UN Steps Up Attack On Dollar, Calls for World Currency
After strong criticism of the U.S. dollar in recent weeks from world leaders, the United Nations added more pressure with yet another scathing...
Economics
CBO Labels Current U.S. Debt Path “Unsustainable”
The non-partisan U.S. Congressional Budget Office declared that the U.S. government is on an...
Banks, Analysts Warn of Massive Money Printing Ahead
As credit and economic activity continue to contract, analysts are warning of big problems...
NYT’s Krugman Claims Europeans Balancing Budgets Means Worldwide Depression
Several European nations recently announced spending cuts to bring their budgets closer to balance...
Double Dip Evidence Piling Up
When John Hussman, in his Weekly Market Comment, noted that the Economic Cycle Research...
World Leaders Attack U.S. Dollar
The attack on the U.S. dollar as the world’s reserve currency intensified over the...
Alternative Currencies
The Federal Reserve’s monopoly on money and credit has caused so many problems for...
Inflation, Deflation, and a Potential Second Stimulus
The Obama administration is pushing for a second “stimulus” package as the amount of...
Private Wages Shrink — Government Programs Swell
“Paychecks from private business shrank to their smallest share of personal income in U.S....
13 Trillion and Counting
When former Comptroller General Bill Walker, who headed the U.S. Government Accountability Office, said...
Freezing the Economy with Global Warming Taxes & Regulation
Will the politicians in Washington succeed in freezing our economy to death under the...
Senate Caves to Fed Pressure, Waters Down Audit
Just before noon on Tuesday, May 11, the U.S. Senate agreed to a one-time...
$Trillion Bailout of Euro, Greece Shows Need to Audit the Fed
The timing of the sellout by Senator Bernie Sanders (I-Vt.) last Thursday, May 6,...
The New Frugality
Long term caution is affecting the economic decisions of millions of baby boomers. The...
Fed Facing Lawsuits, Criminal Complaints Over Market Manipulation
In addition to valiant congressional efforts for increased transparency, the Federal Reserve System and...
Austrian Economics Rising
“Peter, you have been mocked on all of these financial shows going back to...
Social Security’s Nest Egg is Officially Cracked
In a misleading article by Associated Press that IOUs “stashed away” in an investment account...
Fed Wages PR Battle for Power, Secrecy
After hiring lobbyists last year to protect its interests amidst increasing public and congressional...
IMF Seeks New Mandate, Global Currency
International Monetary Fund head Dominique Strauss-Kahn made a series of headline-grabbing statements late last...
CIT Founders and Taxpayers Foot the Bill
It’s official: the U.S. taxpayer is now on the hook for $2.33 billion in...