U6 - Unemployment at 18% in January 2010

Finally the BLS has produced the “new and improved” employment statistics for the united States of America. There have been multiple reports of the a new fudge factor being used by the current Administration to reduce the false figures for unemployment percentages. By removing yet another group from the reported numbers Obama and his group [Click here to continue reading the full article...]

 

FOR IMMEDIATE RELEASE February 12, 2010 CONTACT: Press Office 202-863-8614 View This Statement At GOP.com STATEMENT FROM RNC CHAIRMAN MICHAEL STEELE ON DEBT CEILING LAW WASHINGTON – Republican National Committee (RNC) Chairman Michael Steele released the following statement today: “This afternoon President Obama sat behind closed doors and with no cameras present signed into law [Click here to continue reading the full article...]

 
What If Our Money Was Stable and Sound?

While doing a bit of looking around for the amount of Gold in the US Treasury, here are some of the results of that search: According to the US Mint: The United States Bullion Depository Fort Knox, Kentucky Amount of present gold holdings:  147.3 million ounces. The only gold removed has been very small quantities [Click here to continue reading the full article...]

 

Friday February 5 Post at Rasmussen Reports Richard Nixon once said, “We’re all Keynesians now.” But that was a long time ago, and it’s certainly not the case anymore (if it ever was). While influential 20th Century economist John Maynard Keynes would say it’s best to increase deficit spending in tough economic times, only 11% [Click here to continue reading the full article...]

 

This article appeared in the National Post on February 1, 2010. Many governments have responded to the economic downturn by increasing the size of the public sector. It was remarkable how quickly they resuscitated the theory that assumes more government spending can boost economic growth. Popularized by John Maynard Keynes in the 1930s, the theory [Click here to continue reading the full article...]

 
Newsweek ~ The Perils of Prosperity

A better title for this article would be “The Perils of a Fractional Reserve Banking Industry“, but that fact is painfully overlooked as Mr. Samuelson laments on about the complete laze fare adherence of banking regulation and … gee what a surprise … greed of the banking industry as the reason for this current mess [Click here to continue reading the full article...]

 
The Hill's Report on Clyburn's Idea That Creating More Debt Will Get Us Out of Financial Ruin.

Clyburn: ‘We’ve got to spend our way out of this recession’ By Michael O’Brien – 02/01/10 12:56 PM ET The U.S. government must spend its way out of the recession, the Democrats’ third-ranking House leader stressed Monday. Rep. James Clyburn (D-S.C.), the House majority whip, said that trying to find greater savings in the budget, [Click here to continue reading the full article...]

 
Conspiracy my ARSE - The Paperwork Proves It.

It never fails the more they call you a nutcase even when you point out fact after fact to prove an idea, issue or theory that when it finally gets “exposed” they start saying, “See we told ya all along…” The following statement does not apply to Bloomberg Press most the time; because, they are [Click here to continue reading the full article...]

 
Revealed: See Who Was Paid Off In The AIG Bailout

[Hat tip: Thomas Paine And Obama said, "no lobbyists" in HIS administration? Nah......he just has his WHOLE CABINET stacked with the SCUMBAG BANKING MAFIA headed by GOLDMAN SACHS and Timothy Geithner. As an ADDED insult, the Senate re-confirmed "Helicopter Bernanke" as Federal Reserve Chairman. Yet ANOTHER middle finger thrown to the America...n people by our [Click here to continue reading the full article...]

 
VoD ~ "Fear the Boom and Bust" a Hayek vs. Keynes Rap Anthem

Econstories.tv is a place to learn about the economic way of thinking through the eyes of creative director John Papola and creative economist Russ Roberts. In Fear the Boom and Bust, John Maynard Keynes and F. A. Hayek, two of the great economists of the 20th century, come back to life to attend an economics [Click here to continue reading the full article...]

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