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Summers or Yellen

Obama’s replacement for Ben Bernanke as Chairman of the US Federal Reserve has been narrowed down to a two-horse race, between Larry Summers and Janet...

September Chaos Obama Wants $1.6 Trillion More in Taxes

President Obama is already posturing to raise taxes again. He is now calling for $1.6 trillion in tax increases. We are headed into a massive black hole and there...

German Low Wages & Personal Assets

German citizens have not actually benefited from the Euro in personal ways. Among the 17 countries of the Eurozone,  Germany is far behind countries such as Italy,...

The Coming Budget Fights in September

Congress goes on vacation for a month and upon return the fight will be the budget and debt ceiling. Obama is already trying to blame the Republicans for...

Halliburton Pleads Guilty in BP Disaster

Dick Cheny’s Halliburton has agreed to plead guilty to destroying evidence in the BP oil disaster. They have accepted one count of destruction of evidence and...

The Week of 7/22

The Dow has been inching higher but has been unable to reach the major resistance area that we have outlined at the 16000 level. Many markets have reached a...

US Post Office Tracks Everything – 160 billion letters per year are being scanned

When ricin-laced letters were sent to Mayor Michael Bloomberg and President Barack Obama, the FBI used a secret program to track down the sender. It’s called...

European Economy Continues to Implode

The French government plans to pump billions more in aid desperately trying to save the Peugeot factory in Aulay. Hollande refuses to realize that raising taxes...

Throw the Bums Out

The Disapproval Rating of Congress has reached an all time high 83%. This is a historical high and is moving into what our computer has been forecasting that 2016...

India Shuts Down Gold Imports

Indian banks are now required to set aside 20% of all imported gold for export purposes. Gold is now to be held in bonded warehouses and banks may only import...