Obama, Romney and the Hail Mary
• http://online.wsj.com, BY HOLMAN W. JENKINS, JR.The Fed, seeming to give up on politicians, is trying to heal U.S. debt wounds with a dose of inflation.
Contents Pages by Subject
Economy - Economics USA
Dancing On The Grave Of Keynesianism
• http://www.zerohedge.com, Tyler DurdenThe collapse of the Soviet Union in December of 1991 was the best news of my lifetime.
Guest Post: Eight Signs The System Is Broken
• http://www.zerohedge.com, Tyler DurdenHere are a few interesting tidbits to chew on:
Bleak Photos Capture The Fall Of Detroit
• http://www.businessinsider.com, Kamelia AngelovaDetroit was once the symbol of prosperity and economic development, but with the decline of the American auto industry, the Motor City has fallen into a great state of dilapidation.
Milton Friedman Probably Would Have Supported Bernanke's QE3
• http://www.businessinsider.com, James PethokoukisA fascinating and instructive speech today on monetary policy from Ben Bernanke.
ROSENBERG: There's A New Debt Bubble Forming And It's Keeping Buyers Out Of The US Housing M
• http://www.businessinsider.com, Sam RoThe U.S. housing recovery has been sluggish at best. But the question remains: will the recovery hold?
Is this taught in your local high school?
Menckens GhostDo students at your local public high school graduate with an understanding of this? If not, you might want to question the value of the institution.
VIDEO: QE3 Destined to Run Until Implosion?
• http://www.thedailybell.com, by Staff ReportThe video here provides us with a succinct summary of the effects of QE2 – beyond what may be questionable impacts on labor.
Economic Recovery and QE3
• arcleinIn its third round of QE, the Fed says it will buy $40 billion in MBS every month for an indefinite period. To do this, it will essentially create money from nothing, paying for its purchases by crediting the reserve accounts of the banks from which
The Federal Reserve Sends Thank You Letters To Congress
• http://theeconomiccollapseblog.com,The Federal Reserve continues to pump up this "bubble economy" by recklessly printing money and by setting interest rates artificially low, and the U.S. Congress continues to stand aside and allow them to systematically destroy our economy.
Billionaires Dumping Stocks, Economist Knows Why
• http://www.moneynews.com, By Newsmax WiresDespite the 6.5% stock market rally over the last three months, a handful of billionaires are quietly dumping their American stocks . . . and fast.
The Fed Chairman "Gets To Work", Releases His First Speech Since QEternity
• http://www.zerohedge.com, Ben BernankeMy topic today is "Five Questions about the Federal Reserve and Monetary Policy." I have used a question-and-answer format in talks before, and I know from much experience that people are eager to know more about the Federal Reserve, what we do, and
Judge strikes down rule capping speculative trades
• http://seattletimes.com, By MARCY GORDONA federal judge has struck down a rule required under the 2010 financial overhaul that seeks to limit speculative trading of commodities futures.
Today on LewRockwell.com - Monday October 1st 2012
• LewRockwell.comRaw-milk farmer acquitted in government persecution case
Judge strikes down rule capping speculative trades
• www.news.yahoo.comThe rule, which was adopted on a divided vote last year, restricted the volume of futures contracts that financial investors can trade for 28 commodities. They are agricultural commodities, energy and metals that are traded on several U.S. exchanges.
The Fuse Is Lit! Two Excellent Videos Outlining Where Things Stand In The Global Economy.
• http://www.dailypaul.com, base1aransas"With the acceleration of economic and monetary events here is the first of 3 short films in 2012.
Judge strikes down rule capping speculative trades
• http://seattletimes.com, By MARCY GORDONA federal judge has struck down a rule required under the 2010 financial overhaul that seeks to limit speculative trading of commodities futures.
Bernanke: Trust Me. QE3 Will Work!
• http://www.dailypaul.com, P.Au.LFederal Reserve Chief Ben Bernanke is likely to use a speech Monday to try to focus the market’s attention back on the central bank’s aggressive easing policy and away from the doubts about the policy, Fed watchers say.
Why Are Stocks Like Roulette Than Hard Science
• http://www.investmentcontrarians.com/stock-market/The end of the third quarter produced the fourth straight month of gains, as we head into the always fun and volatile fourth quarter, which will also determine the next U.S. president. If you believe in the historical cycles, presidential election
Spain's debt to rise to 90.5% of GDP in 2013
• APSpain's public debt will reach 90.5% of its gross domestic product in 2013 with its new austerity budget, according to government documents. Spain also revised its debt ratio forecast for this year to 85.5% of GDP, up from 79.8%.
Leno: ‘We Wasted Four Years Waiting For Obama To Do Something About The Economy’
• http://newsbusters.org, By Noel SheppardJay Leno took some surprising shots at President Obama Thursday night.
GDP Growth Under 2 Percent
• Lew Rockwell blogYou need 2.5% to get anything even resembling enough growth to actually add real employment. GDP number includes growth in government spending too, so private-sector growth is even more anemic than 1.3% implies.
Short Video: Why the U.S. Government Will Default on Its Debt
• http://www.garynorth.com, Gary NorthThe deficit of the U.S. government cannot be sustained. The general public does not understand this.
Today on LewRockwell.com - Friday September 28th 2012
• LewRockwell.comThey're Going to Hell in a Handbasket - Don't join them, says Peter Schiff / 'Officer Safety' Is Sacred - Your safety is dirt. Article by Will Grigg / When the US Regime Collapses What are the chances for something better? Article by Terry Hulsey
How to tackle U.S. debt: Just do it
• arcleinMore astonishing than the bold plans for a massive rollback was the fact that Ottawa actually did what the document said. Total spending fell by more than 7 per cent over two years, while program spending (excluding interest) fell by almost 10 per
What’s Really Driving the Latest Economic Report?
• http://www.investmentcontrarians.comThe latest data regarding the economic growth rate of America came from the Commerce Department’s durable goods report, and the headline numbers weren’t good. The total orders for durable goods in the month of August fell 13%, primarily due to a mass
Brilliant commentary on inflation
Menckens GhostLast week I asked two libertarian economists why central banks and most mainstream economists are against deflation and in favor of inflation. They essentially said what the brilliant article below says: that the masses want their pay to increase,
A Solar Startup that Isn't Afraid of Solyndra's Ghost
• http://www.technologyreview.comBraving comparisons to the bankrupted Solyndra, SoloPower is going forward with the production of thin-film solar panels.
Paul Craig Roberts: America, The Next Banana Republic
• http://www.prisonplanet.comAlex welcomes American economist and Infowars contributing writer Paul Craig Roberts to discuss the impact of Eurpoean austerity measures on world markets amidst ongoing riots.
Analysis: Corporate America sweats as U.S. nears fiscal cliff
• http://www.reuters.com, By Scott Malone(Reuters) - Top U.S. executives have less confidence in the business outlook now than at any time in the past three years - and a key reason is fear of gridlock in Washington over the fiscal deficit and tax policy.
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