The first video is an educational 9′ 50″ video on how The Fed is creating the inflation that is raising gas prices, food prices and will ultimately lead to the demise of the dollar. The second video is a fictional… Read More ›
Economy
Obama & Bush Stimulus “Destroyed or Lost” Not “Created or Saved” More Than 3 Million Jobs
First there was Bush, running out there in front on his way out shoving a stimulus bill down on us. Then came Obama for more of the same. Do you remember when Obama tried to sell us on the stimulus… Read More ›
Democrats & Obama block efforts to reduce our deficit from $1.5 Trillion to $1.44 Trillion. Who cares!? How about $0 Trillion in debt!?
I try really hard to keep this blog “G” rated everyday, but some days are harder than others. Our deficit is $1.5 Trillion dollars for the year. Our national debt is $14 Trillion. Notice there is a difference between the… Read More ›
The Federal Government Ponzi Scheme in a nutshell. Economic collapse certainly possible.
The Ponzi Scheme. Bernie Madoff points out the fact that our government is running the best one ever. According to Wikipedia, “A Ponzi scheme is a fraudulent investment operation that pays returns to separate investors, not from any actual profit… Read More ›
2011 Economic Report: $5 gas, no jobs, no growth, more recession, falling home prices…and now, brace yourself for runaway inflation.
Sorry for the long post but I can’t explain it any shorter and I don’t want to break it into pieces…that said, this is important. It is the canary in the coal mine. On The Peter Schiff Show last week,… Read More ›
Obama claims Unicorns do exist! They must have wrote his budget plan.
Obama claims that his recent budget proposal will make it, “so that every American is equipped to compete with any worker anywhere in the world.” That requires economic growth and prosperity which is everything Obama’s ridiculous budget does not do…. Read More ›
Incredible Visualization Video of 200 Years of Progress
If you can hang in for the first 30 seconds, this video shows the advancement of 200 countries over 200 years from poor and sick towards rich and healthy…
“House price declines actually accelerating…”
So the Fed has lowered interest rates to rock bottom, at 3.75%. The government has been a bank for several months, making 90% of mortgage loans to anyone with a pulse, following the same doomed playbook the sub-prime lenders followed…. Read More ›
What Caused Our Economic Collapse in a Nutshell
Update March 13, 2013 – if you like this post, I also recommend reading my post, How to Destroy America in Ten Easy Steps. The fact is, the entire housing bubble and the economic collapse were caused entirely by our… Read More ›
My Prediction on Bush Tax Cut Expiration
Former President Bush enacted tax cuts for all income brackets ten years ago. Because the Democrats had control of Congress and did not want the tax cuts, Bush was forced to use the reconciliation process which requires fewer votes to… Read More ›
“I’d be disappointed if things suddenly started going our way, because it wouldn’t be funny anymore.”
An old friend of mine and I were backpacking in Sequoia National Park many (too many) years ago and through a series of things that went wrong, we found ourselves in trouble. When it was all over and the resulting… Read More ›
Democrats Bold-Faced Lie About Bush Tax Cuts Expiration
Democrat Majority Leader Caught In Outright Lie Democrats must be assuming you and I are too stupid to figure this one out. This is unbelievable. What’s next, the sky isn’t blue? Back in 2001, George Bush proposed and enacted a… Read More ›
United States Demographics – Key Graphics & Comments
The following images are from Wikipedia. I thought it would be interesting for some readers to see what the demographics of the United States look like and to point out a couple key facts. The first image is the breakout… Read More ›
Obama’s Financial Reform Bill A Stunning Success
Obama is expected to sign the reform bill next week. Please consider the following from Mish’s Global Economic Trend Analysis… To fully appreciate how amazingly good this piece of legislation was, we must look at the pluses (what the bill… Read More ›
Monetary System Collapse
From The Market Ticker
An Economic Recovery Driven By Foreclosures? Interesting idea…
In roaming through my research sites, a fascinating possibility was offered up to account for the “green shoots” and “economic recovery” that we have heard so much about lately. The theory starts with the millions of foreclosures in the United… Read More ›
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