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[19 Jul 2008 | No Comment | ]

By Greg Hunter
In April of this year former Fed Chief Paul Volcker described the problems facing the economy as the “mother of all crises.”  That was a critical and amazing statement, not just because of the implications of what was said but, more importantly, by who said it.  It almost seemed over the top at the time, but now everyday everyone from Wall Street to Main Street is wondering just how bad the economy will get and when it will bottom.  It seems every week there is a new …

Economy »

[8 Jul 2008 | No Comment | ]

By Greg Hunter
Everybody knows the date of the start of the Great Depression, October 29th 1929.  It was the day of the worst stock market crash in history.  Some people confuse the stock market crash on that fateful day as the Great Depression.  But the Depression was not a single day but an era that dragged on through the thirties and into the forties.  But the picture of what was about to happen to the lives of most Americans in the beginning was opaque at best.  At the time, the …