Below is a priceless and insightful email from a friend of mine on the housing bubble and collapse. He and I were discussing the fact that the mainstream media and conventional wisdom blame banks and Wall Street for people buying homes they couldn't
The shale revolution's sweet spot is oilfield services, the lower-risk backbone of the American oil and gas boom that pays off regardless of a play's economics.
A record number of rogue Christian pastors are endorsing candidates from the pulpit this election cycle, using Sunday sermons to defiantly flout tax rules.
A record number of rogue Christian pastors are endorsing candidates from the pulpit this election cycle, using Sunday sermons to defiantly flout tax rules.
The "new" post-Fed Greenspan sounds very much like the "old" pre-Fed Greenspan-––the one who consistently advocated gold before he became Fed chairman.
"It's never gonna get any better, be happy with what you got... because the 'owners' of this country don't want that. The 'real' owners of America - the big wealthy business interests that control things and make all the important decisions - got you
Over the last few weeks, I've had close to 30 consultations with Nestmann Group clients. And one of their top concerns is that Barack Obama or some future US president will find a way to confiscate the money in their IRAs or 401(k) plans...It's n
Inquiring minds are digging into the Census Bureau Advance Report on Durable Goods Manufacturers' Shipments, Inventories and Orders for September 2014 for hints at 4th quarter GDP.
Back in June we first observed that "America's Most Important Housing Market Signals A Red Alert For Housing Bubble Watchers" and showed the following chart:
When we are free to trade, we are free to figure out the things we can produce at the lowest opportunity cost. This is David Ricardo's law of comparative advantage. It indicates that trade opportunities will exist between people and groups even whe
Though there is some debate over the exact income a middle class household brings in, we do have an idea of who the middle class are — most working class people.
After registering a 10 percent drop from its Sept. 19 high last Wednesday, the S&P 500 index quickly rebounded, and New York Post columnist John Crudele suggests the government might have had something to do with that bounce.
The rise of the machines may be here sooner than we first thought. And it's showing up the most in two places: Wall Street and the minimum wage movement. It's the ultimate battle of class warfare, now complicated by the tech industry.
Stu
Every year, Project Censored puts out a NEW list of the Top 25 Most Censored Stories from the last 12 months. There are some rather compelling headlines included in the list, so we reached out to the director of the project to find out HOW he cam
In an article in the UK's Telegraph on October 10, veteran economic correspondent Ambrose Evans-Pritchard laid bare the essential truth of the nearly universal current embrace of inflation as an economic panacea.