Posts Tagged ‘debt’
Gold 2008! JP Morgan Fixes Prices and the Saudis Snag »
Wow! The Saudis got a bargain! Gold was down 30% right when it came time for them to start diversifying their oil portfolios. Obama had just been elected signalling the rise of the nuclear power and alternative energy industries in the US. The banks had collapsed. Mortgages were in default. Carlyle’s investment group was in debt. The U.S. dollar [...]
Americas middle class is almost gone! »
By Marcus Salek, Prague The American middle class is on the verge of disappearing The negative consequences of the United States corporations moving most of their manufacturing plants to China is now being felt. This coupled with the current financial crisis, where the US government paid off the American Banks gambling debt, was the [...]
We Can’t Spend Our Way to Recovery »
Heritage FoundationWhen President Barack Obama was selling his economic stimulus plan to the American people, he promised that, if enacted, the legislation would prevent unemployment from rising above 8%. $3 billion in Cash for Clunkers bailouts, $10 billion in government union bailouts, $16 billion in Medicaid bailouts, $13 billion in home [...]
EC-Take heed! !The Ecstasy of Empire »
Paul Craig RobertsInfowars.comThe United States is running out of time to get its budget and trade deficits under control. Despite the urgency of the situation, 2010 has been wasted in hype about a non-existent recovery. As recently as August 2 Treasury Secretary Timothy F. Geithner penned a New York Times column, “Welcome to the Recovery.” [...]
China says bye bye to Zionist War machine money »
SEOUL, South Korea -- China more than doubled South Korean debt holdings this year, spurring the notes' longest rally in more than three years, as policy makers shifted part of the world's largest foreign-exchange reserves out of dollars. Korean Treasury bonds held by Chinese investors rose 111 percent to 3.99 trillion won ($3.4 billion) in the [...]
Will Quantitative Easing By The Federal Reserve »
Prior to the financial crisis of 2007 and 2008, the Federal Reserve could always count on being able to stimulate the U.S. economy with a quick cut to interest rates. But now with interest rates just barely above zero, the Federal Reserve is searching for other ways to pump life into a U.S. economy that is staggering about like a drunken college [...]
Using Local Organic Cooperatives to Defeat Globalists »
Okay, you're awake, back among the human tribe. Now what? You are not alone in wondering what is the best way to fight the globalists. There is a vastly growing human tribe that understands your frustration of feeling like a helpless fly caught in an inescapable spider web. It can seem defeating the more we learn about the criminal nature of the [...]
Theory and Reality in the age of Obama, Or, how what »
Roger Kimball"Which set is right? Yesterday in this space , reflecting on Obama’s enthusiastic commendation of Ramadan and all things Muslim, I wrote that Obama is historically unprecedented as an American President. What I had in mind was his apparent equivocation about the nation he was elected to lead. As many commentators have observed, [...]
The stunning decline of Barack Obama: 10 key reasons »
Nile Gardiner The last few weeks have been a nightmare for President Obama, in a summer of discontent in the United States which has deeply unsettled the ruling liberal elites, so much so that even the Left has begun to turn against the White House. While the anti-establishment Tea Party movement has gained significant ground and is now a rising [...]
National debt, budget deficit exploding; Treasury »
Mark TapscottEditorial Page EditorWell, I certainly felt more confident and hopeful about America’s financial future after reading this online news release from the U.S. Treasury Department. How about you?Treasury Department Statement Marking the Beginning of Ramadan August 11, 2010TG-824Treasury Department Statement Marking the Beginning of [...]
