By Greg Hunter’s USAWatchdog.com  
From John Williams at Shadowstats
- September Annual Inflation -1.3% (CPI-U), 6.1% (SGS)
- CPI-U Inflation Spike Due by Year-End
- No Recovery: September Real Retail Sales Continued
Bottom-Bouncing at Low-Level Plateau
- 10 Years of Retail Sales Growth Gone
shadowstats.com is a paid site that is worth the money for access to real numbers!    shadowstats.com   I do not get paid for plugging this site.

By Greg Hunter’s USAWatchdog.com  
The headline on Reuters this week read, “U.S. recession over, unemployment seen at 10 percent.”  This great news is according to a new survey by the National Association for Business Economics.   Forty-four professional forecasters took part in the assay.  After four straight quarters of declines, 80 percent of them believe the economy was growing again .  I would like to know who the recession is over for because it is not over for main street America.  I would also like to know how the 44 professional forecasters were chosen.  Did …

By Greg Hunter’s USAWatchdog.com  
Everybody is wondering where all of the bailouts and spending are going to take us?  Just a few of the big companies the government has bailed out to keep them from going bankrupt are: General Motors, Chrysler, AIG, Citigroup, Bank of America, Wells Fargo, (all the big banks got some kind of bailout) Fannie Mae and Freddie Mac.  According to Pro Publica, 721 companies have received some sort of financial help from the taxpayer.  If the economy does not improve, many of these companies will require more …

By Greg Hunter’s USAWatchdog.com  
For those of you who think the economy is doing well, gold is saying something altogether different.  Today AU hit a brand new high,  the record gold price is a major warning sign of, at the very least, big inflation coming. 
 …”NEW YORK (MarketWatch) — Gold finished at a new record closing level on Tuesday, after earlier hitting a record intra-day high of $1,045 an ounce, as the dollar slumped on a report suggesting the end of dollar-based oil trading”…(For more on the story click here)

By Greg Hunter’s USAWatchdog.com  
Could a meeting between the President and a Four Star General in Copenhagen signal a turning point in the war against the Taliban?  It has been reported that the NATO Commander in Afghanistan, General Stanley McChrystal, has angered the White House with a series of candid comments about the war that has been going on for 8 years.
When asked if General McChrystal supported proposals to switch to a strategy which used more drone missile strikes and special forces against the enemy, he said it would lead to “Chaos-istan.” …

 By Greg Hunter’s USAWatchdog.com  
The President made a major misstep by going to Copenhagen to pitch the Windy City as host of the 2016 Olympics.  Barack Obama and wife Michelle  made impassionate speeches to urge the IOC to pick Chicago, Illinois, over all other cities in the world as the spot for the games in 7 years.  The U.S. was blown out in the first round of voting.  It was like Mike Tyson knocking out his opponent in the first 10 seconds of a fight.   A not even close, dismal …