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Prediction Payoff and More Real Stats

By Greg Hunter’s USAWatchdog.com   Last week, John Williams of Shadow Government Statistics predicted on USAWatchdog that the unemployment number would be worse than expected.  He said in an interview, “The risk is on the upside because the economy is weaker than consensus.”    Williams

We Rescued The Top And Told The Bottom To Kiss Off!

By Greg Hunter’s USAWatchdog.com   The following video was on the Friday MSNBC  “Morning Joe” program.  It features the Chair of the Congressional Oversight Panel, Elizabeth Warren.  This group is supposed to monitor the bank bailout.  Warren is a Harvard Law professor that specializes

The Government Approved Carry Trade and Free Money

By Greg Hunter’s USAWatchdog.com   Mixed in with all the happy talk about better than expected jobless claims and high productivity numbers was this story.  (CNNMoney.com) – “The Federal Reserve kept its key interest rate near zero once again Wednesday.”   I think this

Unemployment And A New Stimulus Bill

By Greg Hunter’s USAWatchdog.com   The latest unemployment number will be released by the Bureau of Labor Statistics on Friday.  The consensus is it will be slightly higher than last month.   I interviewed John Williams, an economist at shadowstats.com.  He predicts, “The

What the Big Headline Should be Today

By Greg Hunter’s USAWatchdog.com   The headline today will probably be something like “Big Republican Wins on Election Day!”   Bob McDonnell won the Virginia Governor’s job and Chris Christie (left) unseated Democrat Jon Corzine for Governor in New Jersey.   I am sure there are going

CIT Bankruptcy Dire for Main Street

By Greg Hunter’s USAWatchdog.com   It is official, CIT filed for bankruptcy protection Sunday night (11/01/09).  This was not a surprise because the lender had been having financial trouble for months.  The government tried to save CIT with a 2.3 billion dollar bailout last fall.  Now that

Is The American Empire Being Looted?

By Greg Hunter’s USAWatchdog.com   It is said at the end of an empire, the Treasury is always looted.  In the case of America, it is the value of the dollar and the credit rating of the United States that is being

The Real Numbers From Shadowstats.com

By Greg Hunter’s USAWatchdog.com   The information below is provided complements of shadowstats.com.  I do not get paid in any way for posting this information.  Shadowstats.com is a paid subscription site and well worth the money.   Here is the link for the full

Red Alert on a Dollar Collapse

By Greg Hunter’s USAWatchdog.com   Peter Schiff is a legitimate candidate for the U.S. Senate in Connecticut for the 2010 election.  He runs a big time fund called Euro Pacific Capital.  He has made some big calls that have proven to be correct. 

(Q)Are Things Getting Better? (A)Yes and No

By Greg Hunter’s USAWatchdog.com   There is an old saying in the markets, “nothing goes straight up or straight down.”  If the economy has a lot more to fall, as I think it does, then it will not fall straight down.  I think

Bernanke’s Trillion-Dollar Decision

By Greg Hunter’s USAWatchdog.com   A good friend of mine sent me and article from Politico with the headline “Bernanke’s trillion-dollar decision.”   I read the article.  It talks about how Fed Chief Ben Bernanke has to decide whether or not he will continue

The Untouchables: Goldman and Chase

By Greg Hunter’s USAWatchdog.com   This week the Federal Reserve hit thousands of banks with wide ranging pay controls.  The so called “Pay Czar” Kenneth Feinberg said that salaries paid to the top earning executives at some of the biggest bailedout companies would be

Pakistan Fighting is Big Trouble!

By Greg Hunter’s USAWatchdog.com   Pakistan is in a real struggle for control of the country with the Taliban.  This is an actual war, not the threat of war as we see with Israel and Iran.  I wrote about Pakistan as being

Banking Trouble Gets Worse for Wells

By Greg Hunter’s USAWatchdog.com   The story below is what I call the canary in the banking coal mine.  Wells Fargo was downgraded today by top banking analyst Dick Bove.  He didn’t downgrade them because they were making too much money.  What the

Betting on a “Currency Death Spiral”

By Greg Hunter’s USAWatchdog.com   I have been warning about a currency crisis for weeks.  It appears I am not the only one worried about a big drop in value of the dollar.  David Einhorn of Greenlight Capital is also betting on a”currency death spiral.”