Economy

Brace Yourselves America – 2nd Foreclosure Tsunami Coming

April 6, 2012

Make no mistake, the fallout from the housing bubble is still raining down on us. 2011 saw a slow down in housing foreclosures as banks litigated in court over robo-signing and nefarious practices. Now, in 2012, the banks are good-to-go. Mortgages in default that have been allowed to fester over the last year or so [...]

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Dead-On Chart – Congress Least Trustworthy People In US

April 3, 2012

It seems members of Congress rank as the least trustworthy people in the US. Who would have guessed? The recent results from a Gallup poll ranking professions by honesty and ethics. Enjoy…

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US Policy Makers Out Of Touch With Reality – Video #OWS

April 3, 2012

The video below was made by Tony Robbins in an attempt to dissect our national debt and the Obama Administration’s proposed budget and budget deficits. Mr. Robbins is not an economist nor does he claim to be. What he is, is a smart guy, and an American who has proven himself to care about people [...]

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Gas Prices To Rise While Home Values Fall

April 3, 2012

The Federal Reserve has just pulled one of the greatest deceptions in the history of mankind. To prove my point I will use the timeless game of Monopoly and the priceless lessons in economics it teaches. Take a moment and pretend you are playing a game of Monopoly. Pretend also that you are the banker [...]

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Here Come The Foreclosure Vultures

April 2, 2012

In the wake of any bloodletting the vultures always arrive. And in the wake of the world’s largest mortgage and real estate meltdown, Waypoint Real Estate Group has swooped in as the first vulture on the scene. Gobbling up foreclosed properties by the thousands, Waypoint is amassing an inventory of rental properties that they will [...]

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Marc Faber – 50% Wealth Destruction On Its Way

April 2, 2012

Editor of the Gloom, Boom & Doom report, famed investor Marc Faber is calling for a ‘massive wealth destruction’ to hit investors in the near term. With the stock market rallying 25% from its recent October lows and with absolutely no job growth and an anemic economy, Faber maintains a correction is inevitable. Faber notes: [...]

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Euro-Zone Unemployment At Crisis Levels #OWS

April 2, 2012

Unemployment numbers coming out of the Euro-Zone are getting downright scary. Fifty-percent of youths in Spain and Greece are unemployed. With the exception of Germany all major Euro-Zone unemployment numbers are on the rise, and rapidly. The world is witnessing a global dismantling of the middle class right before their eyes and no one seems [...]

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The Federal Reserve – A Banana Republic Run By Loan Sharks #OWS

March 28, 2012

The Federal Reserve is robbing your future and handing it over to the wealthiest people in the world. Yep, that pretty much sums up our current state of affairs. But you’ll never hear such accusations aimed at the 1% articulated from the lips of our nation’s leaders, save Ron Paul. If nothing else, the Occupy [...]

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Gas Prices and Groceries – More Evidence of Government Cover-Up

March 26, 2012

Evidence is piling up that the numbers coming out of official US Government channels regarding inflation are completely untrustworthy. A simple trip to the gas station or grocery store will tell the average American all they need to know about inflation. The only question is when the mass public will start to make the connection [...]

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Dallas Fed’s Fisher Wants To Break Up TBTF Banks #OWS

March 26, 2012

That the world’s largest banks all needed bailing out is the only evidence required to prove that theirs is a failed business model. Even Dallas Fed President Richard Fisher is now calling for the break up of the Too Big To Fail banks. Breaking up the oligarchy that has taken over this country is only [...]

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