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Category Archives: Financial
EU Tells Lawmakers Bailouts Prevented Spread of Bank Failures
Bailouts to Greece, Ireland, Portugal and Cyprus prevented disorderly default and the spread of bank runs to other countries, the European Commission said, as it defended its response to the euro-area debt crisis. The rescue programs, with commitments totaling 396 billion … Continue reading
Bitcoin: The Sexiest Non-Solution Of All Time?
by Brandon Smith A few years back, at the end of 2009, I was approached on two separate occasions by people claiming to be “representatives” of a digital alternative currency format. I was, of course, intrigued by the initial proposal, … Continue reading
Posted in Editorial, Financial
Tagged Brandon Smith
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Limbaugh: Obama ‘Is an Absolute Economic Idiot’
Rush Limbaugh Tuesday called President Obama an “Absolute Economic Idiot” at the top of his syndicated radio program. Limbaugh was referring to remarks made by the president earlier in the day at the White House in an effort to extend unemployment insurance. … Continue reading
Posted in Domestic Enemies, Editorial, Financial
2 Comments
Surprise drop in euro zone inflation shows deflation risk
Euro zone inflation fell in December after a small increase the previous month, increasing the European Central Bank’s challenge of avoiding deflation as well as supporting the bloc’s recovery. Consumer price inflation in the 17 countries then sharing the euro stood … Continue reading
A Message from Sen. Kay Hagan
We Need to Restore Emergency Unemployment Insurance for North Carolinians North Carolina is accustomed to standing out from the rest of the nation – for being the most military-friendly, for having the first public university and the best community college … Continue reading
Reid won’t rule out filibuster elimination
Senate Majority Leader Harry Reid (D-Nev.) on Sunday said he was not currently considering an elimination of the filibuster for legislation, but he warned that the country could not remain “paralyzed” by Republican obstruction. Reid and the Senate Democratic majority … Continue reading
Uncle Sam’s New Year’s Binge: Borrows $1,088 Per Household in 1 Day
Uncle Sam—AKA the federal government—went on a New Year’s Eve binge, adding a net of $125,202,709,546.99 to its total debt in just the one day of Dec. 31, 2013, according to the U.S. Treasury. That equals approximately $1,088.60 for each of … Continue reading
Posted in Domestic Enemies, Editorial, Financial
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‘The Myth of the Robber Barons’ Explained (Part 1)
httpv://www.youtube.com/watch?v=8k2PcA0e7Ek#t=1s
The Mises View: “The Usefulness of Austrian Economics” | Peter G. Klein
httpv://www.youtube.com/watch?v=za2iNGo9-VU
Posted in Editorial, Financial
Tagged Peter G. Klein
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Soaring Caracas Stock Exchange Undergoes 1000 For 1 “Stock Split”
For generating the greatest “wealth effect” and highest return of any global stock market in the world in 2013, the Caracas stock exchange, which closed the year at the ripe level of 2.7 million, is getting surprisingly little attention or … Continue reading
Four key lessons from 2013
1) Politicians believe there are no consequences for destroying our liberty… Stimulus and response. That’s the easiest way of summing this up. When politicians steal, and there are no consequences, they’re going to keep stealing. Cyprus proved this point handily. … Continue reading
Posted in Domestic Enemies, Editorial, Financial
Tagged Simon Black
Comments Off on Four key lessons from 2013
Words Cannot Express
From Dan Morgan To my readers, By now you have heard of the loss of HH6 and John’s newborn son. John has been a good friend and a brother. More importantly, he is Family. Folks, now it’s time to take … Continue reading
Economist Caution: Prepare For ‘Massive Wealth Destruction’
Take immediate steps to protect your wealth . . . NOW! That’s exactly what many well-respected economists, billionaires, and noted authors are telling you to do — experts such as Marc Faber, Peter Schiff, Donald Trump, and Robert Wiedemer. According to … Continue reading
Posted in Editorial, Financial
2 Comments

