Blog Archives

The Rich Are Buying Gold; What Do They Know?

gold bar

I was a bit surprised to hear that the rich are buying gold because the metal has stayed away from the highs it briefly reached in 2011 and 2012. Nevertheless, it is true: the wealthy have been gun buying up

Posted in Banks, Economy, Federal Reserve Tagged with: , ,

Marc Faber Says McDonald’s Decline Means the Economy Will Decline

stock market crash

CNBC interviewed Marc Faber recently, and he pointed to happenings with McDonald’s. Via CNBC: On Tuesday, McDonald’s reported that global same-store sales in August fell 3.7 percent in August, well short of expectations. The worst drop occurred in the Asia-Pacific

Posted in Business, Economy Tagged with: ,

Inflation is Bad for Us!

flying-cash

I still vacillate between believing people like this really are tragically blinded to reality by an abysmal education and ideology, and the thought that some in this Administration actually do want to destroy America and her place in this world. The

Posted in Economics, Economy, Federal Reserve Tagged with:

Stock Market Debt: Beware the Bear!

NYSE investor credit and the market

A picture of stock market debt is worth 1000 words—I’ll be well below that. The markets are hitting new highs. Is it because the economy is performing so well, or is there another explanation? Check out the amount of borrowed

Posted in Debt, Economy Tagged with: , ,

Green Energy Still Far Off

SONY DSC

The official version of reality is that we are running out of what we know as fossil fuels. So gas and coal are going to become more expensive so that it becomes worthwhile to get our energy from other sources,

Posted in Economics, Economy, Energy, Environment Tagged with: , ,

Fed Reports Quantitative Easing Is Working

barack obama one percent

Yeah, those mean ol’ Republicans always standing up for the rich folk! I wish we could get a Democrat in the White House so the little people could do well… wha… huh… wait! The Washington Times headline says it all:

Posted in Banks, Corruption, Economy, Federal Reserve Tagged with: , , ,

New Obamacare Tax Imposed by L.A. Restaurants on Customers

obamacare crash burn blimp

I guess the surcharge is not technically a new Obamacare tax because it is only imposed on those who patronize L.A. restaurants. But since these restaurants are trying to recoup losses imposed by Obamacare, it seems like a tax to

Posted in Business, Economy, Federal Reserve, Healthcare, Obamacare

Keynesian Economist Admits It's a Depression

KeynesianEconomics

You know things have gotten really bad when a Keynesian economist starts talking truth. UC Berkeley economics professor J. Brad DeLong, a deputy assistant U.S. Treasury secretary under President Clinton, has published an opinion piece in which he calls on

Posted in Economics, Economy, Employment, Liberalism Tagged with: , , ,

Is the Price of Butter Economic Bad News? No, but It Is Bad News for Michelle Obama

butter in coffee

It is easy to get discouraged when you see a story about the price of butter going up. With money pouring into the economy from the Federal Reserve’s “quantitative easing” program, prices get destabilized. Food and energy are especially prone

Posted in Economics, Economy, Email Featured Tagged with: , , , ,

Obamacare Success – Employed Work Fewer Hours to Keep Subsidies

Obamacare chains

I call this an Obamacare success because I can’t believe that the people who designed it were unaware of this consequence.  They chose it. We already knew that Liberals were aware of the problem because they admitted to it. They

Posted in Economy, Obamacare Tagged with: , ,

Financial Collapse? JPMorgan Wants to Scapegoat Russia

dollare airplane crash

While seeing our financial elite try to scapegoat Russia, I recall a movie about forced honesty. Remember the 1997 Jim Carrey movie “Liar, Liar,” where an attorney was “cursed” with the inability to lie for an entire day? I wish

Posted in Banks, Economy Tagged with: , , , , ,

Raise Interest Rates? You Must Be Joking!

JanetYellen

The idea that Janet Yellen would raise interest rates was nothing more than a useful deception. The Federal Reserve doesn’t want to publicly admit that they have absolutely no idea about how to help the economy other than shove interest

Posted in Banks, Economy, Federal Reserve Tagged with: ,