According to former GOP Senator Judd Gregg, the U.S. government borrows 41 cents out of every dollar it spends. In other words, if they can’t borrow any more money it means they have to cut 41% of the budget. According to Gregg, “The practical effect of hitting the debt limit is not that the entire […]
What Will Happen If The Debt Ceiling Isn’t Raised? Read More »
By Tim McMahon, editor Banks are considered safe. This isn’t the Great Depression… We have FDIC deposit insurance now so bank runs can happen right? Even the “Urban Dictionary” equates the saying “money in the bank” with reliability. You can wager money on what will happen, and if you have inside information and you’re 100%
Bank Runs Can’t Happen- Right? Read More »
Yesterday we looked at how the government’s separation of Gold from money has allowed it to grow out of control contrary to the intentions of our founding fathers. Had the money remained chained to gold the government’s ability to wage war, offer unlimited social programs and grab power would have been severly curtailed. So of
Government Trend– Toward Fascism Part 2 Read More »
What is Fascism? We’ve often heard the word but what exactly is fascism? Historians, political scientists and other scholars have spent long hours trying to define the exact nature of fascism. Since each occurance of fascism is distinct, it is difficult to define. The three common threads of fascism are Nationalism, Authoritarian with a strongly regulated economic
Government Trend- Toward Fascism Part 1 Read More »
By Tim McMahon, Editor It’s not just the government’s finances that are out of control it is the government itself. Just this week several examples of an out of control government have crossed my desk. 1) The first is a law passed by the Indiana state legislature which makes it against the law to resist
Government Trend- Out of Control Read More »
Long-term U.S. Treasury bonds have fallen 7% in value since November 1 and municipal bonds have fallen 6%. “Safe” investments like Treasury’s and Munis are not supposed to crash they are the mainstay of widows and orphans. So What’s happening? For most of the last century, the whole world has believed the obligations of the U.S.
Major Disaster Developing For Bond Holders Read More »
Rumors are, the U.S. government “is propping up the stock market.” By far, the most frequent question we’ve been asked recently is: “What is your take on the persistent internet chatter that the Federal Reserve is holding up the stock market via QE2, POMO, etc.? How can stocks ever decline again if the Fed
The Fed and “Plunge Protection Team”: Are They Manipulating Stocks? Read More »
Dear Editor, I am a college student and amateur trader. I have a friend of a friend who I have the unfortunate acquaintance with every now an then, and when so I get to hear his loud obnoxiousness. He is a strong believer in the “fraud” of Keynesian Economics and thinks I am “foolish” to
All Golden Eggs in One Basket Read More »
Treasury bonds may have appeal in the short-to-intermediate-term as markets wrestle with deflationary forces. However, do bond holders really believe the political will exists today, or will suddenly surface in the future, to address the “unsustainable” state of U.S. financial affairs?
Stocks and Commodities Stronger than Bonds Read More »
Almost every day we hear of more ways the government is trying to control our lives and get into our wallet in order to pay for it. Like sand through an hourglass our freedom is slowly slipping away. Everything requires more reporting, more government oversight and more of our money to do it. Only you can protect yourself but it takes knowledge, and effort in order to do it.
The Advantages of Global Diversification Read More »
