluses indefinitely. The
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It turns out, the US is #1 in all sorts of ways.
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Until relatively recent times, the symbiotic relationship existing between economic and political institutions has only been vaguely comprehended.
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If US party politics is your thing (it definitely ain't mine), Gallup also dove into differences there. And even though 42% of Democrats see a growing economy, vs only 14% of Republicans, what strikes me is that even among Democrats...
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Now, whether this deleveraging is orderly, as now appears to be the case in Britain, or more resembles what I have long predicted will be a violent default in Greece, it will create a profoundly different economic world from the one we have lived...
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Fed Chairman Ben Bernanke gives a press conference to tell us that inflation is still under control! Whew! Do spiraling costs pose any national security threat? Having what Ben Bernanke and his Fed cronies consider to be stable prices in the US
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Ron Paul appears on dozens of TV & Radio shows this week:
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Baltimore, Maryland – Colleague Porter Stansberry sent us this note: The Justice Department is assembling a team to “root out any cases of fraud or manipulation” in oil markets that might be contributing to $4 a gallon-plus gasoline prices. Says O
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American Fascism - Butler Shaffer on big business vs. free markets. / Has the Militarist Right Found Its New Warlord? - Will Grigg on Allen West, the belligerent, double-dipping congressman. / Is There a Right To Live Where You Want? - Of course not,
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"Companies that are very profitable still behaving as if bankruptcy is around the corner". And why wouldn't they: when in the history of human events has central planning every worked?
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The revenue projections of President Obama, Paul Ryan, and the nonpartisan Congressional Budget Office are all hopelessly optimistic with obvious implications on the deficit, on interest on the national debt, and on long-term interest...
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So, the top 10% of income earners pay 69.9% of the income tax while the bottom 50% of Americans pay 2.7%. Now, if we were actually going to make the tax code more “fair,” who would actually be paying more and who would be paying less? Maybe the ric
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Or maybe somebody looked in their crystal ball and saw the coming unrest and decided people need to buy their shotguns from SOMEWHERE.
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What about the vaunted small business job creation? Isn't the birth/death model showing job growth here? Sure, but its a model. I think the layoffs are coming more and more from small business.
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Think of it as your own private contingency planning group—hence the name: The Strategic Planning Group.
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America's Will To Kill - A revisionist look at our history, from Ralph Raico. / Gary North's Opponent Concedes - On the inflation vs. deflation debate. / Authoritarian Losers in Power - Pentagon and CIA musical chairs. Article by Karen Kwiatkowski.
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When a month ago the CEO of Wal Mart Americas told the world to “prepare for serious inflation“, the Chairman laughed in his face, saying it was nothing a 15 minutes Treasury Call sell order can’t fix (granted net of a few billions in commissions for
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Leading economists predict America’s age will end in five years. The International Monetary Fund forecasts that, after more than a century as the world’s largest economy, the U.S. will be usurped by CHINA as early as 2016.
