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FDIC Insurance Fund Still $20 Billion in the Hole
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com While the stock market was beginning its 376 point plunge yesterday, the Federal Deposit Insurance Corporation was quietly putting the best face it could on a banking system in serious trouble.
There Are Some People You Just Can’t Help
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com A producer friend of mine from my investigative correspondent days at ABC used to say, “There are some people you just can’t help.” I think it meant that some people were in so deep, were so blind,
The Same Big Fat Greek Problems are Coming to America
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com We would all like to think the U.S. will not suffer the same problems as Greece. I am talking about drastic spending cuts to just about everything. Teachers, police pensions and social programs are all going
Is the Financial System Corrupt?
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Recent headlines coming out of the financial world have been jaw dropping. Here are a few: US faces same problems as Greece, says Bank of England (The Telegraph), World markets rattled by Goldman fraud (The Economic Times),
Gold Is Money
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com The Western financial world is officially in full panic mode. A nearly $1 trillion bailout of Greece confirms that fact. Our very own Federal Reserve is providing billions to the effort, but this is much more than
Earth Day: An Assault On Man
on: by Greg Hunter
By Brian Sussman Guest Writer for Greg Hunter’s USAWatchdog.com (Mr. Sussman is a Radio Host in San Francisco, CA and has recently released an new book called “Climategate.”) In recent weeks while addressing Tea Party rallies here on the left coast, I ask the
The Canary is Dead
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com In the early days of coal mining, canaries acted as a warning that odorless poisonous gas was present. If there was a dangerous gas build-up, the canary would be the first to keel over. You can use
Inflation and Bailouts Go Hand in Hand
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Pick a financial fire and you can be sure the U.S. government will hose it down with gallons of money. AIG, General Motors, Chrysler, insolvent states, FDIC, Fannie, Freddie and all the banks are just a few
Gulf Oil Spill Spells Higher Prices
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com A little more than a month ago, President Obama took a big step toward weaning the country off foreign oil. His bold plan, announced at the end of March, included opening up 167 million acres along the
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