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Articles Archive for January 2010

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[8 Jan 2010 | One Comment | ]

 By Greg Hunter’s USAWatchdog.com 
There has been some positive financial news to start 2010.  Some auto makers reported good sales in December to end the year.  Retail sales also perked up in December, and even home sales in some areas showed a small rebound.  Does this good news mean the recession is over?  I say, not a chance.  In a large part, we saw a bounce in economic activity because of all the bailouts and spending.  Even Nobel Prize winning economist Paul Krugman is worried about a double-dip recession. 

Economy »

[6 Jan 2010 | 7 Comments | ]

By Greg Hunter’s USAWatchdog.com
Monday, I did a post called “Bank Ratings Keep Slipping Away.” My colleague across the pond, Max Keiser, sent me an email with his thoughts on the post.  Max is a former Wall Street broker turned financial journalist.  He does a couple of different financial TV and radio shows in Europe. 

Media »

[4 Jan 2010 | 8 Comments | ]

By Greg Hunter’s USAWatchdog.com 
I was checking the financial health of my local bank and discovered that it had slipped to a (C-) rating.  Not more that three years ago, this bank carried a solid (A) rating.  The ratings I am talking about come from TheStreet.com.  The top rating is (A) or “Excellent” next (B) or “Good” followed by (C) for “Fair” then (D) meaning “Weak” and finally (E) for “Very Weak.” Checking your bank is a free service provided by TheStreet.com and other sites.  I have been checking banks for …