Tag Archives: GDP

Housing Market Slowing Quickly, Again

by Mike McCune —   Scandals, wildfires, Syria and the looming implementation of the Affordable Health Act continue to dominate the news. The economy has been pushed to the back burner. Big mistake for America.   If you think things are … Continue reading

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Fed plans Forceful non-traditional actions

By Craig Masters Recovery slope for US is still rising Friday, as expected, Ben Bernanke announced that the Fed would need to take action to adjust the markets. Analysts who study the language of the Bernankes of the world so … Continue reading

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The Rant: Baby Boomers Present Huge Challenges for U.S. Economy

by Mike McCune —   Far too often in these degenerate days what passes for research is skewed because the research is biased towards the the outcome favored by entity funding the operation and the education given the researchers. As … Continue reading

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The Rant: “U.S. in Wonderland” Or Going Down the Rabbit-Hole

     by Mike McCune   The stock markets continue to soar in early 2012–allegedly from sterling reports, European countries are finding buyers for their debt and the U.S. is peddling its debt with remarkable ease at very low interest … Continue reading

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(This is the 3rd in a series of articles designed to shed some light on why the economic recession has defied expert projections of a recovery and continues on its path to collapse.)

    It is amusing to listen to the dire saber rattlings coming from Moody’s and Standard and Poor’s about a threatened downgrade of the U.S. dollar by those two rating agencies. They can threaten until the cows come home … Continue reading

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This is the second part of a series exploring why the shaky global economy continues to defy experts and remains on the path to collapse. Today’s subject centers around how the European Union was snookered into accepting debt-ridden Greece.

    The U.S. recession was supposedly triggered by the Lehman Brothers default according to our government experts. Lehman had overextended itself with worthless paper and then, to stave off regulators, hid its worthless paper assets through derivatives and credit … Continue reading

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The Rant

Guest Column By Mike McCune Washington is misreading the mood of the public, not for the first time and most certainly not for the last, but this might be the biggest blunder yet by an Administration and a Congress that … Continue reading

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The Rant

Americans have been told by the national government that the recession ended in June 2009. Last month the Department of Labor proudly announced its unemployment measure had dropped to 9% and the Administration hailed this as proof its’ economic plan … Continue reading

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Some good coming out of the Haitian earthquake

In the middle of the cleanup following the destructive Haitian earthquake, some good is coming out at last. A recent release from the United Nations reported “world leaders” admitted they made a mistake in “providing food and other necessities of … Continue reading

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