Hahhahahahahahahahahahahaha LMFAO...This man is the biggest phony on earth...so sick of this lying piece of trash. People who back this man really need to stop living in denial. Who knows what this idiot would look like if he actually went to an Afri
America today lives with a cultivated sense of victimhood. That is the legacy of 9/11. It fills us with anxieties. It warps our self-image. It distorts our foreign relations. It is self-perpetuating. Yet we need it.
What should investors watch in 2012? As the new year dawns, there are plenty of short-term issues on the horizon, ranging from the eurozone to fiscal gridlock in the US to upheavals in the Middle East.
A branch of the Greek central bank. Bank deposits are falling rapidly. Many Greeks are draining their savings accounts because they are out of work, face rising taxes or are afraid the country will be forced to leave the euro zone.
Is the world on the verge of another massive global financial collapse? Yes. The western world is drowning in an ocean of debt unlike anything the world has ever seen before.
Once you understand it - truly understand it - you can never fall victim to a ponzi scheme. Not only that, you will never allow any society you are a member of to fall victim to one either, as you will recognize the inherent danger and demand that..
The governments of the western world have had a lot of fun spending money as if there was no tomorrow, but now tomorrow has arrived and all of that debt is rapidly catching up with us.
A good round up of the catastrophic economic situation for the middle class can be found at Alternet, yes, the favorite site of the loony left. I’ve noticed a tendency on the right to deny any fundamental problems,...
Is the U.S. government stockpiling huge amounts of food and supplies in anticipation that something bad is about to happen? Is something about to cause a major economic crisis that will require large quantities of emergency food?
Expecting insight about the economy from Barack Obama is like hoping to learn about Paul Revere from Sarah Palin.
However, inadvertently, the President seems to have gotten something right.
President Obama stumbled...
The Best Article Ever Written on Depressions - No Way Out,
Doug Casey on the greatest depression, and why it might not be all bad. - Anarchy Is the Answer, Ralph Raico on liberation from the parasite state.
A must-read article that begins with this quotation:
“From now on, depressions will be scientifically created.” — Congressman Charles A. Lindbergh Sr. , 1913
Zip, zest, and zeal are signs of health. If you feel that you are lacking these on a regular basis, you may be depressed. Many people do not believe in depression; however, it is one of the most common health problems in the United States affecting a
The US workforce shrank by 652,000 in June, one of the sharpest contractions ever. The rate of hourly earnings fell 0.1pc. Wages are flirting with deflation.
The Dow Jones Industrial Average is repeating a pattern that appeared just before markets fell during the Great Depression, Daryl Guppy, CEO at Guppytraders.com, told CNBC Monday.
• by: RUADHÁN Mac CORMAIC in Paris, IrishTimes.com
UNEMPLOYMENT IN France rose to its highest level in a decade in the fourth quarter of 2009, new figures revealed yesterday.
News that the jobless rate jumped to 10 per cent from 9.5 per cent in the third quarter comes as a blow to the ruling UMP par
There is an old and apocryphal saying that "a good handgun is worth an ounce of gold" and it turns out to be true -- at least it has for the past 136 years.
Because it is basically unchanged after 136 years of continuous production and because the
The large-scale government intervention in the economy is going to end badly. - I am reminded of the outlook in 1930, when the experts were certain that the worst of the Depression was over and that recovery was just around the corner.
Day presents a fact-rich case, rooted in economic history and time-tested theory, in which he concludes that an economic contraction of very large proportions is presently developin
You probably heard that Nicu Harajchi - CEO of N1 Asset Management - told CNBC on Friday that we're heading into a full-blown depression.
You may have heard that Paul Krugman said a couple of days ago that the collapse in global trade is worse tha
Good times will not be returning any time soon.
We continue to lose jobs month over month. And, while the statistics being released are showing a slow down, this is basically a fabrication. There are thousands of people falling off of unemployment
This global recession will turn into a "full-blown depression," Nicu Harajchi, CEO of N1 Asset Management, said Friday, adding that global stimulus hasn't come down to Main Street.
Citibank and Goldman reported this morning and both put up what looked at first blush to be better-than-expected numbers.But both sold off in the premarket. Why? Put more generally, "there ain't no such thing as a free lunch", or TANSTAAFL. The "st
In this fascinating speech, economist Thomas Woods explains why you've never heard of the Depression of 1920. Because it was over within a year, as the government let it run its course.
At the FT, economist Thomas Palley goes metaphor crazy arguing that we're heading for a double dip, and that the possibility of a Second Great Depression should not be written off.
Monsanto is set to report earnings later this week, with Peter Schiff, Euro Pacific Capital and the Fast Money team. All the spending is still digging a bigger hole & we are do nothing to fill it. Don't be fooled be rising stock prices.US economy sti
Obama inherited a crisis, to be sure, but he has made it much worse. President Barack Obama may be remembered for permanent depression, the way that Leon Trotsky's name is linked with permanent revolution. Fiscal stimulus combined with near-zero inte