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More on CME, CDS and Iran

The nice folks at RNN gave me and USAWatchdog.com a nice plug.  It, also, broke some news that was basically ignored by the MSM this week.  The U.S. gave Iran a “last chance” ultimatum about its nuclear program.  This is a cartoon,

Is the Greek Debt Problem Really Solved?

By Greg Hunter’s USAWatchdog.com  Yesterday, a short but ominous press release was issued at the Commodities Futures Trading Commission.  It said, “At the request of CME Clearing Europe Limited (CMECEL), pursuant to Section 7 of the Commodity Exchange Act, the Commodity

U.S. Deficit Growing–Not Tax Receipts

Monday’s post closed with, “. . . The nonpartisan agency projected the government will run a deficit of $229 billion in February, the highest monthly figure ever.”  (Click here for the complete report from the Washington Times.)    That means the government

Collapse Coming–Not Recovery

By Greg Hunter’s USAWatchdog.com   (Revised) The way the latest unemployment numbers were reported by the mainstream media (MSM), you would think the Great Recession was over and the United States was solidly on the road to recovery.  The Associated Press reported

Weekly News Wrap-Up 3.9.12

By Greg Hunter’s USAWatchdog.com  The big story was the meeting between the Prime Minister of Israel and the President of the United States on Monday.  Netanyahu told Obama in no uncertain terms that he was tired of waiting to attack Iran

The Banking System Needs to be Fixed

In my mind, ever since Financial Accounting Standards Board (FASB) allowed the banks to value things like mortgage-backed securities and real estate at whatever  they think they will be worth in the future, the system was insolvent.  The banking insolvency problem in America is

Israel is “Master of Its Fate”

By Greg Hunter’s USAWatchdog.com  On Monday, President Obama and Israeli Prime Minister Benjamin Netanyahu met in the White House to discuss how they were going to handle Iran’s nuclear program.   I think the meeting was a disaster for anyone who thinks

If Greek Debt Deal Blows Up–$1 Trillion in Losses!

By Greg Hunter’s USAWatchdog.com There are more ways for the world economy to get much worse than there are ways for it to get better. One landmine waiting to be stepped on is the Greek sovereign debt.  The IMF and the

Subprime to the Rescue

By Greg Hunter’s USAWatchdog.com  (Revised) Subprime lending is back, and it is creating headlines like: “February auto sales rise to highest level in 4 years.”  That comes from a story last week from Reuters.  Reuters goes on to say, “U.S. auto sales

Weekly News Wrap-Up 3.2.12

Greg Hunter’s USAWatchdog.com  The Middle East is hot and getting hotter.  Reports are out that the Pentagon is preparing aerial refueling for Israeli Jets.  U.S. military, also, now says it has what it takes to knock out Iran’s deep bunkers hiding

Dollar Alternative Anyone?

By Greg Hunter’s USAWatchdog.com  Countries around the world have been actively seeking ways to not do business in dollars for the past few years.  The U.S. dollar is the so-called world reserve currency, but the big question is for how long? 

Two Parties No Difference

By Greg Hunter’s USAWatchdog.com  The political season is well underway, and the real problems of the country and how to fix them are not being talked about.  Instead, we get lengthy discussions on things like contraception or religion.  The banking system

Gas Prices Signal Tsunami of Inflation

Greg Hunter’s USAWatchdog.com A good friend of mine, who has family living abroad, called me this weekend. One of the first things out of his mouth was about his sister in London and how she was dealing with “terrible inflation.” No

Weekly News Wrap-Up 2.24.12

By Greg Hunter’s USAWatchdog.com  Syria is the top story, this week, because the bloody revolution there has big super power war implications.  This violent uprising against Bashar Assad has been going on for months. Two journalists covering the story were killed

Greek Debt Deal Done—Yeah Right

By Greg Hunter’s USAWatchdog.com  I keep asking myself, when is a deal not a deal?  Every time I hear the words “Greek debt deal” or “Greek bailout” in the same sentence, I wonder if, this time, they really have a deal.