Category Archives: Financial

Cavuto: Mr. President, Your Health Care Law Is The Problem

More… h/t Roger K

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ALERT: THE SHUTDOWN HAS CLOSED THIS IMPORTANT MARKET REGULATOR – AND IT COULD PROVE TO BE SERIOUS

Congress’ inability to come to an agreement on a short-term spending bill caused the U.S. government to shut down Tuesday, forcing it to close, among other things, the U.S. Commodity Futures Trading Commission (CFTC). This could be a serious problem. … Continue reading

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Obamacare: Is It A Divide-And-Conquer Distraction?

In March of 2010, Barack Obama signed the Affordable Care Act (otherwise known as “Obamacare”) into law amid a host of economic uncertainties and unwanted Federal Reserve bailouts. Two years before, Washington had confirmed the passage of Troubled Asset Relief … Continue reading

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Sundown In America

David Stockman, author of The Great Deformation, summarizes the last quarter century thus: What has been growing is the wealth of the rich, the remit of the state, the girth of Wall Street, the debt burden of the people, the prosperity of … Continue reading

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Boehner: This Isn’t Some Damn Game!

httpv://www.youtube.com/watch?v=AG3YqwcB0Tw What a hypocrite! “Bring fairness to the American people under Obamacare” I guess that means that Congress is not part of the American people since we all now know that he was secretly negotiating with Harry Reid to keep … Continue reading

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Silk Road Died, Bitcoin Crashed. So why am I so happy?

By Paul Rosenberg, FreemansPerspective.com You may have heard that Silk Road – the truly free online market – was taken down today, by the FBI. In response, the price of Bitcoin crashed 24%. Yet here I am – just a … Continue reading

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Everything you wanted to know about precious metals but were afraid to ask

As the Federal Reserve Bank continues to print $85 Billion each month, sensible people are concerned about how it will affect their personal wealth. The entity that spends each worthless paper dollar first, be it the federal government or a … Continue reading

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US Banks Preparing for Bank Runs

Bank runs in the United States? Who would have thought it? David DeGerolamo US Banks Stuffing ATMs With 20-30% More Cash In Case Of Panicked Withdrawals Even as the fearmongering over the debt ceiling hits proportions not seen since 2011 … Continue reading

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Debt ceiling: Countdown to default

Congress is sowing the seeds of a debt ceiling crisis: If lawmakers don’t raise the limit on federal borrowing soon, they will put the nation at risk of defaulting on some of its legal obligations. When exactly? Much has been … Continue reading

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David Buckner explains why the U.S. could be on a collision course for a Weimar Republic-style collapse

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Government Shutdown? 36 Facts Which Prove That Almost Everything Is Still Running

All of this whining and crying about a “government shutdown” is a total joke.  You see, there really is very little reason why this “government shutdown” cannot continue indefinitely because almost everything is still running.  63 percent of all federal … Continue reading

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US Federal Deficit/Debt Details

by Frank Roche submitted by Dee Sams 2012 total federal government spending: $3.54 trillion  2012 total federal government revenues: $2.45 trillion  2012 federal budget deficit: $1.1 trillion  2012 mandatory spending $2.24 trillion  Mandatory spending plus net interest on the national … Continue reading

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Wall Street Should Be Prepared – And So Should You

In an interview with CNBC’s John Harwood, Obama once again shows why the polarization in Congress is at record levels. In a brief: he said he is “exasperated”, and that the shutdown is “entirely unnecessary” but adds that he is (finally?) … Continue reading

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Stock Market Manipulations – Again

The market closed down 58.56 today on low volume of 86,093,667 shares. 32% of the volume was done in the last five minutes of the trading session. After the close of the market, futures were down another 91 points. Do … Continue reading

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Evidence: Stock Market Crash is Coming

httpv://www.youtube.com/watch?v=eMRfDv8v-UM#t=1s

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