Author Archive

By Greg Hunter’s USAWatchdog.com     The recently published book called “This Time Is Different” makes the case that this financial crisis has the same basic elements as every other financial crisis since the 1300’s.  Economists Kenneth Rogoff and Carmen Reinhart do a

By Greg Hunter’s USAWatchdog.com  The Markets breathed a sigh of relief yesterday after word of an European Union bailout of Greece.  The Dow was up 150 points.  Greece is one of, what is called, the “PIGS,” which is an acronym for

By Greg Hunter’s USAWatchdog.com     According to Middle East news sources, Iraq will sue the U.S. over the residue from Depleted Uranium munitions. These types of munitions are also commonly referred to as DU.  This may sound like the story of an

By Greg Hunter’s USAWatchdog.com  Almost everything but the U.S. dollar took a hit yesterday.  Oil sold off nearly 4 bucks a barrel, the Dow was off nearly 270 points, bonds tumbled and gold plunged nearly $50 per ounce.  The dollar was

 By Greg Hunter’s USAWatchdog.com    We just finished 2009 with a record federal deficit of $1.4 trillion.  Let’s think about that for a minute.  The U.S. government says it is $1,400 billion in the red at the end of 2009.  But is

 By Greg Hunter’s USAWatchdog.com   Since the State of the Union Address, the White House has turned its attention to jobs. President Obama said last week, “…jobs must be our focus in 2010, and that is why I am calling for a

By Greg Hunter’s USAWatchdog.com  This was a huge week folks.  The two big stories I wrote about were the AIG bailout and cover-up and the U.S. deficit.  I have a couple of really good stories to pass along that will give you some more perspective

By Greg Hunter’s USAWatchdog.com    U.S. lawmakers in the House of Representative skewered Treasury Secretary Timothy Geithner in a hearing over the $180 billion bailout of insurance giant AIG.  Geithner’s credibility was repeatedly questioned by both Democrats and Republicans over the Treasury

 By Greg Hunter’s USAWatchdog.com The Obama Administration is planning to seek a spending freeze for 3 years on domestic discretionary non-security spending.  Officials say the freeze could save $250 billion over the next 10 years.  That may seem like a lot

By Greg Hunter’s USAWatchdog.comI was a featured guest on the nationwide overnight radio show “Coast to Coast AM” last week.  The show airs on more than 500 radio stations. “Coast to Coast AM” has a huge audience.  So, after my appearance,

By Greg Hunter’s USAWatchdog.com In the post “Is the Recession Over? Not a Chance!” this past Monday (1/18/10), there was a prediction made about the upcoming PPI.  Shadow Government Statistics said, “…annual PPI inflation should pick-up sharply in December.” 

By Greg Hunter’s USAWatchdog.com    Scott Brown is the new Senator from Massachusetts.  When a virtually unknown Republican can take a seat formerly held by Ted Kennedy in the bluest of blue states, the word “upset” doesn’t come close to what happened

By Greg Hunter’s USAWatchdog.com In February of last year, Fed Chief Ben Bernanke testified in a Senate hearing that he thought the recession would likely be “over in 2010.”  In September of 2009, The Fed Chief declared “…From a technical perspective,

By Greg Hunter’s USAWatchdog.com  On Christmas Eve of 2009, the Treasury decided to lift the caps on how much bailout money failed mortgage giants Fannie Mae and Freddie Mac would receive to stay in business.  The caps represented a maximum taxpayer

By Greg Hunter’s USAWatchdog.com The Fed is currently fighting tooth and nail in a federal appeals court to keep its bailout of big banks secret.   In August of last year, the Fed lost a lawsuit in federal court that would force the 97