Category Archives: Financial

North Carolina Family Upset With Obama For Breaking His Keep Your Plan Promise

httpv://www.youtube.com/watch?v=6FTFInfnVZA Good luck to them if they expect the Democrats/Republicans to repeal tyranny. David DeGerolamo

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Americans’ Participation in Labor Force Hits 35-Year Low

The percentage of American civilians 16 or older who have a job or are actively seeking one dropped to a 35-year low in October, according to the Bureau of Labor Statistics. In September, the labor force participation rate was 63.2 … Continue reading

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Former Fed Quantitative Easer Confesses; Apologizes: “I Can Only Say: I’m Sorry, America”

By Andrew Huszar, a senior fellow at Rutgers Business School, is a former Morgan Stanley managing director. In 2009-10, he managed the Federal Reserve’s $1.25 trillion agency mortgage-backed security purchase program. Confessions of a Quantitative Easer We went on a … Continue reading

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Marc Faber: “It Will End Badly… We’re In A Worse Position Than 2008”

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Comprehend the Consequences

Record Levels of Currency Reserves Will Hit Hard When the US federal government was shutdown, China jumped in on the financial bandwagon and suggested that we build ‘a de-Americanized world’, which boils down to getting rid of the dollar as … Continue reading

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Rocky Start For North Carolina Health Care Exchanges

North Carolina’s largest insurer is having its share of problems with the Obamacare website. Internal emails obtained by WNCN-TV show that Blue Cross Blue Shield show that only 1,000 people had filled out applications as of October 15th. In fact, only one person … Continue reading

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91,541,000 Americans Not in Labor Force Climbs to Another Record in October

The number of Americans who are 16 years or older and who have decided not to participate in the nation’s labor force has climbed to a record 91,541,000 in October, according to data released Friday by the Bureau of Labor Statistics. The … Continue reading

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Retail, Hotel And Temp Workers Account For Half Of All October Job Gains

Following the quantity breakdown of jobs in the month which saw the third biggest jump in people not in the labor force in history and a loss of over 600,000 full-time workers (don’t ask how this is possible – not … Continue reading

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October Payrolls Soar By 204,000, Nearly Double Expected Print; Unemployment Rate Rises To 7.3%

So much for all the fire and brimstone associated with the government shutdown. October nonfarm payrolls soar +204,000, nearly double the 120,000 expected. Unemployment rate at 7.3%, up from 7.2%. And just like that, the “Taper talk” is back… From the … Continue reading

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How China Can Cause The Death Of The Dollar And The Entire U.S. Financial System

I strongly suggest you read this entire article. David DeGerolamo The death of the dollar is coming, and it will probably be China that pulls the trigger.  What you are about to read is understood by only a very small … Continue reading

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David Stockman Blasts, Brace For “The Explosion Of The Mother Of All Bubbles”

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Obama apologizes for saying people could keep health plans

President Obama on Thursday apologized to Americans who are losing their health care coverage despite his promise that if individuals liked their plans, they could keep them under ObamaCare. “I am sorry that they are finding themselves in this situation … Continue reading

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Fox Business vs. Zerohedge Concerning the GDP Increase

U.S. Economy Expands at 2.8% Pace in 3Q – Fox Business The U.S. economy grew faster than expected in the third quarter as businesses restocked shelves, but a slowdown in consumer and business spending pointed to an underlying weakness. Gross domestic … Continue reading

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In Stunning Move, ECB Cuts Rates By 25 bps, Euro Plunges

Perhaps it is not surprising that with the absolute majority of economists and strategists, or 67 of 70, predicting no rate cut by the ECB, this is exactly what the ECB just did, when in a stunning move it cut rates … Continue reading

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Steve Quayle – The Collapse and Precious Metals

httpv://www.youtube.com/watch?v=kol6kwN6Ifw From YouTube: Steve Quayle discusses the current collapse, the coming wars on freedom and humanity, and how important owning physical metals is in today’s volatile economy.

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