Tag Archives: Economic Collapse

What Does August 3rd Mean to You?

Posted on July 14, 2011 by DRenegade

As president Obama is in the midst of bitter partisan negotiations to raise the government’s debt ceiling yet again, the country is waiting to see what the August 2nd deadline will bring. If the crisis is not resolved by the … Continue reading →

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Pass The Ball Becomes Pass the Buck

Posted on July 12, 2011 by DRenegade

What a difference two years makes for Cisco. Consider the following announcement from the president concerning Cisco and new job opportunities. Then read the press release from Cisco announcing their new jobs training program. httpv://www.youtube.com/watch?v=g1QAcCVIvHs How Can Technology Help Upgrade … Continue reading →

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Will PIIGS Fly in the United States?

Posted on July 7, 2011 by DRenegade

The European Union’s economic collapse unfolding in Portugal, Iceland, Ireland, Greece and Spain (PIIGS) has both a positive and negative impact on the United States. As conditions deteriorate in Europe, investors are fleeing to the perceived safety of the American … Continue reading →

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It’s Just a Fantasy – Just Ask the Animal Spirits

Posted on June 22, 2011 by DRenegade

The following two graphs from CNNFN.com show a clear delineation between fantasy and reality. The first graph shows the stock market results for the past five days up through noon on June 22, 2011. Every day the market rose based … 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 →

Posted in Editorial, Financial | Tagged , , , | 3 Comments

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 →

Posted in Editorial, Financial | Tagged , , , | 1 Comment

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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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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We The People?

Posted on April 25, 2011 by DRenegade

I attended the Raleigh Tea Party on April 15th, 2011 which had Jason Lewis as the headline speaker. Triangle Conservatives Unite did an excellent job sponsoring this event which had perfect weather. By my estimate, there were about 600 people … Continue reading →

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Get Ready to Pay for the Federal Reserve’s Mistakes

Posted on March 31, 2011 by DRenegade

The following article from the Wall Street Journal outlines a serious threat to the stability of our economy that cannot be avoided. The Federal Reserve’s policies have kept our economy and stock market artificially stimulated with POMO and low interest … Continue reading →

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Will You Fight or Destroy Your Country?

Posted on March 22, 2011 by DRenegade

Glenn Beck played an audio from a coalition meeting to destroy US Capitalism, collapse the stock market and bankrupt JP Morgan bank. httpv://www.youtube.com/watch?v=RvlvejSxBVQ

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Glen Bradley Makes the Drudge Report

Posted on March 20, 2011 by DRenegade

The News & Observer’s article on Glen Bradley new legislation concerning gold and silver currency is currently on DrudgeReport.com: RALEIGH — Cautioning that the federal dollars in your wallet could soon be little more than green paper backed by broken … Continue reading →

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