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Nouriel Roubini Talks Doom Again
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com They call NYU economics professor Nouriel Roubini–“Doctor Doom.” He got the moniker because his ominous predictions, a few years back, came true. I really hate the “Doom” name. I think he should be called “Doctor Right on
Public Employee Unions Work Against The Public
on: by Greg Hunter
Greg Hunter’s USAWatchdog.com Unions in this country got started because industry took advantage of workers. But these days, it seems to be the other way around. I am not talking about unions in the private sector. Private sector union workers should
Housing Sales and Inflation Surge
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com The big news in the economy last week was new home sales jumped 27% in March. It was the best monthly increase percentage wise since John F. Kennedy was in office. What the mainstream media did not
Failure Is the Only Reform We Need
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com There was lots of talk this week about financial reform for Wall Street. The President gave a speech yesterday on the legislation that is making its way through the Senate. Obama said, “It is essential that we
Bernanke Admits Printing $1.3 Trillion Out Of Thin Air
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Fed Chairman Ben Bernanke admitted the central bank created $1.3 trillion out of thin air to buy mortgage backed securities. This shocking admission came from the Joint Economic Committee hearing on Capital Hill last week. I was
Fraud, It’s Much Bigger Than Goldman Sachs
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Goldman Sachs was charged with fraud last week by the Securities and Exchange Commission. The investment bank says the charges are “unfounded in law and fact.” Regulators allege “Goldman wrongly permitted a client that was betting against
Bernanke Scolds Congress/Keeps Bailouts Details Secret
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Earlier this week, Fed Chief Ben Bernanke told Congress to basically raise taxes and cut the federal budget. The inference was, if Congress doesn’t get its financial house in order, it will be their fault if the
Will the Bad Economy Cause Crime to Increase?
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Over the past 15 years or so, violent crime and property crime (theft) has been on a slow steady decline. According to the Bureau of Justice Statistics, in the past few years, that decline has leveled off.
Follow The Money
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com In the classic 70’s Watergate movie, All the President’s Men, the secret informant, Deep Throat, said, “Follow the money.” It was how reporters Woodward and Bernstein figured out what was really going on in the Nixon White
Ignoring the Good News?
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com I heard Jim Cramer of CNBC say last night people are “ignoring the good news.” I say when it comes to the mainstream media, just the opposite is happening. The folks at the financial news networks are especially
IMAX on the Titanic
on: by Greg Hunter
If you compare the U.S. economy to the Titanic disaster, we are at about same point in time as that famous ship was after it struck the iceberg. Instead of a band playing on deck as the vessel took on water,
The One Surefire Economic Prediction
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com The one surefire economic prediction I can make is we are going to have big inflation. Already, (real) inflation is running at 9.4% according to shadowstats.com (calculated the way Bureau of Labor Statistics did it in 1980).
Don’t Let The Facts Get In The Way Of A Recovery
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com For awhile, the term “green shoots” was the buzz word for the economic rebound. Remember that? The “green shoots” have now turned into a “recovery” almost every time the economy is mentioned. It seems we are constantly
Will the U.S. Dollar Survive?
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Alf Field has been called the “world’s best gold analyst.” He is best known for his many spot-on predictions in the precious metals market. Field has written extensively on debt, the dollar and has predicted the gold
Inflation Is Going To Get Worse
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com One of my consistent views on this site is “real” inflation is much higher than what the government is telling us. For example, recently the Bureau of Labor Statistics announced February’s inflation number (CPI) was “unchanged” at