Category Archives: Financial

Executive Orders Catching up to Congressional Legislation?

Posted on January 16, 2012 by DRenegade

Congress passed “only” 80 bills in 2011 making this their least productive year since records began in 1947. I suppose Congress could not go back and count legislation passed in previous years. Is this a bad thing? Looking back on … Continue reading →

Posted in Editorial, Elections, Financial | Tagged , , , , , | Comments Off on Executive Orders Catching up to Congressional Legislation?

Is the Flight to the Dollar about to End?

Posted on January 14, 2012 by DRenegade

An article on Zerohedge.com speculates on how the consequences of the dissolution of the European Union on the value of the Euro. An interesting scenario at the bottom of the article offers a prediction if a partial North-South split occurs. … Continue reading →

Posted in Editorial, Financial | Tagged , , , , | Comments Off on Is the Flight to the Dollar about to End?

This Won’t Be Pretty on Monday Morning

Posted on January 13, 2012 by DRenegade

Will this be the last straw to decouple gold from the stock market? Unless some very strong measures are finalized over the weekend, next week’s financial markets may become a bloodbath. David DeGerolamo S&P Cuts Credit Ratings for Nine Euro … Continue reading →

Posted in Editorial, Financial | Tagged , , , , , , , , , , , , | Comments Off on This Won’t Be Pretty on Monday Morning

I believe Germany poses the biggest threat to global harmony for 2012.

Posted on January 12, 2012 by DRenegade

Here’s why… European banks are (in addition to borrowing on a secured basis from those customers they usually lend to) also paying insurers and pension funds to take their illiquid bonds in exchange for better quality ones, in a desperate … Continue reading →

Posted in Education, Financial | Tagged , , , | Comments Off on I believe Germany poses the biggest threat to global harmony for 2012.

Is It Possible for the United Kingdom to Recover From Financial Collapse?

Posted on January 12, 2012 by DRenegade

[Via: Amazing facts about the UK debt crisis]

Posted in Editorial, Financial | Tagged , , | Comments Off on Is It Possible for the United Kingdom to Recover From Financial Collapse?

DEBT LIMIT – A GUIDE TO AMERICAN FEDERAL DEBT MADE EASY

Posted on January 12, 2012 by DRenegade

httpv://www.youtube.com/watch?v=Li0no7O9zmE A satirical short film taking a look at the national debt and how it applies to just one family. Starring Brian Stepanek & Eddie Jemison, Produced by Seth William Meier, DP/Edited by Craig Evans, 1st AC Brian Andrews, Sound … Continue reading →

Posted in Editorial, Financial | Tagged , , , | Comments Off on DEBT LIMIT – A GUIDE TO AMERICAN FEDERAL DEBT MADE EASY

Stock Market Trading Volume Correlated with Mayan Prophecy

Posted on January 11, 2012 by DRenegade

Birinyi’s Ruler Predicts The End Of The Stock Market: Trading Volume To Hit Zero By Year End Although the volume of stock market trading is decreasing rapidly, the chart above shows the regression line extrapolated to no trades. Ask yourself … Continue reading →

Posted in Editorial, Financial | Tagged , , , , , | Comments Off on Stock Market Trading Volume Correlated with Mayan Prophecy

Obama Nominee Trying To Defend WH Budget Deception

Posted on January 11, 2012 by DRenegade

httpv://www.youtube.com/watch?v=muXovEBakag The Budget Committee held a hearing today to consider the nomination of Heather Higginbottom to be President Obama’s deputy budget director. Sen. Sessions confronted the nominee over false assertions from the White House regarding the president’s budget. Both President … Continue reading →

Posted in Editorial, Education, Elections, Financial | Tagged , , , | Comments Off on Obama Nominee Trying To Defend WH Budget Deception

Resistance to the Community Reinvestment Act Is Futile

Posted on January 9, 2012 by DRenegade

Our nation’s banks must submit to the Federal Deposit Insurance Corporation’s requirements of the Community Reinvestment Act (CRA). As shown in this video, Rep. Royce outlines that the CRA was a contributing factor in the housing crisis. httpv://www.youtube.com/watch?v=0E07GX5MkAE “CRA acted … Continue reading →

Posted in Editorial, Financial | Tagged , , , | Comments Off on Resistance to the Community Reinvestment Act Is Futile

The Federal Reserve’s Latest Attack on Dollar – Mortgage Bailouts

Posted on January 9, 2012 by DRenegade

The Federal Reserve is out of ammunition. Its major weapon to control the supply of money is the interest charged on borrowing. Since the interest rate has been effectively zero for several years, this option is not available. With the … Continue reading →

Posted in Civil Unrest, Editorial, Financial | Tagged , , , , , | 4 Comments

There Go the Banks

Posted on January 6, 2012 by DRenegade

We are facing one of two futures: global economic collapse or a world war. Since war would keep the politicians in power who have led us to this point, the latter option seems to be more likely. It is probable … Continue reading →

Posted in Civil Unrest, Editorial, Financial, War | Tagged , , | 1 Comment

The Consequences of the Failed Supercommittee

Posted on January 5, 2012 by DRenegade

Qualifications of the Supercommittee The expected military budget cuts necessitated by the failure of the supercommittee will be announced today (January 5th) by the president. The August debt ceiling legislation has now come home to roost with this announcement. Congress … Continue reading →

Posted in Editorial, Elections, Financial, War | Tagged , , , , | Comments Off on The Consequences of the Failed Supercommittee

Bank Runs in Iran

Posted on January 3, 2012 by DRenegade

The Iranian rial is collapsing: it has lost 63.8% in the past month. The Iranian people are waiting in line to withdraw their money from their banks and the world is watching to see how their leaders will handle this … Continue reading →

Posted in Civil Unrest, Editorial, Financial, War | Tagged , , , | Comments Off on Bank Runs in Iran

Don’t Know Who to Believe? Buy Gold

Posted on January 3, 2012 by DRenegade

Stocks in 2012: Up, up, but not away The stock market’s stomach-churning roller coaster will keep running, but unlike last year’s flat finish, Wall Street experts anticipate stocks will end 2012 on a high note. Investment strategists and money managers … Continue reading →

Posted in Editorial, Financial | Tagged , , | 4 Comments

More Confidence Building from Tim Geithner

Posted on December 28, 2011 by DRenegade

China’s Vice Premier Wang Qishan (R) and U.S. Treasury Secretary Timothy Geithner (L) try to shake hands while U.S. Secretary of State Hillary Clinton stands in the middle ahead of the opening ceremony of the China-U.S. Strategic and Economic Dialogue … Continue reading →

Posted in Editorial, Financial | Tagged , , , | Comments Off on More Confidence Building from Tim Geithner