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Category Archives: Financial
America Awakes To Sea Of European Red As Hopium Hangover Hits
If last week was Europe’s days of hope, even as the continent was again breaking, predicated by the utterly ridiculous such as a successful Bill auction, a weak Spanish Bond issue, somehow spun by the propaganda crew as good despite pricing at … Continue reading
Posted in Editorial, Financial
Tagged Economic Collapse, Eurozone, France PMI, German PMI, NC Renegade
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Pelosi on Americans not paying income tax: ‘I wish they would earn more so they can pay more’
Addressing the percentage of taxpayers who do not pay any income tax, House Minority Leader Nancy Pelosi said these Americans have “skin in the game” since “they pay payroll taxes,” adding, “I wish they would earn more so they can … Continue reading
Downgrade of US Credit Rating by Egan Jones Becoming a Vendetta?
The SEC will be filing charges against Egan Jones for alleged misstatement on a four-year old regulatory application. This is another example of the administration punishing a company for not keeping in lockstep. The charges come just after Egan Jones lowered their … Continue reading
Posted in Editorial, Financial
Tagged Egan-Jones, NC Renegade, SEC, Standard & Poor's
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Derivatives, US Banks and Reality
Visualizing America’s Derivatives Universe A month ago, we presented the latest derivatives update from the OCC, according to which the Top 5 US banks held 95.7%, or $221 trillion of the entire US derivative universe (which in turn is just a modest portion … Continue reading
Posted in Editorial, Financial
Tagged Derivatives, NC Renegade
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Reagan Vs. Obama – Social Economics 101
httpv://www.youtube.com/watch?v=3h8O7V-WxWQ
Financial Instability Mini-Documentary
httpv://www.youtube.com/watch?v=9JD6uuiiZPY
Posted in Editorial, Education, Financial
Tagged David Tuckett, David Weinstein, Dirk Bezemer, Gillian Tett, John Kay, Joseph Stiglitz, NC Renegade, Stephen Kinsella, Steve Keen
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Former Chairman of the FDIC: My Solution for Income Inequality
Sheila Bair, a former chairman of the Federal Deposit Insurance Corporation, has written an article concerning income inequality in the United States. Tongue in cheek or blatant arrogance? David DeGerolamo Fix income inequality with $10 million loans for everyone! By Sheila … Continue reading
Posted in Editorial, Financial
Tagged FDIC, Income Inequality, NC Renegade, Redistribution, Sheila Bair
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George Soros: The Future of Europe
httpv://www.youtube.com/watch?v=T0_0A1K7dlE From YouTube: George Soros, Chair of Soros Fund Management at the panel entitled “The Future of Europe” at the Institute for New Economic Thinking’s (INET) Paradigm Lost Conference in Berlin. April 13, 2012.
Posted in Editorial, Financial
Tagged Economic Collapse, George Soros, NC Renegade
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A Republic That Is Not Moral Will Fall
httpv://www.youtube.com/watch?v=D9vQt6IXXaM&hd Our founding fathers gave us a republic with the admonition that only a moral people will be able to keep it. Most of our elected officials have failed us and our nation in this respect. We control our fate, … Continue reading
World Collapse Explained in 3 Minutes
httpv://www.youtube.com/watch?v=NOzR3UAyXao This video is two years old. See what one trillion US dollars printed by the Treasury under orders from Ben Bernanke will postpone. And without Congressional approval. But with your life savings devalued in order for the EU to … Continue reading
Posted in Editorial, Financial
Tagged Economic Collapse, European Union, NC Renegade
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The unemployment rate drops to 8.2% for one simple reason: the government lies
See additional comments on Tea Party Nation. Truth vs. Propaganda. The media is trumpeting another fall in unemployment today as the number of jobs created was only 60% of the expected 203,000. If the expectations had been met, unemployment would … Continue reading
Egan Jones Downgrades USA From AA+ To AA, Outlook Negative
The following article from Zerohedge.com foreshadows the Federal Reserve’s worst nightmare. As our credit rating declines, our interest payment on debt increases due to the risk of default. The solution is the same for Ben Bernanke for every problem: tell the … Continue reading
Posted in Editorial, Financial
Tagged AA, Economic Collapse, Egan-Jones, NC Renegade
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Are We Now Pavlov’s Dogs?
The Fed’s Con Appears To Be Working But The Curtain Is Rising On The Third Act In today’s conomic news, the mainstream media focused on the disappointment surrounding the FOMC Minutes, the massaged and sanitized fairy tale about what the … Continue reading
Posted in Editorial, Financial
Tagged Bernanke, commodities, Federal Reserve, NC Renegade, Stock Market, Wall Street Examiner
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March Automobile Sales: Who Should We Believe?
Here are two different articles based on the same story: March automobile sales. You can decide who is telling the truth. David DeGerolamo Strong car sales signal automakers’ comeback The Big Three U.S. automakers all reported strong March sales, as … Continue reading
Posted in Editorial, Financial
Tagged GM, March Car Sales, NC Renegade
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Reagan to Obama: There You Go Again Trying to Rewrite History
Our president has no respect for the level of intelligence of the American people. Let me break this down in a series of logical steps. 1. Obama submits a 1000+ page health care bill written by George Soros’ Tides Foundation within … Continue reading
Posted in Editorial, Elections, Financial, Health Care
Tagged Healthcare, Judicial Activism, NC Renegade, Obama, Reagan, Supreme Court
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