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Blog Editor’s Note: Glenn Beck is labeled a “conspiracy theorist.” However, you can rest assured no one presenting views this extreme on a regular basis could do so from a corporate media platform unless powerful interests want the public at large to get used to these kinds of ideas. So perhaps Beck’s corporate masters are “conspiracy theorists,” or at least pretending to be.
Beck is generally right on target with his key facts. However, he generally points the finger at the undefined “left” as the villain. Let’s just say the real villains are far more diversified than that. So put away … Continue Reading
![chart_interest_debt.03[1]](http://www.businessinsider.us/BusinessInsider/wp-content/uploads/2009/11/chart_interest_debt.0311.gif "chart_interest_debt.03[1]") Blog Editor’ Note: That’s nearly 5 million million dollars and nearly half the current Federal deficit, which continues to rise at an unprecedented rate. But don’t worry, analysts can still find individual pieces of data that sound optimistic.
Unless lawmakers make big changes, the interest Americans will have to pay to keep the country running over the next decade will reach unheard of levels.
By Jeanne Sahadi
(CNN Money) Here’s a new way to think about the U.S. government’s epic borrowing: More than half of the $9 trillion in debt that Uncle Sam … Continue Reading
Blog Editor’s Note: This piece delivers more exposure than the usual establishment press critique of the current controversy surrounding the Federal Reserve. However, the focus on key economists with Fed connections ignores the fact the identity of the private investors with controlling interests in the Federal Reserve is what they REALLY don’t want you to know. That’s why Fed supporters are open to a little more transparency they can control, but will put their full global financial weight in front of any attempt to conduct a full audit of the organization.
(This Huffington Post) As the debate over an audit of … Continue Reading
House panel investigates
By Richard Simon
(The Los Angeles Times) Reporting from Washington – Hundreds of new jobs in phantom congressional districts. Nearly 500 new teaching slots in a Chicago school district that employs only 290.
As the White House tries to show that its massive stimulus package has created or saved 1 million jobs, media outlets and critics have contended that some of the administration’s numbers are faulty.
On Thursday, a congressional committee tried to sort out the questions: Are the flawed data the result of Democratic spin meant to show that President Obama’s economic policies are working? Or are they … Continue Reading
Blog Editor’s Note: The largest expansion of central bank-issued fiat currency in the history of mankind attacking the greatest financial blowout ever encountered in terms of size isn’t creating an asset bubble? If so, it’s because they can only patch the balloon so many times before it can no longer hold hot air, and that’s all it ever was anyway.
NEW YORK (Reuters) – The Federal Reserve’s low interest rate policy was meant to encourage investors to move into riskier assets and there are no signs currently that an asset bubble is building in the United States, the central bank’s number-two … Continue Reading
LONDON (Yahoo News – AFP) – The dollar fell on Monday as China accused the United States of increasing protectionism and following unexpectedly strong Japanese economic growth figures, pushing gold prices to a record high point.
US President Barack Obama is in China for a three-day mission aimed at convincing Beijing that Washington is its partner, not its rival.
As the dollar dropped against the euro and yen, gold struck an all-time peak of 1,133.20 dollars an ounce.
In late morning trading here, the euro climbed to 1.4969 dollars from 1.4918 dollars late in New York on Friday.
Against the Japanese currency, the … Continue Reading
Blog Editor’s Note: More like an “all seeing eye” pretending to be blind.
![50528627-16120621[1]](http://www.businessinsider.us/BusinessInsider/wp-content/uploads/2009/11/50528627-161206211.jpg "50528627-16120621[1]") (Los Angeles Times – Associated Press)
WASHINGTON — Federal Reserve Chairman Ben Bernanke on Monday said the central bank will keep a close eye on the sliding U.S. dollar even as he pledged anew to keep interest rates at record-lows to nurture the economic recovery.
In remarks to the Economic Club of New York, Bernanke engaged in a delicate dance.
He made clear Fed policymakers will keep rates at super-low levels. Yet through … Continue Reading
Blog Editor’s Note: If reading this article doesn’t convince you the game is rigged from top to bottom, all I can say is, “enjoy your Kool-Aid.”
 By Jim Puzzanghera
(The Los Angeles Times ) For more than 15.4 million people, the Making Work Pay tax credit enacted as part of the $787-billion economic stimulus package could turn out to be a Making You Pay Back tax credit.
That’s the finding of a government watchdog report out today about the credit, which provides as much as $400 for individuals and … Continue Reading
Recession Springboarding!
By Tommy Jaye
Positioning your business for the economic recovery starts now! It’s no longer “business as usual.” Small business owners and entrepreneurs take notice! Today’s market savvy customer, bruised, wary and somewhat disjointed by the recession, is up for grabs.
To all small business owners and entrepreneurs:
Know this, it’s no longer business as usual. The economic landscape has changed forever and it will never function again as it did in the pre-recession economy. At least we should hope not! Easy credit, over-valued real estate and dot com mindsets (a.k.a Wall Street) were the tailwinds of … Continue Reading
![obamakr[1]](http://www.businessinsider.us/BusinessInsider/wp-content/uploads/2009/11/obamakr1.jpg "obamakr[1]") By David Kerns
(Strategic Cultural Foundation)
“I have no interest in spending all of our time relitigating the policies of the last eight years.… laying blame…. can distract us from focusing our time, our efforts and our politics on the challenges of the future.”
–Barack Obama, speech on national security, delivered at the National Archives, Washington, D.C., May 21st, 2009
It seems President Obama has done as much as humanly possible to avoid prosecution of the many varieties of criminality that flourished in the Bush administration, and the White House … Continue Reading
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