Monthly Archive: April 2010

Latest Posts

Nouriel Roubini Talks Doom Again

By Greg Hunter’s USAWatchdog.com  They call NYU economics professor Nouriel Roubini–”Doctor Doom.”   He got the moniker because his ominous predictions, a few years back, came true.  I really hate the “Doom” name.  I think he should be called “Doctor Right on

Public Employee Unions Work Against The Public

Greg Hunter’s USAWatchdog.com    Unions in this country got started because industry took advantage of workers.  But these days, it seems to be the other way around.  I am not talking about unions in the private sector.  Private sector union workers should

Housing Sales and Inflation Surge

By Greg Hunter’s USAWatchdog.com  The big news in the economy last week was new home sales jumped 27% in March.  It was the best monthly increase percentage wise since John F. Kennedy was in office.  What the mainstream media did not

Failure Is the Only Reform We Need

By Greg Hunter’s USAWatchdog.com    There was lots of talk this week about financial reform for Wall Street.  The President gave a speech yesterday on the legislation that is making its way through the Senate.  Obama said, “It is essential that we

Bernanke Admits Printing $1.3 Trillion Out Of Thin Air

By Greg Hunter’s USAWatchdog.com   Fed Chairman Ben Bernanke admitted the central bank created $1.3 trillion out of thin air to buy mortgage backed securities.  This shocking admission came from the Joint Economic Committee hearing on Capital Hill last week.  I was

Fraud, It’s Much Bigger Than Goldman Sachs

By Greg Hunter’s USAWatchdog.com  Goldman Sachs was charged with fraud last week by the Securities and Exchange Commission.  The investment bank says the charges are “unfounded in law and fact.”  Regulators allege “Goldman wrongly permitted a client that was betting against

Bernanke Scolds Congress/Keeps Bailouts Details Secret

By Greg Hunter’s USAWatchdog.com    Earlier this week, Fed Chief Ben Bernanke told Congress to basically raise taxes and cut the federal budget.  The inference was, if Congress doesn’t get its financial house in order, it will be their fault if the

Will the Bad Economy Cause Crime to Increase?

 By Greg Hunter’s USAWatchdog.com      Over the past 15 years or so, violent crime and property crime (theft) has been on a slow steady decline.  According to the Bureau of Justice Statistics, in the past few years, that decline has leveled off. 

Follow The Money

By Greg Hunter’s USAWatchdog.com  In the classic 70’s Watergate movie, All the President’s Men, the secret informant, Deep Throat, said, “Follow the money.”  It was how reporters Woodward and Bernstein figured out what was really going on in the Nixon White

Ignoring the Good News?

By Greg Hunter’s USAWatchdog.com    I heard Jim Cramer of CNBC say last night people are “ignoring the good news.”  I say when it comes to the mainstream media, just the opposite is happening.  The folks at the financial news networks are especially

IMAX on the Titanic

                                                                                                       By Greg Hunter’s USAWatchdog.com     If you compare the U.S. economy to the Titanic disaster, we are at about same point in time as that famous ship was after it struck the iceberg.  Instead of a band playing on deck

The One Surefire Economic Prediction

By Greg Hunter’s USAWatchdog.com    The one surefire economic prediction I can make is we are going to have big inflation.  Already, (real) inflation is running at 9.4% according to shadowstats.com (calculated the way Bureau of Labor Statistics did it in 1980). 

Don’t Let The Facts Get In The Way Of A Recovery

By Greg Hunter’s USAWatchdog.com  For awhile, the term “green shoots” was the buzz word for the economic rebound.  Remember that?  The “green shoots” have now turned into a “recovery” almost every time the economy is mentioned.  It seems we are constantly