Fiscal Survey of States

I've been working overtime on my soon-to-be-released healthcare book. The problem is that in the editing process, I keep running across new information that I can't help but to add.

Read more  

If You Listen to Economists You Will Go Broke

In my last piece, I think I made it clear that the vast majority of economists are not only clueless, but very dangerous to your financial health. Make no mistake. At best they are broadcasters not...

Read more  

Economists Need to Sit Down and Shut Up

I’m really sick and tired of these economists out there who continue to claim that America will not enter a depression. These are the same bozos that have yet to acknowledge the fact that the U....

Read more  

Is Core Scientific Research in Decline?

In America's Financial Apocalypse (extended 2006 version), I made the case for a trend of declining basic research from core scientific disciplines such as chemistry and physics.  I also not...

Read more  

This is News?

I recently ran across a story that I wanted to show you because I wanted to point out a few things. It was written by the Associated Press, so that means it was syndicated in hundreds of newspapers ac...

Read more  

America's Financial Apocalypse: It's Not Going Away Anytime Soon

For many years now we’ve all seen the reckless use of taxpayer funds by Washington. This irresponsible and unaccountable waste of tax dollars has been particularly prominent during President...

Read more  

Gauging Bernanke's Propaganda vs Doomsday Con Men

As I correctly identified a couple of months ago, the propaganda campaign by the media, Washington and Wall Street has been very strong and continues to grow each day. It's been so effective that...

Read more  

The Housing Mess the Experts Missed

The latest data on housing continues to worsen on most fronts.  See here and here.   In fact, the data is now showing strong indications of bold predictions I mad in 2006 and as recent......

Read more  

Games Washington Plays. Trick #4: Off-Balance Financing

Deficits, Debt and Excess Consumption As you may recall, in February 2008 President Bush unveiled a whopping $3.1 trillion budget that boost military spending and reduced health benefits for retire...

Read more  

Games Washington Plays. Trick #3: Employment Data

The government and related agencies are responsible for reporting the nation’s economic data. Thus, they’re in the driver’s seat to manipulate this data, while dumping so much of...

Read more  

Games Washington Plays: Trick #2, GDP Delusions

I continue where I left off – discussing just a few of the ways Washington tries to fool us by its misuse and manipulation of data. Washington likes to remind critics that Americans enjoy the hi...

Read more  

Games Washington Plays. Trick #1: Hedonic Pricing

For all of you out there who listen to economists and think they know what’s going on, hopefully you will begin to realize that the official data you see is nothing but an illusion after you rea...

Read more  

Another Victim of America's Ponzi Scheme Economy (Part 1)

As of yesterday, Lear Corp., an auto parts supplier for the "Little 3" joined the list of others who have been victimized by the collapse of America’s Ponzi scheme economy. 

Read more  

Another Victim of America's Ponzi Scheme Economy (Part 2)

Today, America’s “New Economy” is based exclusively on services - primarily financial and technology-based services, with a whole slew of attorneys and consultants to...

Read more  

More Propaganda from Kudlow

In case you don’t know who Larry Kudlow is, he’s one of the CNBC hacks who continued to claim the economy was strong though most of 2008. Kudlow epitomizes the word hack. His track recor...

Read more  
0:00
0:00