RSS
 

Archive for the ‘Economy’ Category

Thumbs down for both Donald and Hillary

18 Jul

“In both their policies and personalities, Hillary Clinton and Donald Trump are the natural offspring of the upside-down incentives of the political plunderland that the American system has degenerated into: where governance is perverted into a regime of kleptocratic power-grabbing and the paternalistic social engineering of human relationships.”

Source: Donald and Hillary in Plunderland | Foundation for Economic Education

 

The Criminal Rip-Off Called Socialism

18 Jul

Tom DiLorenzo’s new book is published today. 

 

Source: The Criminal Rip-Off Called Socialism

 

Goodbye Lenin, Hello Bernanke

18 Jul

How will Ben be remembered?  The great statist.

“In the space of a mere eight years, the former US Federal Reserve Bank Chair Ben Bernanke has managed to achieve what Vladimir Lenin could barely conceive.”

Source: Goodbye Lenin, Hello Bernanke

 
Comments Off on Goodbye Lenin, Hello Bernanke

Posted in Business cycle, Central banks, Crony capitalism, Economy, Free markets, Interest rates

 

The One Key Indicator Pointing To A Bear Market

17 Jul

The Dow Theory has a remarkable track record.  Ignoring it could be hazardous to your wealth. 

“On Monday, the S&P 500 and Dow Jones Industrial Average made history when they closed at all-time highs for the first time in more than a year. Many investors are now expecting a modest rally to ensue, as Brexit worries fade away. But this is not a time to be greedy and jump into a buying frenzy.”

Source: The One Key Indicator Pointing To A Bear Market

 
Comments Off on The One Key Indicator Pointing To A Bear Market

Posted in Business cycle, Economy, Stock market

 

Debt is crushing the global economy

17 Jul

“Max Keiser Financial War Reports”

Source: [KR940] Keiser Report: Gold & World’s Debt Problems | Max Keiser

 
Comments Off on Debt is crushing the global economy

Posted in Business cycle, Central banks, Debt, Economy, Federal Reserve, Free markets, Gold standard, Government debt, Inflation, Interest rates, Money, Politics

 

Wild money printing

17 Jul

“One of the more preposterous deeds of modern central banking involves creating digital monetary credits from nothing and then using the faux money to purchase stocks.  If you’re unfamiliar with this erudite form of monetary policy this may sound rather fantastical.  But, in certain economies, this…”

Source: Destination Mars | Economic Prism

 
Comments Off on Wild money printing

Posted in Banks, Business cycle, Central banks, Crony capitalism, Economy, Free markets, Inflation, Politics, Stock market

 

A pessimistic perspective: war and economic turmoil

17 Jul

“On the surface, things seem pretty quiet in mid-July 2016.  The biggest news stories are about the speculation surrounding Donald Trump’s choice of running mate, the stock market in the U.S. keeps setting new all-time record highs, and the media seems completely obsessed with Taylor Swift’s love life.  But underneath the surface, it is a very different story.  As you will see below, the conditions for a “perfect storm” are coming together very rapidly, and the rest of 2016 promises to be much more chaotic than what we have seen so far. Let’s start with China.  On Tuesday, an international tribunal in the Hague ruled against China’s territorial claims in the South China Sea.  The Chinese government announced ahead of time that they do not recognize the jurisdiction of the tribunal, and they have absolutely no intention of abiding by the ruling.  In fact, China is becoming even more defiant in the aftermath of this ruling.  We aren’t hearing much about it in the U.S. media, but according…”

Source: War Is Coming And The Global Financial Situation Is A Lot Worse Than You May Think

 

Thumbs down for “maverick” Trump

16 Jul

How Trump blew his credibility by picking Pence.

Source: Dead Man Walking

 

A thumbs up for Trump

16 Jul

Illana Mercer on the Trump phenomenon.

Source: The Trump Revolution

 

Why the federal government is anti- free enterprise and anti-consumer

16 Jul

Sen. Booker is no friend of consumers. 

“A bipartisan bill was just introduced by Senators Cory Booker (D, NJ) and Mike Lee (R, UT) aimed at preventing federal programs that were…”

Source: USDA and Agribusiness Cartel Plot to Destroy a Small Business

 
Comments Off on Why the federal government is anti- free enterprise and anti-consumer

Posted in Corruption, Crony capitalism, Economy, Free markets, Politics, Regulations, Welfare state

 

New Jersey keeps getting on a bad list…and one that is off beat

15 Jul

“A new survey says N.J. has America’s most miserable town, but it’s also among the state’s 100 “kinkiest” communities. Below are both lists.”

Source: N.J. Has America’s Most Miserable Town — But It’s Among State’s 100 ‘Kinkiest,’ Surveys Say

 
Comments Off on New Jersey keeps getting on a bad list…and one that is off beat

Posted in Economy, Education, Employment, Healthcare, New Jersey, Politicians, Poverty, Welfare state

 

A recipe for conflict?

15 Jul

Do the American people want mass migration from Middle East?  The law of unintended consequences will be far reaching.

“Hillary Clinton could permanently resettle close to one million Muslim migrants during the first term of her presidency alone.”

Source: Clinton to Resettle One Million Muslim Migrants During First Term

 
Comments Off on A recipe for conflict?

Posted in Democrats, Economy, Foreign policy, Hillary Clinton, Immigration, Middle East

 

Here’s how the Fed could surprise you

15 Jul

Central banks’ manipulations are causing enormous distortions in the financial markets and the economy.  The next bubble bursting will be HUGE.

“Markets don’t believe the Fed will really raise interest rates this year, but traders may be missing something.”

Source: Here’s how the Fed could surprise you

 
Comments Off on Here’s how the Fed could surprise you

Posted in Business cycle, Central banks, Crony capitalism, Economy, Federal Reserve, Free markets, Interest rates

 

US Dollar RIP?

15 Jul

Will all the Federal Reserve’s money printing lead to big collapse?

Source: Get Ready for Dollar Destruction and the End Game

 
 

Bubbles In Bond Land——It’s A Mania!

14 Jul

Could be worse than the stock market and housing bubbles.

“Sometimes an apt juxtaposition is worth a thousand words, and one from this morning’s news is surely that. Last year Japan lost another 272,000 of its population as it marches resolutely…”

Source: Bubbles In Bond Land——It’s A Mania! | David Stockman’s Contra Corner

 
Comments Off on Bubbles In Bond Land——It’s A Mania!

Posted in Business cycle, Crony capitalism, Economy, Federal Reserve, Interest rates, Politics