How a Crashing Dollar Hides Trends

Many Americans have a hard time wrapping their mind around a declining currency or the hidden tax that is inflation.  The U.S. Treasury and Federal Reserve understands this and for decades has exploited this issue to slowly siphon off the buying power of the U.S. dollar. Continue reading

Dow Target 6,617, October 25, 2009: Here Is Why

History may not repeat itself, but it does rhyme. I have been in the camp that this is a bear market rally. That is what I thought we would be getting in March. I’m also in the camp that because of the need to deleverage debt in most of the developed world, we will likely be heading into a global economic depression and perhaps at worse case, a collapse in the banking system. Continue reading

Video: DHS Video Portrays Average Americans As Terrorists

Owning gold or firearms, donating to charity, finding out information about things all constitute suspicious activity to be reported to the authorities Continue reading

On anniversary, stock market closes at exact 9/11 level

Eerie coincidence or coded Wall Street tribute?
FDR famously said, “In politics, nothing happens by accident. If it happens, you can bet it was planned that way.

Whether or not that mantra extends to business, everyday life or the ‘free’ market is up for debate, and perhaps subject to one’s personal convictions. Continue reading

US job cuts, foreclosures mount

This week brought new indications that any economic “recovery” in the US will not be shared by the working class. Telecommunications giant Verizon announced that it would eliminate 8,000 jobs by the end of the year, new data showed that the foreclosure crisis is continuing to mount, and weekly initial jobless benefit claims rose. Continue reading

Global temperatures ‘have plunged .74°F since Gore released ‘An Inconvenient Truth’

The latest global averaged satellite temperature data for June 2009 reveals yet another drop in the Earth’s temperature. This latest drop in global temperatures means despite his dire warnings, the Earth has cooled .74°F since former Vice President Al Gore released “An Inconvenient Truth” in 2006. Continue reading