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EU summit wants more austerityBy Peter Schwarz 14 March 2013The summit attended by 27 leaders of the European Union in Brussels tonight resembles a besieged fortress. Several of the participants are on their way out of office because the massive opposition to the austerity measures of the European Union has stripped away their electoral base. Italy will be represented by Mario..

Bernanke’s money printing continues to boost economy but inflation loomsMarch 14, 2013 By Stephen Otto Leave a CommentThe Federal Reserve’s easy money policies continue to boost the stock market, employment numbers, and housing market. The Dow made another all time high for the ninth day in a row. But with this Fed manipulated boom, inflation in consumer goods will soon in..

Is the financial collapse of Detroit the future for the United States government?March 14, 2013 By Stephen Otto Leave a CommentThe city of Detroit can be thought of as a microcosm of the United States in many ways. It is grand central of Democratic socialism with its endless tax and spend policies and labor union politics. Once the center of industry in the United States, the ..

US budget debate targets Social Security and Medicare14 March 2013Just two weeks after the start of $1.2 trillion in “sequestration” budget cuts, the burden of which is already being felt throughout the country, the Democrats and Republicans are moving on to their next order of business: a coordinated attack on the core federal health care and retirement programs. While th..

Obama: 'There is no debt crisis'Get short URLPublished time: March 14, 2013 16:23Barack Obama (AFP Photo / Mandel Ngan)Share on TumblrTrends US debt crisisTags Crisis, Economy, Obama, Politics, USAThe United States is roughly $17 trillion in debt, but President Barack Obama says there’s no reason to worry. Speaking with ABC News correspondent George Stephanopoulos this week,..

Video: What is the future for the price of gold and should you buy?March 14, 2013 By Stephen Otto Leave a CommentPeter Schiff of Euro Pacific Precious Metals gives his long-term forecast for the price of gold in his latest video. Schiff warns that the recent increases in the stock market and improved job numbers are no reason to not worry about buying gold and silver. The unde..

Technocracy Comes To AmericaBy Devon DBGlobal Research, March 14, 2013Region: USA 22 19 1 43It has been known for quite some time that technocratic governments had taken hold in Europe, with the most prominent examples being in Greece, where “Lucas Papademos, a former vice president of the European Central Bank, interim prime minister of a unity government charged with preve..

Obama's Big Bank MafiaWhy Banks can Break the Law, and You Can'tlike +2 (0) dislikeBy Jeff Siegel Thursday, March 14th, 2013 So it looks like Obama's SEC nominee thinks that the bankers responsible for the global economic implosion are “too big to jail.” Unreal. Check it out. . . Media / Interview Requests? Click Here. http://www.wealthdaily.com/articles/obamas-big-bank-ma..

Economist: Cut government budget by 98% or risk complete economic collapseMarch 13, 2013 By Stephen Otto 1 CommentIn an interview with the International Speculator, Doug Casey, a renowned investor and economist, gives his policy prescription for fixing the economy if he was the president. It may sound drastic but it is what is really needed if we are to avoid an economic colla..

Egypt: economic collapse would be devastating, AshtonPressure for IMF package, human rights concerns13 MARCH, 19:50 BackBackSendScrivi alla redazioneSuggest(ANSAmed) - STRASBOURG, MARCH 13 - The consequences of an economic collapse in Egypt would be devastating and Europe cannot allow this to happen, EU foreign policy chief Catherine Ashton said Wednesday at the European Parli..