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The Most Predictable Financial Calamity in History

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

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

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

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

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?

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

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

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

B of A Settlement, Another Taxpayer Rip-off

By Greg Hunter’s USAWatchdog.com In case you have not heard, Fannie and Freddie (also known as Government-Sponsored Enterprises or GSE’s) settled a big lawsuit with Bank of America Monday.  The case was settled for cents on the dollar, even though the

Your New Year Predictions and Comments

By Greg Hunter’s USAWatchdog.com This post is going to be a little different because I want you all to be an even bigger part of the site than normal.  I want you to give me your predictions for 2011.  It can

Fed Can’t Prop Up Stock Market Forever

Greg Hunter’s USAWatchdog.com (updated) From the very beginning of QE2, it was no secret the Federal Reserve wanted the stock market to rise.  The Fed got its wish.  Many people see the stock market increase of nearly 20% in a few short

Real Estate Spin Continues by Mainstream Media

By Greg Hunter’s USAWatchdog.com The mainstream media was at it again last week–putting a positive spin on the awful real estate market.  The USA Today headline on top of the “Money” section last Thursday read “Optimism for home sales adds up.”  

Spreading Some Christmas Cheer

By Greg Hunter’s USAWatchdog.com (corrected) Anybody who reads this site knows I can get pretty heavy handed when it comes to reporting and analyzing the news.  Sometimes I freak myself out, but the facts are the facts–things are bad.  In the spirit of

CBS 60 Minutes Finally Gets One Right

Greg Hunter’s USAWatchdog.com I have been pretty hard on “CBS 60  Minutes” for doing fluff interviews with Fed Chief  Ben Bernanke and not asking the hard questions that would be obvious to a freshman journalism student.  In all fairness, I have to

Headlines Confirming Troubled Times Are Here

By Greg Hunter’s USAWatchdog.com Some people see the Internet as an electronic world of wires and computers run at speeds measured in nanoseconds.  I tend to see the Internet as an electronic extension of human biology.  Sample enough of the Internet