Wealth Wire Archives
Economy ArchivesWalmart Black Friday ad leaked - 2010-11-15
After Black Friday ads for Best Buy and Target were leaked...
The Great MERS Whitewash Bill - 2010-11-15
MERS, a system for tracking ownership of home loans as they move from mortgage originator through the financial pipeline to the trusts set up when mortgage securities are sold, is being hit with lawsuits.
$100 Oil is on its Way - 2010-11-15
Its drive to curb energy use is exacerbating a shortage of diesel...
The Verdict Is In: They Hate It - 2010-11-15
Even as Barack Obama and Ben Bernanke publicly defend it...
Government Stupidity: 12 Regulations too Bizarre to Believe - 2010-11-15
The regulatory horror stories you have to read to believe...
Doomsday for the Euro: Portugal could abandon the euro - 2010-11-15
The Eurozone just took another turn for the worse...
The Employment Numbers Are A Lot Weaker Than You Think - 2010-11-12
This occurs as a result of the distorting effects of two factors...
China Rate Hike Fears Slam Markets - 2010-11-12
"We will all be watching for an announcement tonight."
How the banks can save Bernanke - 2010-11-12
Expert says critics ignore the "crucial role of bank credit creation in funding the economy's expansion"
White House unveils new plan to cut federal deficit - 2010-11-12
To Save $3.8 Trillion, they'll target what could hurt you most...
The New Currency War: Geithner v. Greenspan - 2010-11-12
Former Federal Reserve chief Alan Greenspan and U.S. Treasury Secretary Timothy Geithner, have been going at it lately. Here is what is causing the spat.
Dollar's dominant role in world is questioned... - 2010-11-12
"We have to update the international monetary system for the 21st century," he says.
G-20 refuses to back US push on China's currency - 2010-11-12
The G-20's failure to adopt the U.S. stand has underlined Washington's reduced influence on the international stage. The US failings from the gathering.
Banks warn that being sued by investors could lead to losses - 2010-11-12
The foreclosure crisis has heated up in recent weeks as several major banks halted foreclosures due to improper paper work, and this paper work is causing a wave of investor litigation against the banks.
Courts Helping Banks Screw Over Homeowners - 2010-11-12
Judges are rushing through complex cases to speed foreclosures...
Inflation "under-statement" sparks row in China - 2010-11-12
The Chinese Academy of Social Sciences recently published a report stating that the inflation number has been suppressed by as much as 7%, and while the National Bureau of Statistics counters, they not be telling the whole truth.
Bernanke Speaks: QE2 is Not Inflationary - 2010-11-11
In a recent speech to students at Jacksonville University, Fed chairman Bernanke said that the QE2 is not inflationary. We don't exactly believe him. Here are the facts.
Geithner: US Won't Seek to Weaken Dollar to Spur Growth - 2010-11-11
I get the feeling this is the guy that doesn't get invited to the important meetings
Nobel Prize Winner to Obama: You're Mistaken on Quantitative Easing - 2010-11-11
He's calling on America to learn the art of stimulus from China
The World is Headed for Bankruptcy - 2010-11-11
Brazilian President Luiz Inacio Lula da Silva had some serious remarks on the state and future of the global economy. What he think the richest nations need to do.
Where the Bubbles Are - 2010-11-11
Finance 101 say that the cheaper money is to borrow, the more it makes sense to take a bigger risk with it. Now the speculative juices are running, and prices are climbing, but bubbles could be on the horizon.
Thank You - 2010-11-11
Thank you to the active, the retired, and their families
An uphill battle on plan to cut deficit $3.8T - 2010-11-11
"We're going to take it out on senior citizens..."
U.S. Credit Downgraded... - 2010-11-10
It's painfully obvious that the American dollar is going to be worth nothing in a few years.
Gold Standard: Why it Won't Work - 2010-11-10
It "would just make business cycles more extreme..."