Economics
More Issues with Economic Stimulus
The Associated Press reports that a government investigator has discovered that 89,000 stimulus payments of $250 went to people who were either dead...
How Paul Krugman Would Handle Debt
Nobel prize-winning economist and Princeton Professor Paul Krugman provided the Associated Press with some unpleasant commentary on the huge debt that Americans and...
Read moreObama Chief Economic Adviser Summers Resigns
In the midst of speculation over possible changes to President Obama’s economic team, the chair of the National Economic Council, Lawrence Summers, announces...
Read moreBasel III and Sound Banking
The global regulation of banks took a major leap forward with the conclusion on September 12 of a round of talks held at...
Read moreThe Emerging Global Fed
The Federal Reserve has been a nightmare for the American people. It inflates the money supply, thereby devaluing already-existing money and placing a...
Read moreWaking up to a World Currency
If all the advocates of a world fiat currency (a currency not backed by a precious commodity like gold) were to scream at...
Read moreComic Books From the Federal Reserve
Facing more scrutiny than its leaders have ever wanted, the Federal Reserve responded beginning in 2009 with a campaign designed to tell everything...
Read moreIs America Headed Toward Japanese-style Economic “Lost Decades”?
Just one week after James Bullard of the St. Louis branch of the Federal Reserve Bank released his August 6 paper declaring that...
Read moreGDP Numbers Sink Again to +1.6% for Second Quarter
Real U.S. Gross Domestic Product increased at a far slower pace than previously reported, according to the U.S. Bureau of Economic Analysis (BEA),...
Read moreKiller Taxes on the Living and the Dead
Item: Treasury Secretary Timothy Geithner, as reported by AP/CBS on August 3, said that “it would be ‘deeply irresponsible’ for the Obama administration...
Read moreRon Paul Calls for Audit of U.S. Gold Reserves
In an exclusive interview with Kitco News, Congressman Ron Paul (R-Texas) revealed that next year at the start of the newly inaugurated 112th...
Read moreHow Bad Will the Economy Get?
More tough times lie ahead, according to a report on the state of the economy just released by the Congressional Budget Office (CBO)....
Read moreSan Fran Fed Finds Another Recession Likely
The San Francisco Branch of the Federal Reserve Bank has found that the United States will more likely than not be dipping back into formal...
Read moreConsumer Prices Increase 0.3 Percent in July
The Department of Labor’s Bureau of Labor Statistics issued a news release on August 13 stating that the “Consumer Price Index for All...
Read moreIMF Report Promotes World Currency
An April report from the International Monetary Fund promoting a world central bank and a global fiat currency went totally undetected by the...
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