• Oct 10, 2009

In my last piece, I think I made it clear that the vast majority of economists are not only clueless, but very dangerous to your financial health. Make no mistake. At best they are broadcasters not...

• Oct 07, 2009

I’m really sick and tired of these economists out there who continue to claim that America will not enter a depression. These are the same bozos that have yet to acknowledge the fact that the U....

• Oct 06, 2009

In America's Financial Apocalypse (extended 2006 version), I made the case for a trend of declining basic research from core scientific disciplines such as chemistry and physics.  I also not...

• Sep 27, 2009

I recently ran across a story that I wanted to show you because I wanted to point out a few things. It was written by the Associated Press, so that means it was syndicated in hundreds of newspapers ac...

• Sep 19, 2009

For many years now we’ve all seen the reckless use of taxpayer funds by Washington. This irresponsible and unaccountable waste of tax dollars has been particularly prominent during President...

• Sep 16, 2009

As I correctly identified a couple of months ago, the propaganda campaign by the media, Washington and Wall Street has been very strong and continues to grow each day. It's been so effective that...

• Aug 14, 2009

The latest data on housing continues to worsen on most fronts.  See here and here.   In fact, the data is now showing strong indications of bold predictions I mad in 2006 and as recent......

• Aug 02, 2009

Deficits, Debt and Excess Consumption As you may recall, in February 2008 President Bush unveiled a whopping $3.1 trillion budget that boost military spending and reduced health benefits for retire...

• Jul 31, 2009

The government and related agencies are responsible for reporting the nation’s economic data. Thus, they’re in the driver’s seat to manipulate this data, while dumping so much of...

• Jul 28, 2009

I continue where I left off – discussing just a few of the ways Washington tries to fool us by its misuse and manipulation of data. Washington likes to remind critics that Americans enjoy the...

• Jul 27, 2009

For all of you out there who listen to economists and think they know what’s going on, hopefully you will begin to realize that the official data you see is nothing but an illusion after you rea...

• Jul 08, 2009

As of yesterday, Lear Corp., an auto parts supplier for the "Little 3" joined the list of others who have been victimized by the collapse of America’s Ponzi scheme economy. 

• Jul 08, 2009

Today, America’s “New Economy” is based exclusively on services - primarily financial and technology-based services, with a whole slew of attorneys and consultants to...

• Jun 28, 2009

In case you don’t know who Larry Kudlow is, he’s one of the CNBC hacks who continued to claim the economy was strong though most of 2008. Kudlow epitomizes the word hack. His track recor...

• Apr 24, 2009

I ran across an interesting story about how Japan is using a somewhat innovative approach to deal with its own symptoms of what will eventually be recorded in history books as the global depression....