Category Archives: US Economic Recovery

Wednesday is 9/11 retribution day

Congress is set to adjourn this week and not return until after the election. President Obama has officially vetoed the bill allowing lawsuits by families of 9/11 victims to sue the government of Saudi Arabia for its role in funding … Continue reading

Posted in 2016 election, American Politics, Collapse of America, Energy Supply, Global Instability, US Economic Recovery, War in SW Asia / Middle East | Leave a comment

Food prices ARE going down

Dropping food prices isn’t my overactive imagination or a local competitive price war. Bloomberg reports that retail food prices have dropped 5%. While some of that is due to increasing competition, it is mostly due to energy being a major … Continue reading

Posted in 2016 election, American Politics, Collapse of America, US Economic Recovery | 1 Comment

Broad Selloff

No, not Hugh Hefner or Melania Trump There have been lingering rumors that Deutsche Bank in Germany is on the verge of collapse. North Korea exploded another nuclear bomb. Hillary has a glint in her ear. The Congress is ready … Continue reading

Posted in Collapse of America, Collapse of the EU, Free Trade, Global Instability, US Economic Recovery | 5 Comments

Coming to a money market near you…

Bloomberg reinforces that interest rates are controlled by global banks, not the US Federal reserve discount window Get ready for a surge in LIBOR Money Market funds have been in a bind since the 2008 panic. When Lehman failed, money … Continue reading

Posted in American Politics, Collapse of America, Global Instability, US Economic Recovery | 1 Comment

No Β₯en for the dollar

The world doesn’t want dollars. Who could blame them? For several years the Federal Reserve has been convincingly indecisive about what it wants to do. We have the simmering conflict in Syria, unfinished business in Iraq and Afghanistan, Russia warming … Continue reading

Posted in Collapse of America, Global Instability, US Economic Recovery | Leave a comment

The lie of “peak oil”

The financial times of London is reporting the results of a global survey of oil reserves http://www.ft.com/cms/s/0/7525f1dc-41d6-11e6-9b66-0712b3873ae1.html The report estimates the world’s oil reserves at 2.1 trillion barrels, which is 70 years of production at current levels. In 1979, President … Continue reading

Posted in Energy Supply, Global Instability, US Economic Recovery | 8 Comments

The sky is falling!

While you were sleeping, George Soros declared the world’s financial system would implode today. This is the index futures – they trade before the markets open and generally indicate where prices are headed at 9:30 ET. The futures can also … Continue reading

Posted in Collapse of the EU, Energy Supply, Global Instability, US Economic Recovery, War and not War | 8 Comments

Walmart: Made in America

Dirk Van did his callin portion of the show about the announcement that Walmart has pledged to buy $250 billion more in goods made in the United States over the next ten years. Beyond the preposterous government like claim of … Continue reading

Posted in Collapse of America, US Economic Recovery | 5 Comments

Quiznos Subs launches pasta dishes, prepares for bankruptcy

http://www.denverpost.com/business/ci_25241309/quiznos-preparing-file-bankruptcy-protection Between the government push for “healthy” food, Obamacare and pressure for a $5 minimum wage, fast food for the masses is a risky business. I think I’ve been in a Quiznos twice. They used to advertise on radio – … Continue reading

Posted in Collapse of America, Obamacare, US Economic Recovery | 38 Comments

Trails to Rails

You may have noticed there is a blog category of “Trails to Rails”. It wouldn’t be shocking if you thought that was a typo. πŸ˜‰ As the United States has deliberately been weakened by deindustrialization, one marker of “Progress” by … Continue reading

Posted in American Politics, Energy Supply, Trails to Rails, US Economic Recovery | 26 Comments