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Fear, Desperation and Doom Describe the Housing Market

By Greg Hunter’s USAWatchdog.com   It has been called foreclosure gate, robo signing, foreclosure fraud or just sloppy paperwork; but no matter what you call it, it’s signaling a new financial meltdown for the U.S. economy.  The securitized mortgage debt created in

What is Happening Now and Where are We Going?

By Greg Hunter’s USAWatchdog.com Gerald Celente is the founder of The Trends Research Institute.  He’s been forecasting future trends since 1980.  Today’s financial economic and political climate is volatile and unpredictable for most of us, but not Celente.  He has made

Did Congress try to Legalize Foreclosure Fraud?

By Greg Hunter’s USAWatchdog.com   A bill that will make it more difficult to challenge improper foreclosure is going to be Vetoed by President Obama according to a Wall Street Journal story.  The bill quietly slipped through the Senate last week with

Record High Gold all about Fear

By Greg Hunter’s USAWatchdog.com  There has been one record high after another for gold.  They say the markets are ruled by fear and greed.  In this case, it is simply fear that is driving the yellow metal higher day after day. 

Could Foreclosure Fraud Cause Another Banking Meltdown?

By Greg Hunter’s USAWatchdog.com  This weekend, Bank of America became the latest lender to delay all foreclosures in 23 states because of possible problems with the necessary documents needed to repossess a home.  GMAC Mortgage and JP Morgan Chase have had similar

The Fallacy of ‘Bailing Out’ U.S. Cities and States

I want to revisit something banking analyst Meredith Whitney said this week on CNBC about the huge financial insolvency problems facing many U.S. states.  She said, “You have to look at the states and the risk that the states pose, because

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