By Greg Hunter   

The Congressional Budget Office says Health Care reform will Cost $1 trillion over the next 10 years.  The White House says it will “save “money.  Republican Senator Mitch McConnell said just a few days ago the tab will be $2.5 trillion over the next decade!  Who is right?  I don’t think anybody really knows.  When it comes right down to it, everybody’s guessing.     

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By Gene Tunney   

You and I are in the Taxpayer Club. We are the working class of America; you know, the part that has to pay for the stimulus programs and Wall Street bailouts. We are the club that gets stuck paying the bill for excessive government. We have to work thirty or forty years to retire while bailed out bankers knock down million dollar bonuses.   While the Taxpayer Club is getting poorer, there is another club in America getting wealthier– the Government Club.    (more…)

By Greg Hunter  (updated 3/5/10) 

It appeared one of the President’s top economic advisors, Larry Summers, was trying to do a preemptive strike against what may be some bad unemployment numbers.  If unemployment is up, blame harsh winter weather!  John Williams, an economist from shadowstats.com (also known as Shadow Government Statistics), feels just the opposite.  (more…)

By Brian Sussman

I love working in talk radio; the audience is so smart it’s scary.   

President Obama’s 2010 budget had just been released, when, at the conclusion of a broadcast, a passionate caller named Madeline told me about the backdoor tax increase contained in our nation’s financial plan.    (more…)

By Greg Hunter

Many people I talk to and hear from are having a really hard time grasping how severe the real estate crisis is in America.  Let me sum up how bad the problem  is in one simple  sentence.  The real estate market (both residential and commercial) is the worst EVER!   According to Yale Economics Professor Robert Shiller, the real estate boom a few years ago was the biggest in history!  The bust we find ourselves in now will, also, be the biggest in history.  (more…)

By Greg Hunter

It looks like the Haiti quake in January was just the warm-up act to the giant 8.8 magnitude shaker that hit Chile.   It one of the largest quakes on record.   This could not come at a worse time given the severe financial stress that is hitting the globe.  (more…)

By Greg Hunter   

Have you ever heard someone say they saved money by buying something on sale?  An example would be saving $200 by spending $400 dollars on a new set of golf clubs that were on sale for 33% off.   In the real world, spending money is just that– spending money.   

When it comes to the health care plan, the President has said we cannot reduce the federal budget deficit unless health care costs can be controlled.  The President wants to “save money” by insuring an additional 30 to 40 million people who cannot afford it.  (more…)

By Greg Hunter   

This week, a North Carolina newspaper headline read “Beauty Queens Feeling Squeeze of Economy.”  It was a story about how pageant contestants are cutting costs by wearing dresses more than once.  Some contestants are also selling old dresses and renting others to girls going to their proms.  It is just one of the many small signs of how the economy is changing.  (more…)

By Greg Hunter

I was on the nationwide overnight radio show, Coast to Coast AM, last week to talk about the real estate crisis.  The topic of foreclosures naturally came up, and I told people to make sure you ask the judge in the foreclosure proceeding to force the bank to “produce the note.”   (more…)

By Greg Hunter   

The Federal Reserve raised the discount rate yesterday to 3/4% from 1/2%.  That’s the interest rate the Fed charges banks in an emergency.  The Fed insisted that rates for consumers and companies would not rise.  So why did the Fed raise rates?  (more…)