A recent Financial Times noted that the proposed overhaul of US financial rules threatens the credit ratings of Bank of America and Citibank. Standard & Poor’s, one of the world’s top two credit...
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Posted by admin on February 15th, 2010
Category: Economic Crisis, Federal Finances, Interesting Issues, Money
Much confusion continues to reign as to whether the world’s financial system is suffering from inflation or deflation. Given the brilliance of some of the commentators on today’s financial...
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Posted by admin on May 13th, 2009
Category: Economic Crisis
“I fear this means there is mischief afoot,” Sherlock Homes would say to his associate, Doctor Watson. And, off they would go to bring criminals to justice. Where is Sherlock when we really...
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Posted by admin on April 3rd, 2009
Category: Economic Crisis
In a video interview by CNN’s John Roberts, Congressman Ron Paul condemns (in his polite, gentlemanly way) Obama’s bailout of the financial system. Further, the Congressman does not miss his...
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Posted by admin on March 10th, 2009
Category: Economic Crisis
John E. of Phoenix writes:
In approximately one month we got a sample of Obama’s change: The continuation of the Bush-Paulson give away of taxpayer money and pork programs, little of which will have...
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Posted by admin on February 22nd, 2009
Category: Economic Crisis
A recent mineweb.com article, Is gold the only salvation from this financial Armageddon?, suggests not only that gold offers a solution to the financial crisis but notes something of which many Americans...
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Posted by admin on February 18th, 2009
Category: Economic Crisis, Silver