Monthly Archive:: September 2010

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When Meredith Speaks, You Should Listen

By Greg Hunter’s USAWatchdog.com  I was pulling up to a store yesterday in my car, listening to CNBC on XM Radio, when an interview with banking analyst Meredith Whitney came on as a guest.  I shut the car off and listened

Recession Not Over, Double-Dip or Worse Coming

By Greg Hunter’s USAWatchdog.com  Just last week, I ridiculed a group of academic economists for calling an end to the longest recession since World War II.   The National Bureau of Economic Research proclaimed the recession we STILL find ourselves in ended

Is Gold in a Bubble?

By Greg Hunter’s USAWatchdog.com    With gold hitting all time nominal highs this week, the recurring question is “Is gold in a bubble?”  The yellow metal has been flirting with the $1,300 an ounce mark, and some folks are getting a little

The Recession is Over? Really!

By Greg Hunter’s USAWatchdog.com  I was dumbfounded by the headline “Recession Ended in June 2009” that came out earlier this week.  The National Bureau of Economic Research (NBER), which is a panel of academic economists, called an end to the longest

We Don’t Have Honest Money

By Greg Hunter’s USAWatchdog.com  My nephew, Luke, called me the other day vexing over the materials used in our coins.  He is a finance major in grad school and was researching money when he discovered that pennies were 97.5 percent zinc

Treasury Bills: The New Opium

 About this time last year, I heard financial expert Jim Rickards say on CNBC, “Federal Reserve needs to cut US Dollar in half over next 14 years.” He followed that up by saying, “If the market sees that playing out which

Tap Dancing on A Land Mine

By Greg Hunter’s USAWatchdog.com The economic “recovery” talk picked up some speed yesterday as retail sales for August were announced.  The government said sales were up a whopping .4%. It seemed everybody on financial TV was talking like the worst is

The Elephant in the Room

By Greg Hunter’s USAWatchdog.com There has been a flurry of proposals this week on how to get the economy growing again.  The President has been giving speeches across the country offering up plans for more infrastructure spending, business tax cuts and

Death By Globalism—Economists Haven’t A Clue

The President is kicking off another new jobs creation campaign this week.  He has just proposed spending more than $50 billion on infrastructure over the next six years and $300 billion in business tax cuts and credits for the future.  The

Job Headlines Paint False Rosy Picture

By Greg Hunter’s USAWatchdog.com Headlines released after a better than expected jobs report painted a very optimistic picture.  Bloomberg’s headline read “Recession Concerns Ease on August Jobs Data.” The story said, “Companies in the U.S. added more jobs than forecast in

Skidding Toward Fall

The following article was written by James Howard Kunstler.  Mr Kunstler wrote a book in 2008 about post-oil America called  ”World Made By Hand.”  Fossil fuel and issues surrounding it are a natural fit for this writer.    He wrote the article

Little Growth Means Big Trouble

By Greg Hunter’s USAWatchdog.com  Second quarter GDP growth numbers were revised down last week to a paltry 1.6% from 2.4%.  Wall Street celebrated because some were expecting “growth” to be revised even lower.  The stock market shot up on this news, but