Author Archive

By Greg Hunter’s USAWatchdog.com    According to economist John Williams at Shadow Government Statistics (SGS), we are getting “… false positive signals…” for monthly numbers such as retail sales and unemployment.  So, a recovery looks like it is taking place when a

By Greg Hunter’s USAWatchdog.com    Alex,a friend of mine, sent me an email with just one sentence.  It said, “Did you read this?”   It was an article published this week by NYU Economics Professor Nouriel Roubini titled, “Roubini: Here’s Five Reasons The

By Greg Hunter’s USAWatchdog.com Kenneth Feinberg was appointed by the Obama Administration as a so-called “Pay Czar” after public outrage over big compensation packages at firms that were bailed out by the government.  Feinberg has been on the job as pay

By Greg Hunter’s USAWatchdog.com This week nationally syndicated columnist George Will wrote a piece called “Playing Politics with the Fed.”  Mr. Will is squarely against Congressional legislation called the Federal Reserve Transparency Act of 2009.  This bill will force the Federal

By Greg Hunter’s USAWatchdog.com President Obama’s “Jobs” speech this week hinted, once again, that he is well aware the U.S. Government has a ballooning deficit problem.  In remarks made to the Brookings Institute, the President said, “There are those who claim

By Greg Hunter’s USAWatchdog.com The FDIC just shut down another 6 banks last Friday.  There is no end in sight for the bank failures coming.  To make matters worse, the FDIC is way more than $8 billion in the hole as

By Greg Hunter’s USAWatchdog.com  Yesterday, Federal Reserve Chief Ben Bernanke was in front of the Senate Banking Committee trying to hold on to his job.  Some Senators were complimentary on Bernanke’s job.  Republican Senator Judd Gregg from New Hampshire gave the

By Greg Hunter’s USAWatchdog.com I watched the President last night address the nation on why he needed to send 30 thousand more troops to Afghanistan.  He said it would cost an additional $30 billion for this escalation.  That works out to

By Greg Hunter’s USAWatchdog.com Last week, just before the Thanksgiving holiday, Dubai World asked creditors if it could suspend payments on nearly $60 billion in debt.  Experts call this a “technical default” by Dubai itself because it owns Dubai World which

 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