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.
Home Sales Surge... Don't Get too Excited - 2010-10-25
"It does appear that home price declines are now accelerating"
When Unemployment Benefits Run Dry - 2010-10-25
"The economic jam we're in has topped even the Great Depression..."
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.
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.
Housing Disaster: Leaving Las Vegas - 2010-10-22
"Nowhere has the combined housing boom/bust been more severe than in Las Vegas..."
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.
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."
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..."
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."
Will the Fed Cause Civil Unrest? - 2010-10-20
"Bernanke is throwing Granny and Grandpa down the stairs - on purpose."
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.
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.
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.
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.
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"
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."
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.
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.
The Counterfeit Recovery - 2010-10-18
"The best hope we have right now might be a very successful counterfeiter"
The Last Resort Of A Dying Economic System - 2010-10-18
U.S. Beggars and Hangers-On in a World of Social Instability...
How to Solve the U.S. Liquidity Trap - 2010-10-18
"Such a move would be in addition to a fresh asset purchase program..."