On Wednesday, March 14, 2012, I got a call from my accountant that all of my paper work for filing my 2011 tax returns (both state and federal) had been completed and was on its way to be reviewed by me and then signed and sent off to the proper state agency and the IRS. The paper work arrived on Friday, March 16. I was pretty sure that my refund Read More ...
“The United States holds only 2% of the planet’s proven oil reserves.” — President Barack Obama For some time now President Obama, in speech after speech, has made it a point to proclaim the United States contains only 2 percent of the planet’s proven oil reserves. So, is this a case of ignorance or duplicity? First allow me to say that by ignorance I mean, he simply doesn’t know. And Read More ...
America is losing wealth far faster than any other nation on earth is. In fact, since the mid-1970s there has been a transfer of wealth of almost 8 trillion dollars from the United States to the rest of the world. Sadly, most Americans have no idea what is happening. Most of them are completely unaware that America is being transformed from a wealthy nation into a poor nation at breathtaking Read More ...
TOPEKA, Kan. — This morning’s jobs report was only a token sign of progress for the economy, Rep. Ron Paul (R-Tex.) said at a campaign event here Friday. Speaking to a crowd of several hundred supporters at the Topeka Performing Arts Center, Paul contended that the actual unemployment rate is much higher than today’s report would suggest. “You know what the unemployment rate really is? It’s probably closer to 20 Read More ...
Today acclaimed money manager Stephen Leeb told King World News that investors need to prepare for $6 per gallon gasoline, instead of the $5 we are currently seeing. Leeb also said tremendous inflation will cause gold and silver to begin a major surge to the upside which will take both of them to new highs. Leeb is Chairman & Chief Investment Officer of Leeb Capital Management. Here is what he Read More ...
In a shocking article published in Reuters, Felix Salmon confirmed what the so-called conspiracy theorists have said all along: former Secretary of the U.S. Treasury Hank Paulson was giving insider tips to his cronies at Goldman Sachs and other Wall Street titans which directly benefited them. The article is entitled, “Hank Paulson’s Inside Jobs,” emphasizing the fact that this wasn’t some one-off lapse of ethics on Paulson’s part, but instead Read More ...
Michael Snyder: What would happen if the Federal Reserve was shut down permanently? That is a question that CNBC asked recently, but unfortunately most Americans don’t really think about the Fed much. Most Americans are content with believing that the Federal Reserve is just another stuffy government agency that sets our interest rates and that is watching out for the best interests of the American people. But that is not Read More ...
With investors globally wondering what central planners are up to next and how it will impact gold, today the Godfather of newsletter writers, Richard Russell, was discussing this very subject: “A few months ago I wrote a piece about avoiding pain in the economy. How do we do it? We do it by turning away from austerity and embracing inflation. And the question — will the inflationary method of avoiding Read More ...
Suppose that I promised to give you free chocolate for the next three years: How much chocolate would you eat today? A pound? Half a pound? A few ounces? Or would you not eat any chocolate at all, once I made the announcement? After all, you’re going to have free chocolate for the next three years—seems silly to gorge on chocolate today, when you can have as much as you’d Read More ...
The most prominent candidate for the GOP nomination is former Massachusetts Governor Mitt Romney. He’s a prolific fundraiser and enjoys widespread name recognition, and he’s the darling of the GOP establishment. George Will lists him as one of the few serious presidential candidates. But should Romney be the GOP’s presidential nominee? The answer is “absolutely not.” Although there is no “perfect conservative,” and although conservatives have serious issues with every Read More ...
