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"First cities then counties, the collapse is upward. People waiting for an economic apocalypse are anxiously watching banks, financial institutions, and national governments, but they are looking in the wrong place
One Republican member of the Congressional “super committee” who has signed Grover Norquist’s anti-tax pledge says that tax increases “are a reality” as a part of any deal to reduce the nation’s budget deficit.
Federal Reserve Chairman Ben Bernanke is taking his show on the road in at attempt to help Americans feel better about the Federal Reserve.
People expect economic growth, but the availability of fuel needed to make that happen, is not growing enough support that, says Ravi Sharma, chief executive of Adani Power. But there's one big obstacle in the way
The Nation State Is Going Down - Government by Force - What's in Your Water? - New Gold Target: $2330 - The Criminal Disaster of Iraq
The head of China's biggest ratings agency, Dagong Global Credit Rating, is warning that it may downgrade the US's sovereign debt rating again because of Washington's failure to tackle the federal budget deficit. The remarks by Dagong's chairman,
A goat and a garden will keep you alive and healthy through any food crisis. This is our fourth year gardening, and we messed around and got it right this time.
"We've grown 10 percent year on year in commercial ammunition. That's pretty good growth," said Tom Werner, vice president of sales and marketing at Olin.
Oil rigs, ammunition and electronics: in a U.S. economy that has come precariously close to stalling, these and other thriving industries are proving an unexpected boon for niche metal manufacturers.
On every occasion of political and economic crisis but one in her history, America has come to the point where “two monetary roads diverged in a yellow wood”—and has taken the wrong road.
Since 2008, there has really been no positive change in asset quality… and rather than update their balance sheets to reflect this grim reality, governments have simply authorized funny accounting tricks to hide the truth.
PREPARATIONS were under way last night for the break-up of the euro as Europe’s debt crisis spiralled out of control.
Political news junkies are all abuzz about the big November 23 deadline that the Joint Select Committee on Deficit Reduction (“super committee”) is up against. The job of the twelve-member committee is to cut $1.2 trillion from the federal budget ov
Based on Melanie Phillips' new paperback edition of her bestseller, "The World Turned Upside Down," this video explains how the Occupy Wall Street movement and the socialist-Islamist-fascist axis unite around the anti-Semitic banner.
Visit RonPaulNow.com for all debates plus other interviews
(Reuters) - German and French officials have discussed plans for a radical overhaul of the European Union that would involve setting up a more integrated and potentially smaller euro zone, EU sources say.
(Reuters) - Stocks tumbled 3 percent on Wednesday in the market's worst day since mid-August as a spike in Italian bond yields signaled the European debt crisis had worsened.
So much for the US decoupling. Following 5 days of persistent refusals to deal with reality, the real world finally came back with a bang, and while the overall market tumbled the most in two months, it is really financial stocks that took the brunt
The Bureau of Labor Statistics, Health and Human Services, and the US Census have released data that reveals America has reached the highest levels of extreme poverty in its long history. The federal government's own numbers belie the assurance offe
The contrasting political and financial versions of former New Jersey governor and Goldman Sachs CEO Jon Corzine (D) was on Jon Stewart’s mind Tuesday evening.
To get a sense of just how intellectually and morally bankrupt mainstream academic economics has become, this article tells all, however unknowingly, since the author believes the quoted economists are correct: Another professor who teaches at
Faber, who has warned since before the 2008 crisis that entire nations would fail due to high debt levels, that hyperinflation is an inevitable outcome of the Fed’s accounting games, and that war will be the ultimate result, shares his views on CNBC:
Fannie Mae, the biggest source of money for U.S. home loans, on Tuesday said it needed a further $7.8 billion in federal aid to stay afloat as a shaky housing market widened its third-quarter loss to $5.1 billion.
Christina Romer is the most dangerous woman in America right now. As an economics professor at the University of Berkeley, she’s charged with educating the next generation of productive citizens. She also formerly chaired the Council of Economic Advi
Eighty years ago an anguished debate between two economists began in Britain — and came to shape the politics of the world after World War Two. The differences between John Maynard Keynes and his nemesis Friedrich Hayek sharply described alternative
(Reuters) - Fannie Mae, the biggest source of money for U.S. home loans, on Tuesday said it needed a further $7.8 billion in federal aid to stay afloat as a shaky housing market widened its third-quarter loss to $5.1 billion.
The number of poor Americans hit a record 49 million in 2010, or 16 percent, according to new data released on Monday that showed poverty rates for the elderly, Asians and Hispanics higher than previously known.
Bipartisan support for Congress's 'super committee' and its deficit-busting work has lately come to the fore. Moreover, some Republicans seem ready to redefine the 'no tax pledge.'
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The widespread misdiagnosis of the crisis now engulfing us has led to the frequent claim that lax regulation, or deregulation, must have caused it, and that better supervision of the system can prevent future crises. This is a delusion, albeit a comm
I think we'll be checking Gold in the morning... Silver too,... Again!
