Posted on 05 April 2009. Tags: agriculture, American Recovery and Reinvestment Act, Antarctica, asset bubbles, balance sheet, barack obama, Big Brother, Bill of Rights, bond maturity, bonds, budget deficit, bureaucracy, cap and trade, capital expenditures, capitalism, commodities, congress, Constitution, consumer spending, courts, currency, cut spending, DBA, DBC, debt, deflation, democracy, dependence, diversification, dividends, dollar, DOW, Economics, elections, electricity costs, energy, equities, Fannie Mae, federal reserve, federal spending, financial industry, financial regulations, fiscal policy, fixed rate debt, FNM, FRE, Freddie Mac, free enterprise, free society, GLD, gold, GSG, Health Care, hedge, housing boom, housing bust, housing is a right, inflation, interest rates, international, Investing, irrational exuberance, join a militia, junk loans, labor laws, labor market, laws, leverage, life savings, Medicaid, Medicare, military, militia, monetary policy, money supply, mortgage, nanny state, NASDAQ, national debt, natural gas, oil, police state, Politics, portfolio, portfolio management, precious metals, President Obama, public debt, quantitative easing, question assumptions, Real Estate, regulate carbon emissions, regulations, retained earnings, right to bear arms, Rob Viglione, rolling dice, S&P500, savings rate, second amendment, short stocks, short the market, short-term debt, silver, SLV, social security, socialism, stagflation, stimulus, stock market, subprime debt, TARP, Tim Geithner, TIP, Treasury, treasury inflation protected securities, trust government, union, USD, USO, velocity of money, welfare, WIP, yields
We are moving closer towards a political economy every day. Every dollar borrowed, taxed, printed, and spent by government really comes from the private sector. Trillions of dollars of national resources are being allocated by politicians and bureaucrats towards things they claim will benefit our economy. Congress just passed a $3.6 trillion budget ($1.2 trillion in deficit), and combined the Federal Reserve and Treasury have dumped $13 trillion into the economy in the last 16 months. What we must all ask ourselves right now is whether or not we trust government with our money? Continue Reading
Posted in Economics, Investing, Politics
Posted on 03 April 2009. Tags: accountability, Ahmad Tanveer, AIG, alternative economic data, america, American International Group, bail out the people, barack obama, Ben Bernanke, Big Brother, big businesses, bipartisanship, BLS, bonds, bonuses, bottomless pit, budge deficit, budget plan, Bureau of Labor Statistis, bureaucratic, capitalism must end, cato institute, chanting and drumming, collectivism, concentration camps, congress, debt, democrats, Department of Homeland Security, depression, detain immigrants, detention centers, developing world, development, development economics, DHS, economic systems, Economics, Economists' Adventures and misadventures in the tropics, employment obligations, end of American Empire, fair trade, Fannie Mae, fascism, federal reserve, financial regulations, fiscal year, FNM, FRE, Fredd Mac, free enterprise, free trade, G20, Georgia, global New Deal, Global Socialism, globalization, Goldman Sachs, Gordon Brown, Group of 20, harassed by government, Harry Reid, House of Representatives, Hugo Chavez, IMF, immigrant deaths, immigration, Immigration and Customs Enforcement, ineffective, inherited mistakes, insurance, international aid organizations, International Monetary Fund, London, mortgage giants, mortgage market, Nancy Pelosi, new york protest, New York University, New Yorker, NYU, Office of Federal Housing Enterprise Oversight, Pakistani, Pax Americana, Politics, poor countries, President Obama, prisons, protectionism, quadrillion, real unemployment, recession, republicans, retention bonuses, Rob Viglione, Russia, secondary market, Senate, ShadowStats, socialism, spending bill, statistics, stimulus spending, summit, The Elusive Quest for Growth, The White Man's Burden, third world, Tim Geithner, trade credits, treasuries, trillion, troop withdrawals, unemployment, united states, unprecedented spending, utopia, Utopian aid plans, Venezuela, wasteful, why doesn't aid work, Why the West's Efforts to aid the rest have done so much ill and so little good, William Easterly, World Bank, world leaders
Government detention camps cover up deaths-does America have a human rights problem? Congress passes unprecedented $3.6 trillion budget with $1.2 trillion deficit, official unemployment rates his 8.5%-some economists claiming they are really upwards of 20%, government mortgage giants Fannie and Freddie to pay $159 billion in new bonuses, Obama calls end to ‘Pax Americana’, world leaders pledge $1.1 trillion to IMF, Russia refuses to remove troops from Georgia, NY protesters call for government to ‘Bail out the People’, Hugo Chavez declares that ‘Capitalism must end,’ and Treasuries drop with announcement of next week’s $59 billion note issue and Goldman Sachs estimate that government will need to borrow another $3.25 trillion this year… Continue Reading
Posted in Featured, Freedom Under Fire, Uncategorized
Posted on 02 April 2009. Tags: Alan Grayson, anti-capitalist, bailouts, barack obama, Britain, budget deficit, capitalism, corporate bonuses, death tax, democrat, Economics, empire, estate tax, executive pay, federal budget, financial crisis, financial regulations, financial regulators, fiscal policy, free enterprise, free trade, freedom, G20, George W. Bush, home prices, house, House of Representatives, housing, Hugo Chavez, Investing, liberty, London, money, president, president bush, President Obama, Real Estate, Rob Viglione, taxpayer money, Tim Geithner, Treasury Department, U.S. empire, UK, united kingdom, Venezuela, violence
Anti-Capitalist protests turn violent in London, Venezuela’s Chavez accuses U.S. of acting like an ‘empire’, House passes bill to allow corporate bonuses, Obama brings back the ‘death tax’, and U.K. home prices rise for first time since 2007… Continue Reading
Posted in Featured, Freedom Under Fire
