Category Archives: Financial

There Goes the Euro

Posted on October 14, 2011 by DRenegade

On Thursday, Fitch downgraded the creditworthiness of UK banks Lloyds and RBS, and also Switzerland’s UBS. As the banks start to fail in the European Union and the credit rating downgrades negatively impacts the ability to turn around their collective economies, the … Continue reading →

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Useful Idiots, Arab Spring Infiltrators and the Finger Thing

Posted on October 11, 2011 by DRenegade

The video below from GBTV on October 10, 2011 explains the transformation of the Occupy Wall Street in three weeks. The players involved in this transformation from around the world will be out for Saturday’s worldwide Day of Rebellion. httpv://www.youtube.com/watch?v=wkxrmD0zXlA The … Continue reading →

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The Consequences of Fundamental Transformation

Posted on October 11, 2011 by DRenegade

Germany has admitted that they will not force their country to pay for Greece’s fiscal incompetence. Lack of fiscal responsibility that is unchecked will always have consequences when real leadership emerges to address the situation. Whether Germany is just making a prudent … Continue reading →

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Anonymous Attack on Wall Street Fizzled

Posted on October 10, 2011 by DRenegade

The much anticipated (by occupiers) attack on the NYSE from Anonymous was only able to impact traffic for two minutes in today’s trading. Trading was not affected and the “war” seemed to have been only a brief skirmish. David DeGerolamo … Continue reading →

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Andrew Klavan on GBTV

Posted on October 6, 2011 by DRenegade

Andrew Klavan has joined GBTV and the following video is his first commentary. Tax the rich is the de facto mantra by the government. httpv://www.youtube.com/watch?v=fgxKsfuPAn8 Mr. Klavan calls the new jobs bills “Stimulus II”. I call it eat the rich so … Continue reading →

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Meredith Whitney – Class Warfare in America

Posted on October 6, 2011 by DRenegade

Civil unrest, social unrest and economic collapse: doom and gloom scenarios are prevalent from both sides now. The media has aligned itself with the Occupy Wall Street movement as fast as it maligned the TEA Party movement. Remember this classic exchange between … Continue reading →

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Hypocrisy, Political Corruption, Redistribution or All of the Above

Posted on October 5, 2011 by DRenegade

The latest movie from Accuracy in Media (AIM) outlines the hypocrisy of our federal government (Dick Durbin in this example). httpv://www.youtube.com/watch?v=erRBJCPSB58 The government imposes new regulations on banks. The banks pass the increased costs on to the consumer as monthly … Continue reading →

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Ben Bernanke Outlines the Current Status of Our Economy

Posted on October 4, 2011 by DRenegade

The following video is the first part of Ben Bernanke’s opening comments at a Congressional hearing of the Joint Economic Committee: httpv://www.youtube.com/watch?v=NvvSSDI0wOo His evaluation of the strains on the world’s economic markets is not hopeful. His four key objectives were … Continue reading →

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Want to Make Some Money?

Posted on October 4, 2011 by DRenegade

If history is going to repeat itself over the next week, you can make money by buying DXD and/or VIX. What do you think George Soros is doing (besides laughing)? If you cannot figure out the second analogy, just buy gold. … Continue reading →

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Representative Brad Miller at Occupy Raleigh

Posted on October 3, 2011 by DRenegade

The following video from WRAL is a report from Occupy Raleigh. Rep. Brad Miller participated in this protest to ensure that his base will see his support. httpv://www.youtube.com/watch?v=sUG0QxHMdcg The constituents of North Carolina District 13 should be ashamed of their … Continue reading →

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Latest Financial Reports from the European Union Crisis

Posted on October 2, 2011 by DRenegade

A flurry of reports on the European Union’s fiscal crisis has been released just prior to the opening of the European stock markets. The following articles detail the latest information from Switzerland, Germany Portugal and Greece. This will not be … Continue reading →

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Sticker Shock – September’s Retirement/Brokerage Statements

Posted on October 1, 2011 by DRenegade

The New York Stock Exchange lost 700 points (-6.03%) in September. Most people will only realize their loss when they receive their monthly retirement/brokerage statement. When the statements come next week, what will be the response? If history is repeating … Continue reading →

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Freedom is the right to tell people what they do not want to hear

Posted on September 30, 2011 by DRenegade

The following video shows an incident of a New York City police inspector using pepper spray on protesters without provocation. Should he be investigated and disciplined? Yes. Should MSNBC’s Lawrence O’Donnell use this incident as a wide brush against the … Continue reading →

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It’s the Looters, Stupid

Posted on September 29, 2011 by DRenegade

The Wall Street Journal has posted an article concerning the 2012 presidential elections that has more truth than the people want to hear. If the election is close, the Democrats win because they have the numbers. Although the 2010 census … Continue reading →

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Will The European Union Now Listen to the Truth?

Posted on September 28, 2011 by DRenegade

The deputy prime minister of Greece has admitted that the new taxes needed to rescue Greece from bankruptcy within two weeks are not feasible. The European Central Bank will not give Greece any additional loans without implementing a fiscally responsible … Continue reading →

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