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OBAMACARE IMPACT: THE REAL STORY

The Congressional Budget Office has spoken:  Obamacare to cost over 2 million American jobs, at a time we can least afford it.  The news media has finally connected the dots as to where we are headed.  … Read More

THE FED, THE END OF STIMULUS, AND THE END OF THE DOLLAR

Unfortunately, it’s starting to happen… The Federal Reserve is now in the throes of unwinding it’s unprecedented monetary stimulous (i.e. money printing), and it’s hitting developing markets severely.  Brazil, Argentina, Russia, and other developing markets are … Read More

CONSUMER CONFIDENCE DOWN, GOLD MELTDOWN, AND NOW THE HORRIFIC TERRORIST ACTS AT THE BOSTON MARATHON? IS THE ECONOMY STRONG ENOUGH TO ABSORB THE SHOCK?

The terrorist acts at the Boston Marathon were reprehensible, performed by a coward, or group of cowards and aimed at doing damage to so-called “soft targets”.  Let’s ditch the political correctness and call it what it … Read More

ROMNEY AND OBAMA SQUARE OFF IN POLLS. CAN EITHER FIX THE ECONOMY?

Trillions upon trillions of new debt.  High unemployment.  Anemic growth. Let’s face facts:  THE WORLD IS IN SHAMBLES.  Unfortunately for all of us, neither Romney, Obama, or resurrecting Ronald Regan from the afterlife will solve the … Read More

ST. VINCENT’S HOSPITAL IN MANHATTAN CLOSED; ON VERGE OF BANKRUPTCY

BY Matthew Lysiak and Samuel GoldsmithDAILY NEWS STAFF WRITERS Saturday, April 10th 2010, 3:10 PM Willens/AP Pedestrians file past the emergency entrance at St. Vincent’s Hospital in New York, which has closed due to a financial … Read More

EX-NBA STAR COLEMAN FILES FOR BANKRUPTCY

FoxSports Former National Basketball Association No. 1 draft-pick Derrick Coleman, who filed for Chapter 7 bankruptcy protection last month, says he owes his creditors nearly $4.7 million, The Wall Street Journal’s Bankruptcy Beat blog reported Friday. Former National Basketball … Read More

THE WORLD AS WE KNEW IT… THEN AND NOW

Unfortunately for most of us in the world, midsummer 2007 will likely be the turning point from the “good ol days” of yesteryear to the mess we have on our hands now. Before summer ’07, things … Read More

JAPAN NUCLEAR MELTDOWN FEARS. FINANCIAL MELTDOWN MAY BE WORSE

The recent earthquake and tsunami in Japan has wreaked havoc on Japan’s infrastrutcture and economy.  And the aftershocks are still being felt.  Not only are there geophysical aftershocks to deal with, but aftershocks in the Japanese … Read More

OBAMA’S STATE OF THE “ONION” LEAVES JOBS/EMPLOYMENT LAYER UNPEELED

Although I am not in the least an Obama fan (I am being kind here), at least I was happy to see some sense of vision for the future in Obama’s State Of The Union address … Read More

GOOD ‘OL CARTER-ERA STAGFLATION ON THE HORIZON

With oil, clothing, food, and utility prices on the rise, the cost of living is going up for all of us.  Prices at the pump are now topping $3.30, and some analysts see $4 to $5 … Read More

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