Panic Grips Europe as Cyprus, EU, and IMF Confiscate Savings
Panic-stricken bank depositors in Cyprus emptied ATM machines across the nation after the surprise announcement Saturday that, as part of an extremely controversial...
Markets
Amid Record Demand in 2012, Central Banks Scramble to Buy Gold
Global demand for gold hit a new record value level in 2012 and central banks around the world were gobbling up the precious...
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Student Loan Consequences: Real, Costly, and Personal
The consequences of governmental intrusion into the private market are inevitable, painful, and costly, as students such as Nick Keith found out much...
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More of America’s National Debt Being Bought by Foreign Governments
Foreign governments continue to increase their purchases of U.S. government debt despite concerns over the fiscal cliff and the government's continued profligate spending....
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Latest Manufacturing Report Confirms ECRI’s Recession Call
Calling it “unexpected,” Reuters reported that the Purchasing Managers Index (PMI) from the Institute for Supply Management for November fell to its lowest...
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Union Threatens to Paralyze Walmart Stores on Black Friday
The United Food and Commercial Workers (UFCW) union has threatened 1,000 protests against Walmart on Black Friday, while the giant retailer has filed...
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One Bear’s Prediction: Massive Market Selloff Coming
Hard-money investment manager Marc Faber predicts that markets could decline by 20 percent, perhaps more, as the economy faces the continued recession and...
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Goal of TPP: Free Trade Area of the Asia Pacific (FTAAP)
The goal of the secretive negotiations working out the TPP is the creation of a Free Trade Area of the Asia Pacific (FTAAP)...
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Tax Moves Being Dictated by the Fiscal Cliff
Small business owners, some of whom have spent their lifetimes building their businesses, are unloading them before the end of the year in...
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Agencies Set to Unleash Tsunami of Regulations after the Election
After learning that the White House had failed to enforce the law in order to protect President Obama’s reelection chances from potential negative...
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Preliminary GDP Report a “Nasty October Surprise”
The preliminary report from the Bureau of Economic Analysis on Friday about the nation's economic activity during the last quarter was called "a...
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Bond Fund Manager Says Only Gold Will Survive the Coming Disaster
In his October newsletter to clients of Pacific Investment Management Company (PIMCO), founder Bill Gross summarized the coming disaster that faces the country,...
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Fed Chairman Admits His Economic Model Is Japanese Economic Stagnation
Federal Reserve Chairman Ben Bernanke said in an October 1 speech that his U.S. central bank would copy Japanese economic policy to get...
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Hillary Clinton Advocates Less Govt. Regulation in Libya, Egypt
In a speech to Arab leaders at the Waldorf Astoria Hotel in New York on Friday, September 28, Secretary of State Hillary Clinton...
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New Fuel Economy Standards Imposed: Separating Hype From Reality
The hyperbole surrounding the White House's announcement yesterday of much higher fuel economy mandates is in sharp contrast to what consumers really want....
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