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Greek Referendum Will Not Be Stopped
on: by Greg Hunter
By Greg Hunter’s USAWatcdhdog.com The Prime Minister of Greece, George Papandreou, has called off a vote by the people of his country on whether to accept a 130 billion euro bailout and stay in the EU. Earlier this week, the Prime
Two Financial Nukes Explode
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com On Monday, I said at the end of my post, “I think someday we will “grow” our way out of the economic mess we are in but not before a very big fall.” I didn’t think the
The 2.5% GDP Growth Spin Job
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Last week, the government announced the economy (gross domestic product, GDP) grew at a 2.5% rate. The mainstream media (MSM) hailed this as some significant turnaround. Businessweek.com reported, “Buoyed by a resurgent consumer and strong business investment,
Weekly News Wrap-Up 10.28.11
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Stocks soared this week as the EU agreed on a deal that will address its sovereign debt crisis. The Dow was up nearly 340 points to 12,200, but is the debt problem really fixed? NO WAY!!! There
Is the EU Sovereign Debt Problem Really Fixed?
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com When I first heard of the deal to fix the European debt crisis, I thought, “Is the EU Sovereign Debt Problem Really Fixed?” This is a complicated solution and mainly addresses sour Greek debt. Bankers are supposed
Unknown Territory
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com I was surprised to see the Dow only off a few hundred points yesterday considering all the problems European Union finance ministers are having getting a sovereign debt rescue plan together. A 200 point loss on the
Inflation Up Globally
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com The meeting yesterday in Europe to come up with a plan to stem the sovereign debt crisis turned sour. Zero was accomplished, except to put even more fear into the world over an impending financial meltdown that
Weekly News Wrap-Up 10/21/11
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com It only cost one or two billion bucks to get rid of Libya’s leader, Muammar Gaddafi. Was it worth it? He pled for his life, but was killed anyway. Did NATO want him dead? Would a war crime trial embarrass the
The Age of Bank Failures
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com The U.S. stock market surged yesterday on news the European Union (EU) would deploy a two trillion euro rescue fund to help get its sovereign debt crisis under control. This news was so good even battered Bank
Should There be a Public Option for Banking?
on: by Greg Hunter
Things are not looking good for European banks or, for that matter, U.S. banks. Bankers are cutting expenses and laying off workers in droves as their profits go up in smoke. The bankers got what they wanted years ago—almost all regulations
Everyone Now Identifies With Protesters
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com What started out as a little insignificant protest that the mainstream media tried to ignore (or at least downplay) has turned into a global phenomenon in a little less than a month. One of the many headlines
Weekly News Wrap-Up 10.14.11
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com The alleged Iranian plot to kill the Saudi Ambassador in Washington D.C. has put everyone on edge even though it was foiled. Secretary of State Hilary Clinton says it is a “dangerous escalation.” The U.S. government considers
Republican Debate Focused on Economy and Cain
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com I don’t know who won the October 11, 2011 Republican debate last night, but Herman Cain sure got a lot of attention for his 9-9-9 tax plan. That’s short for 9% tax on business, 9% tax on
Where is Occupy Wall Street Going?
on: by Greg Hunter
I have to applaud the “Occupy Wall Street” movement even if their message is a little disjointed. I think the message will sharpen in time. I hope the main focus continues to be the ongoing market manipulation and crime that has gone
When?
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com When? That’s the question that is on the minds of people following the economy. When will the “you know what” hit the fan and we start another global meltdown. I am not going to string you along.