Category Archives: Financial

You Can’t Make This Up – Part II

Posted on May 19, 2011 by DRenegade

The Government Committee discussed HB 877 at the general assemby today: A BILL TO BE ENTITLED AN ACT TO PROVIDE SPACE ON THE INCOME TAX RETURN FOR INDIVIDUALS TO MAKE DONATIONS TO THE STATE OF NORTH CAROLINA FOR GOVERNMENTAL SERVICES. What appeared … Continue reading →

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If the United States Was Part of the European Union

Posted on May 17, 2011 by DRenegade

The countries which form the European Union have signed the Stability and Growth Pact (SGP) developed by the European Council at the Dublin Summit in December 1996. This agreement outlines the requirements for fiscal budgets. One of the requirements is based on … Continue reading →

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Resistance Starts Now

Posted on May 16, 2011 by DRenegade

The federal debt ceiling limit was reached today, May 16, 2011. Mr. Geithner has put in a place a plan to raid the pension of federal employees to cover the shortfall. Geithner, who has already suspended a program that helps … Continue reading →

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Step Up or Stand Up?

Posted on May 12, 2011 by DRenegade

Obama challenged businesses to “step up” and hire people to speed up the economic recovery. Here is another course of action: Let the free market loose by getting the government out of our way. No Healthcare, Cap & Trade and … Continue reading →

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The Dead Cat Bounce by the US Dollar

Posted on May 12, 2011 by DRenegade

This is a classic dead cat bounce by the US Dollar as it appears to fight desperately to avoid dropping below the much watched ‘72 level. We say fight, but the real situation is not a fight at all, it’s … Continue reading →

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US Dollar Index to Strengthen

Posted on May 7, 2011 by DRenegade

The US dollar index will add to its recent gains on Monday due to the devaluation of the Euro based on an anticipated sell-off as soon as the markets open. Germany, France and Italy are holding meetings with Greece to … Continue reading →

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Gold As Bailout Blackmail?

Posted on May 6, 2011 by DRenegade

The price of gold has dropped $80 an ounce in the past five days. Has gold lost its luster? Some quick considerations: As reported last week, government central banks were buying gold as a hedge against inflation. Banks are not … Continue reading →

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Frank Roche Explains the Dollar Index

Posted on May 5, 2011 by DRenegade

The government released data on May 5th  showing an unexpected increase in people filing for unemployment benefits. This caused the stock market to drop 100 points but due to the “bizarre correlation between equities and the dollar”, the US dollar … Continue reading →

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Almost $1 Billion to Close Banks by the FDIC

Posted on April 29, 2011 by DRenegade

The following information comes from the FDIC’s site for the week closing April 29th. The total loss to the Deposit Insurance Fund (DIF) and loss-share tranactions is $964.50 million. Information for Community Central Bank, Mount Clemens, MI The FDIC estimates that … Continue reading →

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Don’t Ask, Don’t Tell – POMO – Part II

Posted on March 16, 2011 by DRenegade

I wrote an article last November concerning the manipulation of the stock market by the Federal Reserve (see complete article below). This policy is clearly shown today in a snapshot from CNNMoney.com. The bars represent the volume of shares sold. As … Continue reading →

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Green Energy and the Joy of Social Engineering

Posted on March 8, 2011 by Hans

Where are we headed with the Federal emphasis on replacement of fossil fuel with “green” energy ? “The answer my friend, is blowing in the wind…” – just look to England and the recent statements by Lawrence Solomon, UK electricity … Continue reading →

Posted in Editorial, Education, Financial | 1 Comment

Next Phase of the Economic Attack on America: Steal the Gold

Posted on March 4, 2011 by Hans

“… I’ve already put forward a plan in two back to back posts about how gold could be returned to the hands of American people. Why not place the gold back with U.S. state governments rather than giving the first … Continue reading →

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What Happens When the Banks Close Their Doors?

Posted on February 17, 2011 by DRenegade

The following articles dealing with banks are all less than three weeks old. While we are focusing on the emergence of “Democracy” in Egypt, a global financial collapse is ignored and our stock market seems to be unstoppable even though … Continue reading →

Posted in Editorial, Financial, Uncategorized | Tagged , | 2 Comments