The Federal Reserve continues to be a friend of Wall Street and those who can take advantage of the low interest rates and ability to carry debt at low carrying costs. ∙ But if you think for one minute that lower and Middle America is ...―
The U.S. national debt is a major issue. And as time passes, this issue brings the country’s sovereignty into question. Our national debt—the money owed by the U.S. government and, ultimately, the taxpayers—stands close to $17.0...―
While cutting the growth outlook of the global economy, Chief Economist of the International Monetary Fund (IMF) Olivier Blanchard said yesterday, “…the main challenge is very much in Europe.” (Source: “IMF Cuts Global ...―
In its monthly statement of receipts and outlays for the month, the Treasury Department reported that the U.S. government incurred a budget deficit of $107 billion for the month of March 2013. (Source: Department of the Treasury, April 10, 2013.)...―
Here’s the deal. If the debt crisis in Europe or the U.S. explodes and the world goes crazy, what would you take if you had to walk out the door in five minutes and survive off the land? ∙ No help. Just you and what’s on your ...―
In his recent essay published in the New York Times, David A. Stockman, President Ronald Reagan’s budget director from 1981 to 1985, said that there is a bubble waiting to explode due to the “flood of phony money from the Federal...―
As more people defaulted with their students loans in the first three months of 2013, many are wondering when this bubble will pop. The student loan crisis can be compared to the mortgage and housing crisis just a few years ago. What we learned ...―
Gold traded little changed, set for the worst quarterly run since 2001, as the reopening of banks in Cyprus eased immediate concern Europe’s debt crisis will deepen, reducing the precious metal’s appeal as a store of wealth. Gold for...―
In 1980, the total outstanding debt in the U.S. bond market was about $2.5 trillion—this included municipal bonds, Treasury bonds, money market instruments, corporate debt, and asset-backed securities. Fast-forward to 2012, and the U.S. bond...―
Money printing by the Federal Reserve will continue into the near future. And while it will help America avert a recession, the flow of easy money will be disastrous over the longerterm. ∙ The reality is that the current bull market and...―
What if the powerful breakout in the Dow Jones Transportation Average in December of 2012 was the beginning of a new, multiyear upcycle for the stock market? ∙ The stock market has clawed its way upward since the financial crisis hit in ...―
The U.S. Department of the Treasury reported that the U.S. government incurred a deficit of $204 billion for the month of February 2013. So far, we are into the first five months of the government’s fiscal year (started October 1, 2012), and...―
I love having raw quick things in the fridge for snacks. Want something sweet? It’s ...
The time is upon us to be tan and fit. I love this time of year. The best way to get ...
Crock pot cooking is perfect for anyone on the go go go! Well here is a great dinner that ...