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Can The Financial System Really Be Fixed? Some Say No.
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Every time I see a speech on the economy, such as President Obama’s on Monday, I rarely see someone cut to the heart of the problem. There is too much debt! That is the simple answer to what
Poll: News Media’s Credibility Plunges To New Low
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com I want to highlight this AP article below because it is why I started USAWatchdog.com. I do not think people are getting the whole story, especially when it comes to the economy. Things are much worse than what
Get Out Of Debt, Stay Out of Debt!
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com This cartoon would be even funnier if were not partially true. These days the average American owes $8,000 dollars on his credit cards. I was asked by a friend of mine, “How should I hedge my investments in
Prediction: Obama Wins Health Care, Loses Economy
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com President Obama’s speech on health care to Congress was high on emotion but short on details. When he was finished, I wasn’t sure the “Public Option” was in or out. I do not know how you can insure an additional 46
Something Wicked This Way Comes
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com I am not a gold bug, but I can spot a warning sign when I see one. Gold is near an all time high and this is no fluke! High prices are the result of big demand from monster players
The Other Real Estate Problem
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com I love the phrase “A picture is worth a thousand words” because you tell a lot of people a complicated story in a short amount of time with just one look. The “Other Real Estate Problem” I am talking about
The Real Unemployment Rate
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com The Friday headline in the Wall Street Journal reads “Job Losses Moderate But Unemployment Hits 9.7%.” This is just a short post to give you the “Real” number according to John Williams at shadowstats.com. He recreates government statistics the
The Smell of Money Harvesting is in the Air!!!
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com There are so many reasons why this stock market should be hitting a wall. Just a few are: high unemployment, plummeting tax revenues, major real estate declines, defaults in both residential and commercial properties, hundreds of banks
Alert! No Substance to “Economic Recovery”
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com John Williams of shadowstats.com put out an alert today (9/2/09). It read, in part,”Something Brewing in Systemic Solvency Crisis?” Part of what Williams does is give forecasts to clients, some of which are big companies and hedge funds.
Second Wave of Bank Failures? You Bet!
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com FDIC Chairman Sheila Bair dropped a small bomb on CNBC last night. She said, “Commercial real estate will be more of a driver of bank failures.” What! You mean more than the imploding residential real estate market?
Tale of Two Stories
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com This is a tale of 2 stories the press started covering last week. One, let’s call it the “Kidnapped Girl” story. It’s about a young woman who escaped after being kidnapped and held against her will for
Goldman Problems and John Crudele’s Warning
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com John Crudele is one of the good guys when it come to telling the truth and protecting your investments. The article below is nothing short of brilliant, concise and adds real clarity with what stinks about the economy.
Is Ted Kennedy’s Passing a Bad Omen for Obamacare?
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com The country has lost one of the most influential members of the U.S. Senate in the last 50 years. Ted Kennedy was called the “Lion of the Senate” for good reason. Even though he was a staunch
The Biggest Story Not Covered in the News
on: by Greg Hunter
By Greg Hunter’s USAWatchdog.com Yesterday, the Federal Reserve lost a big decision regarding it’s transparency. Bloomberg, a financial news organization, filed a Freedom Of Information Act last year to get records to find out where the Fed spent trillions bailing out big banks in