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George Will Is Wrong On The Fed
on: by Greg Hunter
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
Can Obama Really Be “Fiscally Prudent”
on: by Greg Hunter
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
How Do I Protect My Assets?
on: by Greg Hunter
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
Ben Bernanke’s Hyperinflation And Economic Collapse
on: by Greg Hunter
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
Afghanistan, Add It To The Tab
on: by Greg Hunter
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
Lessons From A Dubai Default
on: by Greg Hunter
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
The FDIC Is Way Beyond Broke
on: by Greg Hunter
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
“Mischief” and Fed Secrecy
on: by Greg Hunter
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
The “Fix” Is In!
on: by Greg Hunter
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
Is the Fed Signaling More Trouble Ahead?
on: by Greg Hunter
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
Pay No Attention To That Man Behind The Curtain
on: by Greg Hunter
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,
Gold Hit Another All Time High! What It Means For You
on: by Greg Hunter
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
Whatever Happened to The “Audit the Fed” Bill?
on: by Greg Hunter
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
Prediction Payoff and More Real Stats
on: by Greg Hunter
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
We Rescued The Top And Told The Bottom To Kiss Off!
on: by Greg Hunter
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