Consistent declines in earnings have preceded a major market crash in both of the last two Government driven economic collapses. As you can see, recent earnings reports continue to show the same pattern of decline and the market is attempting… Read More ›
I had a different post planned for today, but my in-box this morning had an email from my buddy Clark Kent that contained an incredible…and I mean incredible article, that I had to post this morning instead. And yes, he… Read More ›
Fourth Quarter GDP for the United States showed a contraction in growth with a negative GDP of -0.1%. Third Quarter GDP was 3.1% with 3% being coined by the Liberal Media as a “recovery rate.” The Liberal Media explains away… Read More ›
As I stated in my post on June 19th, a little over six weeks ago, “…the next Great Recession locomotive that is picking up speed would never have existed, but because of The Fed, it’s on its way, running full… Read More ›
Back in late 2009, I did a post on what I felt was a bull trap in the housing market and advised buyers to wait until the bull trap had completed its cycle and look for the arrival of the… Read More ›
I never thought the day would come, but China is now a more stable and safer place to invest than here in America. Steve Wynn is an American casino resort and real-estate developer with a net worth of $1.5 billion… Read More ›
Nothing makes a recession last longer than market uncertainty. Contrary to what the government would have you believe, the “market” is fairly predictable. There are thousands of leading and lagging indicators that move in certain directions of varying amounts and can… Read More ›
The Tea Party movement is made of Democrats, Republicans, Libertarians and Independents. There is no central authority or leader, only a loose network of organizations all over the country that agree on a few simple concepts. The Tea Party takes… Read More ›
I remember learning how magicians use sleight-of-hand to keep the audience focused on one hand, while they use their other hand to perform the trick. This intentional distraction works well in magic and works wonders in politics. The recent Jobs… Read More ›
Some of the best comedies are based on characters who have become completely detached from reality. The more detached they are, the funnier it is. Farmers that have never been to the city and don’t know how to use a flush toilet, or a city… Read More ›
UPDATE 04/24/10: For perspective, Fortune magazine (April 12, 2010) reports that 870,000 people will be hired this year for the census which could reduce the unemployment rate by 0.5%. GM & Chrysler only employ 170,000 people. So if all of… Read More ›
Nothing makes a recession last longer than market uncertainty. Contrary to what the government would have you believe, the “market” is fairly predictable. There are thousands of leading and lagging indicators that move in certain directions of varying amounts and can… Read More ›
CNBC reports, “Foreclosures jumped 14 percent in December 2009 from the previous month, according to a new report from foreclosure listing Web site RealtyTrac.com. The increase came despite foreclosure suspensions during the holiday season from Citigroup, Bank of America and Fannie… Read More ›
“Government deficits have caused the U.S. savings rate to turn negative for the first time since the Great Depression…” ~Bloomberg This is a good example of why government stimulus sounds good on paper, but does little to help the economy…… Read More ›
In keeping with the government’s tradition of voting on things they don’t want us to hear much about, Congress voted on Christmas Eve (when it would be least likely to get reported in the press) to raise the debt ceiling… Read More ›
In the following video, Mark Dice asks random people on the street to sign a petition to increase our current inflation rate of about 4% to 100%, and to increase it an additional 100% over the next five years. This… Read More ›
Above is the headline from today’s MSNBC article on last weeks jobs reports. Here is the lead-in paragraph… WASHINGTON – The tally of newly laid-off workers seeking unemployment benefits fell unexpectedly for the fifth straight week, a hopeful sign that… Read More ›
I am so impressed. Even Saturday Night Live, a TV show…understands what’s happening to us better than our own government does… SNL Skit on China Visit <– Click here Let the 15 second commercial play so you can watch this… Read More ›
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