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King of Debt Seeks Presidency

King of Debt Seeks Presidency

By: Peter Schiff   During a lengthy interview on CNBC the week before last, Donald Trump, fresh from becoming the presumptive Republican nominee, came as close as any major presidential contender ever has to saying that America is not capable of repaying her debts in full, and that our path to economic recovery might involve some […]

Glaring “Quantitative Easing” Failure Spotted- What does THAT mean?

Glaring “Quantitative Easing” Failure Spotted- What does THAT mean?

By: Jim Willie CB, GoldenJackass.com Editor’s note: This should disturb anyone with financial/macroeconomic knowledge and common sense. We are told that the economy is “recovering,” but is it merely being propped up by doubling down on a losing bet?  You probably have not seen this in mainstream news or financial reports.  Hardly anyone reads the obscure […]

Senate moves toward maintaining monetary status quo

Senate moves toward maintaining monetary status quo

By George Miller The Senate Finance Committee, in a 14-8 bipartisan vote, approved Janet Yellen, current vice chairwoman of the Board of Governors of the Federal Reserve System  (photo-L), Obama’s nominee to replace Ben Bernanke as Federal Reserve Chair. A full Senate vote would still be needed to confirm her. Bernanke, a Bush appointee, served through […]

“Shutdown” Kabuki Theater

“Shutdown” Kabuki Theater

Viewpoint By George Miller The just-completed faux government “shutdown” ritual and resolution was reminiscent of a stylized, salve traditional Japanese Kabuki Theater production. Looking beyond the “shutdown’s” end and passage of still another buck-passing continuing resolution to supposedly avoid a default, doctor the following is offered: There would be no default unless Obama wanted it that […]