Here’s The Problem With This Market Crash…

Henry Blodget Business Insider 8/4/2011

 

Well, it’s deja vu all over again.

For anyone who followed the market crashes of 2000-2002 and 2007-2009–especially the crash of 2007-2009–the 512-point drop in the Dow feels awfully familiar.

And as those market crashes reminded us, the downdrafts can last a lot longer and be a lot […]

Congressman Ron Paul today on CNBC

RonPaul YouTube 8/4/2011

Congressman Ron Paul discusses the debt deal, gold, QE3, inflation and default with CNBC

 

Update: Last night Lou Dobbs interviewed Congressman Paul. It’s a good conversation and Jared Law of The 9/12 Project posted the video in an email, “Ron Paul Slams Debt ‘Super Committee’: ‘Monstrous,’ and Unconstitutional”

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Is Your IRA Going To Be Raided?

Monty Pelerin American Thinker 7/25/2011

The notion of government raiding personal retirement accounts for funds may seem extreme. Perhaps it shouldn’t. Other governments have done it. Argentina did in 2008. Ireland has indicated it might. The worsening financial crisis may eventually move other countries in that direction.

Surely the US would never do so.

Actually, […]

Bernanke Fights Ron Paul In Congress: Gold Isn’t Money

Agustino Fontevecchia Forbes 7/13/2011

Chairman Ben Bernanke faced-off with Fed-hating Representative Ron Paul during his monetary policy report to Congress on Wednesday. The head of the Fed was forced to respond to accusations of enriching already rich corporations while failing to help Main Street, while he was pushed on his views on gold. When asked […]

QE3 not necessary: IMF’s Lipsky

Stanley White and Tetsushi Kajimoto Financial Post 6/8/2011

TOKYO — The Federal Reserve does not need to consider additional monetary policy stimulus as the world’s largest economy is likely to pick up in coming quarters due to growth in exports and disposable incomes, IMF acting chief John Lipsky said on Wednesday.

A slowdown in growth […]

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