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The Worst 4 Letter Word of All–Debt
on: by Greg Hunter
You can write volumes on what is actually wrong with the economy. We have record foreclosures, the FDIC closing banks every weekend, high unemployment, enormous deficits, food banks running out of money, sour mortgage-backed securities and the list goes on and
9% Unemployment Rate is a Statistical Lie
on: by Greg Hunter
Greg Hunter’s USAWatchdog.com (updated) The Bureau of Labor Statistics (BLS) released the latest unemployment figures last Friday. There was a stunning drop to 9% from 9.4%. How did that happen? Is the economy really getting better or is the government up
Egypt Diverts Media Attention from U.S. Economy
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com The revolution in Egypt has been going on for nearly two weeks. It is intensifying. There are reports of gunfire, beatings of foreign journalists and looting. It is a riveting story because so much is at stake
In Egypt the Earth Shifts
on: by Greg Hunter
I was watching Egyptian news coverage of the protests on NBC last night, and I was amazed by the spin the Peacock Network took. It was being reported as something positive–as if the mass release of prisoners by angry mobs (a
Keep Your Eye on Middle East Wild Card
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Just a few weeks ago, an uprising toppled a little known Tunisian leader (President Zine al-Abidine Ben Ali.) Tunisia is due west of Egypt, separated only by Libya. About the only thing that seemed newsworthy was the family reportedly
State of Denial
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Barack Obama addressed the country for the third State of the Union address of his Presidency this week. In broad terms, he talked mostly about innovation, education and jobs. To be fair, he also briefly touched on
Greg Hunter on Coast to Coast AM!
on: by Greg Hunter
I was on Coast to Coast AM early Wednesday morning. Coast to Coast AM is a nation-wide radio show with a network of more than 500 radio stations. I was on the first hour of the show (1am EST) to talk about the “REAL” State
The Most Predictable Financial Calamity in History
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com In November 2010, the Federal Reserve announced a second round of economic stimulus commonly referred to as Quantitative Easing (QE2). The reason, according to the Fed, was “progress toward its objectives has been disappointingly slow.” So, to
Housing Shows There Is No Recovery
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Housing starts are a tried and true barometer of business activity. If there was a real economic recovery going on, housing starts would be, at the very least, edging up. Please keep in mind the government is
Most U.S. Cities and States Float in a Sea of Red Ink
on: by Greg Hunter
Nearly every state in the Union and nearly every large city are facing ballooning budgets and shrinking tax revenue (confiscation). Some, such as Illinois and California, are boarding on insolvency and need to fill budget holes that are tens of billions of dollars.
Inflation Is Here
on: by Greg Hunter
Greg Hunter’s USAWatchdog.com For months now, the Federal Reserve has been worried about inflation being too low. So low, that the Fed claims it is unhealthy to the U.S. economy. When it announced its second wave of money printing (QE2) in
Bad Real Estate News Ignored to Spin Bright Future
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com I was shocked to see this headline from an Associated Press story yesterday, “Economists project home sales, construction to rise sharply in 2011 from extreme lows of 2010.” I was dumbfounded by the title of the article
Will Raising the Debt Ceiling Bail Out the Banks, Again?
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Just after the first of the year, the Chairman of the U.S. Council of Economic Advisers, Austan Goolsbee, emphatically pushed for Congress to raise the debt ceiling. Goolsbee said on the ABC Sunday talk show, “This Week,”
Vitriol is a Veiled Attack on Free Speech
on: by Greg Hunter
Greg Hunter’s USAWatchdog.com The massacre that happened this past weekend in Tucson, Arizona, is a horrific tragedy. Twenty people were shot (including Congresswoman Gabrielle Giffords), and six died at the hand of a lone gunman with a questionable mental history.
2011 Prediction Follow-up
on: by Greg Hunter
The 2011 Predictions post garnered more than 100 comments and several hundred predictions. I want to thank everyone for taking the time to make a prediction or comment. Your involvement is what makes this site come alive. I put together a