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 By Greg Hunter’s USAWatchdog.com The Federal Deposit Insurance Corporation announced this week that the insurance fund that covers more than $4.5 trillion in deposits was not only depleted but has a negative balance of $8.2 billion according to the Wall Street

By Greg Hunter’s USAWatchdog.com   A very important hurdle was cleared last week for the folks who want to end the Federal Reserve’s privilege of secrecy.   By a bipartisan vote of 46-26, the House Finance Committee approved an amendment to audit the

 By Greg Hunter’s USAWatchdog.com   It appears the “fix” is in as far as the road plan for the U.S. dollar and economy.  The government and the Fed appear to have chosen a path of inflation for America and the world.    This is not an

By Greg Hunter’s USAWatchdog.com With all the euphoria about the stock market these days, it would seem that the worst of the economic meltdown is behind us.  After all, the S & P 500 is up an astounding 64% since March.  I

By Gene Tunney Guest Writer for Greg Hunter’s USAWatchdog.com   “Pay no attention to that man behind the curtain” is one of my favorite literary quotes. Today I have a vision of Obama and Congress, in place of the Wizard of Oz,

By Greg Hunter’s USAWatchdog.com     Gold hit another all time high this week.  I do not pretend to be a gold expert, but I do know a good story when I see one.  The yellow metal hitting one all time high after

By Greg Hunter’s USAWatchdog.com   Whatever happened to the “Audit the Fed” Bill?  (HR 1207)   You know, where “We the people” find out what the Fed did with trillions of dollars.  I for one would just like to know why the Fed gave

By Greg Hunter’s USAWatchdog.com   Last week, John Williams of Shadow Government Statistics predicted on USAWatchdog that the unemployment number would be worse than expected.  He said in an interview, “The risk is on the upside because the economy is weaker than consensus.”    Williams

By Greg Hunter’s USAWatchdog.com   The following video was on the Friday MSNBC  “Morning Joe” program.  It features the Chair of the Congressional Oversight Panel, Elizabeth Warren.  This group is supposed to monitor the bank bailout.  Warren is a Harvard Law professor that specializes

By Greg Hunter’s USAWatchdog.com   Mixed in with all the happy talk about better than expected jobless claims and high productivity numbers was this story.  (CNNMoney.com) – “The Federal Reserve kept its key interest rate near zero once again Wednesday.”   I think this

By Greg Hunter’s USAWatchdog.com   The latest unemployment number will be released by the Bureau of Labor Statistics on Friday.  The consensus is it will be slightly higher than last month.   I interviewed John Williams, an economist at shadowstats.com.  He predicts, “The

By Greg Hunter’s USAWatchdog.com   The headline today will probably be something like “Big Republican Wins on Election Day!”   Bob McDonnell won the Virginia Governor’s job and Chris Christie (left) unseated Democrat Jon Corzine for Governor in New Jersey.   I am sure there are going

By Greg Hunter’s USAWatchdog.com   It is official, CIT filed for bankruptcy protection Sunday night (11/01/09).  This was not a surprise because the lender had been having financial trouble for months.  The government tried to save CIT with a 2.3 billion dollar bailout last fall.  Now that

By Greg Hunter’s USAWatchdog.com   It is said at the end of an empire, the Treasury is always looted.  In the case of America, it is the value of the dollar and the credit rating of the United States that is being

By Greg Hunter’s USAWatchdog.com   The information below is provided complements of shadowstats.com.  I do not get paid in any way for posting this information.  Shadowstats.com is a paid subscription site and well worth the money.   Here is the link for the full