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Fox in the Hen House: Why Interest Rates Are Rising

Fox in the Hen House: Why Interest Rates Are Rising

    By Ellen Brown The Fed is aggressively raising interest rates, although inflation is contained, private debt is already at 150% of GDP, and rising variable rates could push borrowers into insolvency. So what is driving the Fed’s push to “tighten”? On March 31st the Federal Reserve raised its benchmark interest rate for the sixth […]

Midnight in America

Midnight in America

By: Peter Schiff, CEO of Euro Pacific Capital   Editor’s note: legendary financial and investment expert Peter Schiff comments on the underlying reasons for Donald Trump’s victory and his recently announced first hundred days plan. Employing the unyielding rules of economics, he concludes that the plan makes some unwarranted assumptions and does not allow sufficient reductions […]

Federal Reserve boosts lending rates for first time under Obama

After one of the longest wind-ups in monetary policy history, salve the Federal Reserve on Wednesday delivered a small brushback pitch to the American market, hospital raising its key lending rate by a quarter of a percentage point for the first time in nine years. The decision, meant to head off future inflationary pressure as […]

Local Oxnard accountant-activist makes utility rate/policy recommendations

Local Oxnard accountant-activist makes utility rate/policy recommendations

By Lawrence P. Stein Editor’s note: The new Oxnard Utilities Rates Advisory Panel, (URAP) has created quite a bit of healthy discussion. Even though he previously predicted a trebling of utility rates, he believes that consumers are being outrageously overcharged for water to support what he feels is an overly expensive,inefficient GREAT water recycling program and […]

Local Oxnard accountant-activist predicts trebling of water rates

Local Oxnard accountant-activist predicts trebling of water rates

By Lawrence P. Stein Editor’s note: Mr. Stein took the best information he could find and calculated the impact on water projects debt service and rates. The exact timing and amount cannot be known for sure, because it is all based on rough plans, cost estimates, interest rates, transaction timing and even the city’s bond […]