By Greg Hunter’s USAWatchdog.com 

The big news, this week, was the $25 billion mortgage settlement with the five biggest banks in the country over allegations of mortgage and foreclosure fraud.  It has been reported that $13.5 trillion of potential fraud is going uninvestigated and unprosecuted.  This settlement is a travesty of justice and a total rip-off of America.  (more…)

By now everyone has heard of the Federal Reserve’s free money policy where the Fed loans money to its banking buddies at or near 0%.  This is a great deal for the bankers, but free money isn’t really free, and it eventually kills anyone holding on to U.S. dollars.  (more…)

By Greg Hunter’s USAWatchdog.com  Today, I received a personal email from D. Sherman Okst titled “F*** You.”  Okst is an Internet financial writer that, I think, does some very good work.  So, I was taken back when Okst wrote (more…)

By Greg Hunter’s USAWatchdog.com  (revised)

In the last week or so, I’ve noticed an unusual amount of really well written and researched articles warning of impending doom and financial horror.  These articles are not written by a bunch of angry uneducated bloggers but by money managers, investors and financial writers.  All are people who got it right leading up to the meltdown of 2008, and my bet is they are right again.  (more…)

By Greg Hunter’s USAWatchdog.com 

The State AG’s are supposed to settle the enormous mortgage mess for a mere $25 billion.  The alleged fraud has been reported to be in the neighborhood of $13.5 trillion.  Will the crooked big banks who perpetrated this scam on America get a free pass in the so-called “robo-signing” mess?  (more…)

By Greg Hunter’s USAWatchdog.com

The most recent unemployment number is a total lie, and that lie was repeated all over the mainstream media (MSM).  Two sins were committed here, and I don’t know which one is worse.  The report was a sham, and the MSM reported that information without a single question about its accuracy.  (more…)

By Greg Hunter’s USAWatchdog.com 

Defense Secretary Leon Panetta said that Israel might attack Iran by spring!  Why he felt he had to put that out there, I’ll never know.  Why the Mainstream Media (MSM) buried this story is another question altogether.  This is huge and has some frightening implications.  What if the Iranians feel they want to beat Israel to the punch and attack first?  What if the Israelis have no intention of attacking Iran?  What if Israel now feels the element of surprise is gone after spring and it moves up their time table?  (more…)

I have long said the main political parties are really just a two-headed monster that take turns ripping off America.  We are not getting discussion on the enormous problems facing the country during the GOP primaries.  We need serious banking reform and criminal prosecutions.  Neither party will touch that issue because the banks contribute to both parties equally.  (more…)

By Greg Hunter’s USAWatchdog.com 

My slogan is “analyzing the news to give you a clear picture of what’s really going on.”  So, I spend a significant amount of time watching news on TV and the Internet and even the good old fashioned newspaper.  If you only got your news from the mainstream media (MSM), it’s easy to understand whyso many people think the economy is not all that bad.  For example, yesterday, I heard the “R” word a lot.  No, I am not talking about recession but “recovery.”  This is preposterous when you consider the latest report from the Case-Shiller Home Price Index that was released yesterday.  (more…)

If the economy was doing so well, the Federal Reserve would not be announcing (last week) an extension of its zero interest rate policy until the end of 2014.  If the economy was truly in a real recovery the Fed would be hiking interest rates instead of giving away money for virtually nothing.  It is just not the U.S. that is doing badly, but the rest of the world is also tanking.  Just look shipping traffic around the globe. (more…)

By Greg Hunter’s USAWatchdog.com 

The world economy is in the tank, and the Federal Reserve’s decision to extend its zero interest rate policy to, at least, the end of 2014 proves it.  What will happen if the fragile world economy also has to deal with a war with Iran?  (more…)

By Greg Hunter’s USAWatchdog.com  The Federal Reserve announced, this week, that it was keeping interest rates at near zero percent until at least 2014.  It sure doesn’t look like the so-called “recovery” is going very well.  The Fed also said it may “stimulate” the economy soon.  Print baby print—you wonder why gold has been rising in price?  (more…)

By Greg hunter’s USAWatchdog.com 

I got an email yesterday from a person called “Michael” (I will not use his last name.) that said, “Greg, I have been reading you for about two years now. I have read everything from $8/gallon gas to a total collapse of the dollar. You are the boy who cries wolf.”  (more…)

By Greg Hunter’s USAWatchdog.com

I was watching the FOX Business channel, and who did I see again–Jamie Dimon, Chairman and CEO of JP Morgan Chase.  Charlie Gasparino had what he called a “no holds barred” interview with Dimon.  I watched two long segments of the interview, and once again, it appeared like a PR story for the bank.  In one of the segments, Gasparino said that Dimon, “. . . took every question I threw at him . . . I think he sees himself as a spokesman for the industry.”  It was too bad Gasparino was throwing softballs.

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By Greg Hunter’s USAWatchdog.com 

The World Economic Forum (January 25-29) in Davos, Switzerland, is probably the most important ever.  The world is closer to another financial meltdown that could crush the tenuous global economy.  Many experts have said the next meltdown will be bigger than 2008.  On top of the list of problems to tackle is the sovereign debt crisis and insolvent European banks.  (more…)