Many are weighing in and spinning what these protests are about. Liberal pundits slam only banks and couple Republicans to the problem, ad nauseum. Conservatives defend the banks against what they perceive as a monolithic group of liberal protestors while ignoring the banks' obvious and blatant fraud as well as ... Read More

Charles Hugh Smith, a writer over at the site Of Two Minds wrote a very interesting blog on the state of the global system, whether political, economic, social, or otherwise. He sums up our situation globally, as many others have, as one based on three fundamental things: 1) debt, 2) ... Read More

Revealing statement: "There is no better motivator than unaffordability." ... I actually had someone tell me this on Twitter in regard to reducing our need to use cars. So the thinking goes amongst environmentalists and command/control economic theory (Obama administration style): intentionally drive up the cost and drive down the ... Read More

Financial terrorism suspected in 2008 economic crash - Washington Times Many have said the term 'Financial Terrorism' was extreme to describe what happened to the economy in 2008. No more. The Pentagon confirms the reality. I agree with everything in this article about causes of the crash, and glad the government is ... Read More

The 'D' word is being uttered in the mainstream now. Despite whatever the media says concerning the 'jobless recovery' we're in (which is a complete oxymoron) or the 'summer recovery' we've begun that Obama touted as truth last month, all indicators are pointing to the fact that the US is ... Read More

It seems this message is becoming more mainstream these days. It's about time. Max Keiser is right to call this financial terrorism, especially in light of the fact that we, the tax payers, have bailed them out while everyone else is suffering from their dealings, and as a result, they ... Read More

In the words of Rahm Emanuel, "Never let a serious crisis go to waste. What I mean by that is it's an opportunity to do things you couldn't do before." Well, our President is certainly wasting no time to push through draconian climate and energy legislation, that's for sure, while millions of ... Read More

And so the contagion spreads ... first, Latvia's economy (and government) collapses not that long ago, then Greece and Portugal's ratings were cut by S&P yesterday, and now today, Spain was cut. And the question is, how much longer before we realize we're a lot closer than ... Read More

Obama Economic Advisor Larry Summers: “Everybody agrees that the recession is over." Obama Economic Advisor Christina Romer: Of course the recession isn't over. Ooops! Kudos to David Gregory for asking tough questions on the stimulus. Giving credit where credit is due. Romer's answers on everything else (beside her response on whether or not ... Read More

China has now become the biggest risk to the world economy - Ambrose Evans-Pritchard, (bracketed insertions and emphasis mine) These are headlines you won't ever read, that to me are worthy of true news alerts. "By holding the yuan to 6.83 to the dollar to boost exports, Beijing is dumping ... Read More