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Time to Break Up the Too-Big-To-Fail Banks?
on: by Greg Hunter
In January of 2009, I wrote a post called “Default Option.” My outrageous plan was to simply let the banks fail. Some people told me that was an unthinkable way to handle the financial meltdown, but I still think otherwise. Yes,
Who Really Owns Your Home?
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com There are some big questions facing the real estate market after the foreclosure fraud story exploded in the last few weeks. The number one question for anyone who has a mortgage is “Who really owns your home?”
Could a Dollar Crash Be Coming Soon?
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com It’s official. The economy is in trouble. The Fed seems to be hitting the panic button and is sending numerous clear signals that it will print more money to push up the economy. The Fed has already
Bank Shot
on: by Greg Hunter
What a week for real estate! The mortgage document fraud investigation kicked into high gear with all 50 state attorneys general opening investigations. There are calls for criminal investigations, and trial attorneys smell blood over allegations of fraud many say will
Fear, Desperation and Doom Describe the Housing Market
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com It has been called foreclosure gate, robo signing, foreclosure fraud or just sloppy paperwork; but no matter what you call it, it’s signaling a new financial meltdown for the U.S. economy. The securitized mortgage debt created in
What is Happening Now and Where are We Going?
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Gerald Celente is the founder of The Trends Research Institute. He’s been forecasting future trends since 1980. Today’s financial economic and political climate is volatile and unpredictable for most of us, but not Celente. He has made
Did Congress try to Legalize Foreclosure Fraud?
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com A bill that will make it more difficult to challenge improper foreclosure is going to be Vetoed by President Obama according to a Wall Street Journal story. The bill quietly slipped through the Senate last week with
Record High Gold all about Fear
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com There has been one record high after another for gold. They say the markets are ruled by fear and greed. In this case, it is simply fear that is driving the yellow metal higher day after day.
Could Foreclosure Fraud Cause Another Banking Meltdown?
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com This weekend, Bank of America became the latest lender to delay all foreclosures in 23 states because of possible problems with the necessary documents needed to repossess a home. GMAC Mortgage and JP Morgan Chase have had similar
The Fallacy of ‘Bailing Out’ U.S. Cities and States
on: by Greg Hunter
I want to revisit something banking analyst Meredith Whitney said this week on CNBC about the huge financial insolvency problems facing many U.S. states. She said, “You have to look at the states and the risk that the states pose, because
When Meredith Speaks, You Should Listen
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com I was pulling up to a store yesterday in my car, listening to CNBC on XM Radio, when an interview with banking analyst Meredith Whitney came on as a guest. I shut the car off and listened
Recession Not Over, Double-Dip or Worse Coming
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Just last week, I ridiculed a group of academic economists for calling an end to the longest recession since World War II. The National Bureau of Economic Research proclaimed the recession we STILL find ourselves in ended
Is Gold in a Bubble?
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com With gold hitting all time nominal highs this week, the recurring question is “Is gold in a bubble?” The yellow metal has been flirting with the $1,300 an ounce mark, and some folks are getting a little
The Recession is Over? Really!
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com I was dumbfounded by the headline “Recession Ended in June 2009” that came out earlier this week. The National Bureau of Economic Research (NBER), which is a panel of academic economists, called an end to the longest
We Don’t Have Honest Money
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com My nephew, Luke, called me the other day vexing over the materials used in our coins. He is a finance major in grad school and was researching money when he discovered that pennies were 97.5 percent zinc