Our Debt Is More Than All the Money in the World (Hat Tip: Brian B.)
CBO Predicts U.S. Debt Crisis If Deficits Are Not Controlled (Hat Tip: Brian B.)
Thomas Edison, You’re Under Arrest (Hat Tip: Brian B.)
Boehner Bends on Extending Bush Tax Cuts
Top Obama Official: Record Unemployment Not Coming Down Anytime Soon
Poverty Skyrockets Under Obama – People Too Poor to Bury Their Dead Worst. President. Ever.
SEIUs Anna Burger to Retire
Thanks Barack… US Debt Is More Than All Money In the World
Poverty on track to post record gain under Obama
Outlook Gloomy at Secret Billionaire Meeting
GOVERNMENT MOTORS CEO GETS $9 MILLION PAY PACKAGE
‘Unpaid pay czar’ got 6-figure salary
Obama’s Econ Chief: Big Earner Tax Cuts Too Pricey
U.S. Backs $1B Loan For Mexico Oil Drilling
Rosenberg: Here Are 13 Signs That We’re Actually in a Depression Right Now.
Michael Burry is Long Farmable Land, and Agrees With Paulson on Gold (But Not the Other “Recovery” Themes).
Americans Saving More as Debt, Job Worries Mount.
“I Want Your Money” Official HD Movie Trailer.
Celente: Market Self-Deception Continues on the Flimsiest of Excuses
Fed Banks: ‘Widespread Signs of Deceleration’ in Economy
Obama Added More to National Debt in First 19 Months than all Presidents from Washington to Reagan
US Loses Ground in Competitiveness Report
Consumer Credit in US Fell $3.6 Billion in July, Fed Says
OECD Cuts Global Economic Growth Forecasts
Debts Build Ugly Stress Between Parents, Kids
After a two week interlude (including a Holiday weekend), the FDIC Friday Follies have resumed, with the announced closure of Horizon Bank, Bradenton, Florida.
Treasurys Tumble Following Weak 30-Year Sale. The rate of return on Treasury paper are bound to rise, and that will push up prevailing interest rates, and that in turn will further slow the economy, including home sales. We are poised to enter a death spiral, folks. Watch interest rates and the US Dollar Index (USDI) closely! If rates spike or the USDI drops below 72, consider those big red flags!
Dollar struggles, hovers near 15-year low versus yen.
Fears rise as EU nations aim to raise borrowing
So Broke We Can’t Pay Attention
Obama’s Economic Plan Not a Hit With Economists
Greek Prime Minister Shuffles Cabinet as New Economic Fears Loom
Dr. Gary North: Federal Reserve’s Digital Bullets Kept an Reserve to Fight Inflation Hedging Mentality
Darryl Schoon: Gold, and the Future Way Through Economic Collapse
Today’s Most Important Price Points in Gold Update
Trade Deficit Narrows to $42.8 Billion in July
Grocery Shrink Ray Minimizes My Brownies
Getting ready for more inflation? One can only wonder why the US Postal Service now requires SDR valuation calculations for insured international shipments.