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For years I had heard people talking about "the fraud of the Federal Reserve." But I was busy trying to survive and the dollars I was paid with bought food at the grocery store, so I didn't give those reports a great deal of attention.
The State Department has no idea what happened to $6 billion used to pay its contractors.
Secret 'Triangle' Doc Strips NY Fed Power: "Reserve Bank Doesn't Breathe without Asking Washington if It Can Inhale"
According to the payroll jobs report today (March 6) the economy created 295,000 new jobs in February, dropping the rate of unemployment to 5.5%. However, the BLS also reported that the labor force participation rate fell and the number of people not
Last month it was revealed that former federal reserve Chairman Alan Greenspan, the architect of U.S. monetary policy under four Presidents, is anticipating a significant market event as a result of the trillions of dollars that have been pumped into
One of the assumptions of the eurozone – those 19 countries in Europe that use the euro as their national currencies – is that if any country left the zone, economic disaster would follow in its wake.
Treasury Secretary Jack Lew warned Congress that the U.S. will hit its statutory debt limit on March 16, setting up another potential showdown between lawmakers and the White House over spending.
Warren: Citigroup, Morgan Stanley, Merrill Lynch Received $6 Trillion Backdoor Bailout from Fed
From the outside looking into America's hall of one-way mirrors, it will look like a country gone mad; but then it already looks that way. And inside the hall of one-way mirrors it will look like valiant defenders of liberty battling implacable foes.
The chart below showing the annual increase, or rather, decrease in US factory orders which have now declined for 6 months in a row ...
We are only two months into 2015, and it has already proven to be the most volatile year for the economic environment since 2008-2009.
Mark Faber says the biotech sector, as well as social media and chip stocks, are due for a plunge. He also thinks investors will lose confidence in central banks.
There is no question but that the populations of most European countries will decline in the next generation, and in the cases of Germany and Russia, the decline will be dramatic. In fact, the entire global population explosion is ending. In virtuall
Bill Gross: Too Much Debt, Too Many Zombie Corporations, Low Interest Rates Destroy Pension System
Is the Chicago pension system so messed up and union work rules so entrenched the only way to change either of them is bankruptcy? I think so.
Is the Chicago pension system so messed up and union work rules so entrenched the only way to change either of them is bankruptcy? I think so.
Conservatives are out with yet another of their policy proposals. But as usual, it is heavy on reform and light on repeal.
Are we at the tail end of the stock market bubble to end all stock market bubbles?
Analysts predict that the world's first trillionaire will emerge on the planet -- and it may be sooner than we think.
In January, the town of Seatac, Washington, put in to effect a new $15 per hour Minimum Wage. No ramp ups, no tiered implementation. One day it was the state standard, the next, the highest minimum wage in the nation. The Koch Brothers sank a fortune
The average price of a pound of ground beef climbed to another record high -- $4.235 per pound -- in the United States .....
In 2006-2007 I called for a recession. We got a big one. I called for another one in 2011, as did the ECRI. That recession never happened.
With production and inventories at record levels despite the total collapse in rig counts, all eyes remain on Bake rHughes data for any signal the algos can use to mount a run.
Chicago drew closer to a fiscal free fall with a rating downgrade from Moody's that could trigger the immediate termination of 4 interest-rate swap agreements, costing the city about $58 million and raising the prospect of more
Spying Is Destroying the U.S. Economy
The largest U.S. bank by assets is aiming to reduce the affected deposits by billions of dollars, with a focus on bringing the number down this year, The latest steps large global banks to discourage certain deposits due to new regulations and low
Foreigners and the Fed hold large percentages of US. Treasury Bonds. What happens when foreigners reduce their need for U.S. dollars and the Fed ends QE?
With the S&P 500 now in positive territory for the year and the mainstream media back in normal cheerleading mode, it is worth noting ...
Read a cry of Leftist moral outrage in The New York Times. The author is an untenured assistant professor on the public payroll at the University of North Carolina. If she gets tenure, she will be in fat city for the rest of her career. But if she do
In the Minutes from the January FOMC meeting, the Federal Reserve addressed the financial situation, and noted that the increasing role of bond and loan mutual funds could pose a liquidity risk if everyone tries to get out of the market at the same t
