Wealth Wire Archives
Economy ArchivesFrench Protesters Call for December 7th Bank Run - 2010-10-29
French activists are calling for a run on banks, as more people are becoming fed up with the global economy. With already 7000 pledging their support, this shouldn't end well.
Fed Ponzi scheme could kill the bond bull market... - 2010-10-28
"Check writing in the trillions is not a bondholder's friend..."
Shiller: End of Tax Credit could Hurt Housing and Banks - 2010-10-27
While previous months for housing have been better, the end of the Housing Tax Credit could sink prices even lower, and put a hurt on big banks.
Obama's Biggest Mistake... - 2010-10-27
The reconfirming of Fed chairman Ben Bernanke, by President Obama, is likely to lead to further problems. QE2 is on the horizon, and so are higher commodity and oil prices accompanied by a further devalued dollar.
When Unemployment Benefits Run Dry - 2010-10-25
"The economic jam we're in has topped even the Great Depression..."
Home Sales Surge... Don't Get too Excited - 2010-10-25
"It does appear that home price declines are now accelerating"
Obama panel may bring end to mortgage interest, child tax deductions... - 2010-10-25
The Obama administration wants to balance the national budget by 2015, and several tax breaks may be on the chopping block. Here's a look at the potential cuts.
Housing Disaster: Leaving Las Vegas - 2010-10-22
"Nowhere has the combined housing boom/bust been more severe than in Las Vegas..."
If It Weren't for Him, We'd be in a Depression - 2010-10-22
Nevada senator, Harry Reid, is having some issues coming into the senate election, even as he boldly claims to have saved us all from a global depression. Here's how close the race looks.
The Washington Post Doesn't Understand How Monetary Policy Works - 2010-10-20
"It's not clear how the Fed will sop up all the extra liquidity it's creating once growth resumes."
Will the Fed Cause Civil Unrest? - 2010-10-20
"Bernanke is throwing Granny and Grandpa down the stairs - on purpose."
Skeptics at the Fed... - 2010-10-20
"The U.S. economy is running near "stall speed," but the Federal Reserve might not be able to boost hiring..."
When Unemployment is Very Likely to Rocket - 2010-10-20
The data gathered by BLS states that unemployment is hovering around 9.5%, but that doesn't include the staggering number of jobless who were not counted. When we see unemployment skyrocketing.
Wall Street May Back Obama in 2012 - 2010-10-20
"They are telling me that they are willing to support him as much as they support a Republican."
Here's What Will Happen at Next Fed Meeting - 2010-10-20
The next meeting for the Fed and the FOMC is coming soon, and at this point you should know what will happen. Here is a speech from governor Elizabeth Duke describing what should be brought up.
Whistleblower Speaks: The Truth Behind Foreclosures - 2010-10-19
Everyone thought that the state of the mortgage and foreclosure crisis was bad; however, if what this whistleblower says is true, everyone will be getting screwed.
Mortgage Mess: They're Seizing Homes Again - 2010-10-19
"Banks cannot afford to be on the front page of the newspapers, and this is an attempt to get in front of the news flow"
Finally: New York Fed Suing Bank of America - 2010-10-19
Two years after the near collapses on Wall Street stemming from mortgage and security fraud, a consortium of institutions is finally taking aim at the biggest offenders.
Jim Rogers: "He Doesn't Know Anything about Economics" - 2010-10-19
Here's a great video clip from Jim Rodgers appearing on Fox business, being critical on Obama. This time he talks gold, silver, commodities, and more.
Wall Street is Screwing Main Street... Again - 2010-10-18
"Wall Street banks are wreaking havoc to come away with outlandish profits at the expense of poor and middle-class people."
The Last Resort Of A Dying Economic System - 2010-10-18
U.S. Beggars and Hangers-On in a World of Social Instability...
Slim Pickens Betting on Commodity Downside - 2010-10-18
Shares of Mexican billionaire Carlos Slim's Grupo Carso have risen 50% on his mining announcement. Why the world's richest man is hedging copper and gold.
A Severe And Violent Sell-Off In Stocks could be coming... - 2010-10-18
It's far too late to prevent the biggest bubble ever... and its collapse.
The Counterfeit Recovery - 2010-10-18
"The best hope we have right now might be a very successful counterfeiter"
How to Solve the U.S. Liquidity Trap - 2010-10-18
"Such a move would be in addition to a fresh asset purchase program..."