Wealth Wire Archives
Economy ArchivesPresidential Words of Wisdom - 2011-02-22
In honor of President's Day, here are the words of a few of them on money, governance and wealth...
Silver Hits $34, Headed to $100? - 2011-02-21
Gold and silver started the week running, with silver touching a fresh 31 year high at $34. Gold climbed back over $1400.
401(k)s Drastically Lacking - 2011-02-21
Soon-to-be retirees who will rely on 401(k) plans to fund retirement are around 75% short, if they plan to continue their current standard of living.
Banks Unlikely to Pay Fat Dividends Soon - 2011-02-18
Considering the fact that by some measures, big banks are already technically insolvent, I'd say the chance of them paying significant dividends any soon to be... slim
Fox News Admits to Doctoring Ron Paul Footage - 2011-02-18
Fox News has admitted "making an honest mistake" after they aired a doctored video of Ron Paul being booed...
Gallup: The Unemployment Rate is Really 10% - 2011-02-18
Hmmm...Uncle Sam says it's 9%. Somebody has got it wrong.
Treadmill to Nowhere: The Incredible Shrinking Class - 2011-02-16
Here's a copy of the chart of the day. As you might have suspected,the rich get richer while everyone else basically gets to tread water.
Your Life According To The Government - 2011-02-14
A hilarious, cradle to the grave look at your life as seen through the governments eyes...
Ron Paul's CPAC Speech - 2011-02-14
Ron Paul gave a rousing speech at the Conservative Political Action Conference, tackling the debt, U.S. support for puppet dictators like Mubarak, and what it means for American exceptionalism...
Out of Egypt: Protests in America - 2011-02-12
The protests in Egypt should serve as a warning sign to the U.S., with more and more young people finding themselves in debt or jobless, the status quo will only last so long.
Ron Paul: Does Printing Money Really Create Jobs? - 2011-02-11
My report from Mr. Paul's first monetary policy hearing, where I got a good look at the monumental task of reforming, or removing, the Federal Reserve.
Freddie and Fannie: Money Pits No More? - 2011-02-09
The huge(ly insolvent) bottomless pits of money we call Fannie and Freddie are starting to worry politicians. Will they finally get the "Old Yeller" treatment? Not holding my breath.
Underwater Loans Hit the 27% Mark - 2011-02-09
Anybody that thinks housing has reached a bottom needs to have their head examined.
Obama to Rescue States With Debt Burdens - 2011-02-09
Are municipal bonds next on the Fed's buy list? Obama just unveiled a new plan to rescue states burdened with billons of dollars in debt, primarily borrowed from the federal government to pay unemployment benefits.
America's Most Miserable Cities 2011 - 2011-02-08
Forbe's has released its annual Most Miserable Cities in America list, and things are looking awfully grim in California. The Golden State is looking anything but golden...
Millionaires More Likely to Strategic Default - 2011-02-08
Far from the days of the subprime debacle, now even the "good" people are getting squeezed. The difference is the rich are smart enough not to take the loss.
Smells Like Stagflation - 2011-02-08
Is stagflation -- the economist's nightmare -- already beginning?
Shiller on Property Bubbles Past - 2011-02-07
Shiller on the history of property bubbles in the US, and how unprecedented today's housing bubble remains.
Morning in America - 2011-02-07
Our friend Steve Christ talks the Reagan record on the former president's birthday, explaining why it's "Morning Again" in America.
Rosenberg: Jobs Data "Truly Insane" - 2011-02-07
Dave Rosenberg says the latest jobs data are "truly insane". No, not in a good way.
U.S. Debt Headed for a Downgrade - 2011-02-04
Bearish on t-bonds. Downgrades on U.S. debt are necessary and imminent.
Food Stamp Usage Up 14% - 2011-02-04
More than 43.6 million Americans depend on food stamps today, a record level. 19.4% of New Mexico.
Newark Mayor: We Couldn't Cut Enough - 2011-02-03
Another sign of the crunch to come for local, state, and ultimately the U.S. Federal Government.
Ben Davies: Pensions Should Own Gold - 2011-02-03
Ben Davies' on why pensions should own gold, and what it could mean for prices going forward.
Faber: 'We are all doomed in the end' - 2011-02-02
In his latest interview, investor Marc Faber talks inflation, unrest in Egypt, and the short-term boom we're experiencing.