Category Archives: Financial

Obama Will Never Provide A “Real Solution”

Posted on July 12, 2011 by DRenegade

Senate Minority Leader Mitch McConnell  made the following statement into the record on the floor of the US Senate today: “But after years of discussions and months of negotiations, I have little question that as long as this president is … Continue reading →

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NC LISTEN has fix for high unemployment rate

Posted on July 8, 2011 by DRenegade

Concerned Citizens and Immigration Reformers, Our unemployment rate goes up again and our politicians on both sides of the aisle offer suggestions that will have little effect in the short term. HELLO to Congress and President Obama, all of which seem … Continue reading →

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6.52%, 9.2% and 0.95%

Posted on July 8, 2011 by DRenegade

  The stock market euphoria over the past two weeks has been used by the administration and media to promote the economic recovery of the United States. In last week’s trading session, the market has increased 5.43%.  So far this week, … Continue reading →

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No Representation Without Taxation

Posted on July 7, 2011 by DRenegade

The following information from Real Clear Politics shows an approval rating of 46.8% for president Obama. This is statistically the same percentage as Americans who pay no taxes: It turns out that nearly half of all Americans don’t have to pay … Continue reading →

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Rush Limbaugh Is Right: We Have A Child President

Posted on June 29, 2011 by DRenegade

Rush Limbaugh often refers to president Obama as “the manchild”. The president oftens displays the characteristics of a child: temper tantrums, narcissism, failure to accept responsibility for his actions and the lack of sentient thought. Consider the following excerpt from … Continue reading →

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These are not the droids you’re looking for….

Posted on June 28, 2011 by DRenegade

The stock market on June 28th, 2011 is currently up 118 points due to the news that Greece will pass austerity measures and the European Union is safe. Multiple articles outline this “good news” and here is one excerpt from the … Continue reading →

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Is There Anybody Out There?

Posted on June 20, 2011 by DRenegade

Since Obama took office in January 2009, the M1 Money Supply has increased 20.8%. The data can be found at the following website for the St. Louis Federal Reserve: http://research.stlouisfed.org/fred2/data/M1SL.txt The graph of the M1 Money Stock and its definition below … Continue reading →

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Quantitative Easing 3 or Bust

Posted on June 13, 2011 by DRenegade

The New York Stock Exchange has posted losses for the last six consecutive weeks. Quantitative Easing 2 has failed and the federal reserve has no choice but to implement Quantitative Easing 3. Mr. Bernanke knows the QE 3 is only … Continue reading →

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The New York Federal Reserve Rescues the Stock Market (Again)

Posted on June 10, 2011 by DRenegade

This is another in a series of articles outlining the New York Federal Reserve Bank’s policy to stabilize (artificially prop up) the stock market using Permanent Open Market Operations (POMO). The graphic below from CNNFN.com (2:15 PM, June 10th, 2011) shows … Continue reading →

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An Alarming Trend

Posted on June 9, 2011 by DRenegade

The following snapshot from CNN-Money today shows an alarming trend over the past five days that we have not seen since October 2008. Notice the decline of the overall NYSE Dow Industrial Average at the end of each trading session: What … Continue reading →

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Unemployment News – June 9th

Posted on June 9, 2011 by DRenegade

Unemployment compensation will be drastically cut back to only 26 weeks for people who lose their jobs starting July 1. The federal unemployment extension runs out at the end of this year and it is unlikely to be renewed. Our … Continue reading →

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Crank Up the Printing Presses

Posted on June 8, 2011 by DRenegade

President Obama has pledged United States support to save Greece from the same policies that he is implementing in our country (see excerpt below). Well crank up the printing presses and collapse our economy faster. Let me see if I … Continue reading →

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Never Let a Crisis Go to Waste?

Posted on June 6, 2011 by DRenegade

As reported in an earlier article in March, state and local governments will be making permanent cuts in the public sector. The excerpt following this article from CNN is now reporting the consequences of “a record-breaking layoff binge”. Rahm Emmanuel told … Continue reading →

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Quantitative Easing 3 – The Only Other Recourse Is Economic Collapse

Posted on June 1, 2011 by DRenegade

The speculation is rampant over whether the Federal Reserve will authorize quantitative easing 3 (QE3). The following two excerpts outline both sides but one thing is certain: an economic collapse is imminent.

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The Dead Cat Has Bounced

Posted on May 28, 2011 by DRenegade

The US dollar recently strengthened after a prolonged decline but was this a dead cat bounce as previously reported? The US dollar lost 1.09% yesterday. Although this is good news for our government since it reduced our national debt, this … Continue reading →

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