Author Archive

I think banks are a necessary evil, but banks do not necessarily have to BE evil.  There is a school of thought developing that banks should be more like public utilities and simply serve the public. There is a move underfoot

By Greg Hunter’s USAWatchdog.com America went off the gold standard in 1971 when Richard Nixon closed the “gold window.” That meant the U.S. didn’t have to pay foreigners with gold, only dollars.  President Nixon created the first world reserve currency that

By Greg Hunter’s USAWatchdog.com New inflation figures were released by the government last week, and the news was not good.  The headline inflation number was 3.2% in the 12 months that ended in April.  That is more than a percent above

Many people think that there is a big difference between Democrats and Republicans, but I think there’s not much difference at all.  I have long said, the left and the right are really one body with two heads–they just take turns ripping

By Greg Hunter’s USAWatchdog.com It seems every week in the mainstream media there are multiple references to the so-called economic recovery 2011.  There has been some good news about profits at Ford, Chrysler and General Motors in recent weeks, and GM

By Greg Hunter’s USAWatchdog.com This week, Treasury Secretary Tim Geithner proposed raising the debt ceiling by $2 trillion.  I thought, this should be big news!  After all, a trillion is a thousand billion.  This adds up to 2 thousand billion over the

By Greg Hunter’s USAWatchdog.com Osama Bin Laden Dead! Now what? The death of Osama Bin Laden is probably the biggest story of the year, and maybe the biggest since 9/11.  There are so many angles being covered such as the burial

By Greg Hunter’s USAWatchdog.com The Federal Reserve held its first press conference in its 97 year history last week.  In my mind, it did this because it recognizes the deep financial trouble the U.S. is in.  It wants to put a

Gas prices 2011! Oil prices are on the rise.  The price per barrel rose again yesterday, and so did gas prices.  According to AAA, the national average price of unleaded gasoline added a penny, climbing to $3.879 per gallon.  It is

By Greg Hunter’s USAWatchdog.com  It appears economist Paul Krugman thinks the budget and the economy are not in that bad of shape because he thinks the dire warnings are overdone.  In his latest Op-Ed piece this week, he said, “When I

By Greg Hunter’s USAWatchdog.com I am taking Monday off as part of my Easter Holiday.  I am putting up some pointed but humorous Easter cartoons for your review. I want to thank all of my loyal readers for your patronage.  The site would

By Greg Hunter’s USAWatchdog.com More and more, I am finding stories produced by the mainstream media where the headline doesn’t jibe with the actual story that follows.  A USA Today (newspaper) story from the “Money” section yesterday is a great example

By Greg Hunter’s USAWatchdog.com Gold hit an all-time high this week—again.  The yellow metal briefly topped $1,500 an ounce before falling back down a few dollars.  The world has become increasingly nervous about the size of the growing U.S. debt.  Just

Just last week, the U.S., Britain and France renewed their pledge to keep military pressure on Moammar Gadhafi with the war in Libya.  What started out as a humanitarian mission has clearly turned into “regime change.”  An Associated Press story reported

By Greg Hunter’s USAWatchdog.com This week, President Obama gave a speech outlining his plan for long term deficit reduction.  He invited the Republican leadership for what many thought would be some sort of bi-partisan federal budget 2011 solution.  In reality, it