Things categorized as 'Economy'
Bev's Holsters
I Feel A Recovery Coming On!
• School teachers and state employees being laid off en masse, private businesses still firing people at stunning rates, dollar strengthening compared to our export market in Europe, US Gulf coast ...
“This time is different”
• The forgotten lessons of 2008 The four most dangerous words in investing are, “This time is different.” In this spirit, we highlight the lessons that ...
There is No Housing Bubble in Canada
• The original Crack Shack or Mansion game. The game features real Vancouver real estate listings, as of April 10th, 2010. Can you tell the difference between a crack shack and ...
What’s the Difference between a Million, Billion, and a Trillion?
• See if you can wrap your head around this: One Million seconds equals about 12 days. One Billion seconds equals about 31 years. One Trillion seconds equals about 31,000 years.
CNBC’s Disingenuous View of Commodities
• CNBC: "You see sir, I am a huge fan of yours, but I have a real difficulty here that I'd like you to help me out with. If I'm ...
China Crushes our Mythical Domestic Green Jobs
• President Barack Obama is spending $2.1 million to help Suntech Power Holdings Co. build a solar- panel plant in Arizona. It will hire 70 Americans to assemble components made by ...
National Vehicle History Database Goes Live
• With the amount flood damaged and ex-wrecked and ex-junked cars and trucks out there in the market, this is a good thing: A national database that allows consumers to view ...Washington is Wall Street. Wall Street is Washington.
• It's amazing how Washington D.C. gives the chosen few on Wall Street unlimited funds - paid by the American Taxpayer. Where is the change?
Does It Take A Panel of Financial Experts?
• CNBC reports that a panel of experts have stated that: "The United States must soon raise taxes or cut government spending to curb its debt, and failure to act will risk ...
A Bolivar of Broken Dreams
3 Hugo Chavez rolls up his pants, takes off his shoes, and runs helter skelter into the surf of failure. In case you haven't heard, Chavez has devalued the Venezuelan Bolivar by ...
Here We Go Again – Unexpectedly, unexpectedly
• You may recall my previous post on how I was getting so sick and tired of our Mainstream Media and our White House Leadership feigning “surprise” over and over ...Bernanke Not Fit to Forecast
• Calling the recent financial crisis possibly the “worst in modern history,” Federal Reserve Chairman Ben Bernanke said Sunday that tighter regulation and not interest rate hikes could have prevented the ...
North Dakota Banking System: Follow Success
• Didn't Mom always tell you to watch what successful people do? Didn't Dad always tell you to observe how successful companies operated? When it comes to success in banking and success ...
Obama’s Change: 20 million collect unemployment checks in ‘09
• A record 20 million-plus people collected unemployment benefits at some point in 2009, a year that ended with the jobless rate at 10 percent. (Of course, this government jobless rate ...
The End is Near for the San Francisco Chronicle
3 My dad canceled his subscription this week. My father was born during the Depression Years. He is the type of customer that every newsroom editor in the country loved and ...
Economic Forecasting through a Trucker’s Windshield
% American Preppers Network posted an interesting article describing a valid and unique perspective: "As a driver myself, I can see a cross section of the entire economy right from ...
Peak Oil to Hit in 2020?
% The debate continues. Watch as Dr. Richard Pike and Dr. Robert Hirsch trade ideas over when demand for oil will peak.Detroit Sucks! But why?
% I agree with this filmmaker - BUT - he's only explaining part of the story. Let's not forget (as I've written about before) the devastating effect that "free trade" (via ...
Shadow Inventory of Homes Ready to Hit Market
% It seems that a supply of 1.7 million foreclosed homes are headed for sale at a neighborhood near you. Why are all of these bank owned homes off the market? Current moratoriums ...
20 Things That Definitely Won’t Happen in 2010
• Joshua Brown amusingly states: "You MF's and your prediction lists have driven me to this... Here are my 20 Unpredictions for 2010, a list of things that ain't gonna happen next ...
The Coming Shortage of Metals?
• There's been a a lot of discussion lately about so-called peak gold. But as gold's fans will tell you gold isn't a commodity, it's a form of money. Gold isn't actually ...
Your State’s Unemployment Fund Probably Broke
• The WashingtonPost just reported that 40 state programs are being emptied by the jobless tsunami within two years. Currently, 25 states have run out of unemployment money and have borrowed $24 ...Buy and Support American Products
2 I don't shop at Wal-Mart anymore. I just can't bring myself to do it. Everything about the store gives me the creeps. The smell, the parking lot full of oil ...
China Sends U.S. Treasuries a Christmas Note
• Shanghai Daily reported today that it is getting harder for governments to buy United States Treasuries because the US's shrinking current-account gap is reducing supply of dollars overseas. Extra Christmas ...The Dollar Bubble
2 The Dollar Bubble starring Peter Schiff, Ron Paul, Marc Faber, Gerald Celente, Jim Rogers, and others. Prepare now for the U.S. dollar collapse.
Welcome to the Federal Territory of California
• A new report estimates that California officials will face a budget gap of nearly $21 billion over the next year and a half. Not only is there no light at the ...Real Estate Deal of the Day: 80,000 Seat Stadium for under $600,000
• Do we need a better sign of the times? The Silverdome -- a gigantic stadium that used to house the Detroit Lions and Pistons -- just sold for less than the ...Gerald Celente: Terror Strikes Probable by 2010
• Gerald Celente and Minnesota Governor Tim Pawlenty discuss trends on Good Morning Minnesota on November 13, 2009. Mr. Celente stated that he was looking for terror strikes to become ...93,400 Jobs Not Really Created or Saved
• Some mornings, I wonder if we have a real government or just an illusionary government being run by 10 year olds jacked up on Red Bull and Read More →
COLLAPSE: It Will Be Nothing Like We Have Ever Seen Before
% It’s Not That Bernie Madoff Was a Pyramid Scheme - The Whole Economy is a Pyramid Scheme.’ -Michael Rupert Collapse: The Movie Website
Energy Inflation Ready to Pounce?
• In case you missed the exciting release of the Producer Price Index today: “The Producer Price Index for Finished Goods advanced 1.7 percent in August, seasonally adjusted, ...
Truth about the Federal Reserve will destroy economy?
% File this under: Too big to fail. & You've Got To Be Kidding. Reminds me of: The Three Little Pigs. From Reuters: Fed urges secrecy on banks ...