7.7 Trillion…really?

As if TARP money wasn’t enough…7.7 trillion in loans to bail out the criminals that caused the problem? Really? Someone needs to go to Jail in my opinion! If you or I did such things it would be fraud or worse…

 

That these guys still can’t get it right, look at Europe and our [...]

Currency races to the bottom

Global stocks sank the most in two months, while the euro slid to a record low versus the Swiss franc and commodities plunged, amid signs Europe’s government- debt crisis is worsening and the economic recovery is slowing. [...]

AIG…verge of bankruptcy???

AIG’s executives have gazed into their crystal ball and concluded that the company’s prospects don’t look good. That dim outlook may help explain why the U.S. Treasury Department seems so anxious to begin reducing its 92 percent stake [...]

Housing sales down…again

Sales of existing U.S. homes unexpectedly declined in April, indicating the industry is struggling to gain traction as the economy expands. [...]

Markets see economic trouble ahead

The steady drumbeat of dismal U.S. economic data continued Tuesday, driving investors into safe-haven Treasurys and pounding key yields down to five-month lows [...]

Americans ‘losing it’

As the economy continues to crumble this trend is going to get even worse. The following are just a few examples of how Americans have been freaking out and losing it recently [...]

Currency Meltdown has Begun

I hope you are keeping up with the currencies these days, your financial well being could be dependent upon it. The dollar is falling like a stone and the dollar index continues to follow suit of course. [...]

Bankruptcy 1 step away

As we have been saying for some time now, the good ole U.S.of A. is technically busted financially! [...]

Fukushima….reality replay

More potent radiation appears to be headed our way. [...]

Solar Storms Are here

The sun is waking up from a long quiet spell. Last week it sent out the strongest flare for four years [...]

S2T-2