Archives for October 2012

10 scary facts about the United States debt

It's Halloween!  That means it's time to be scared, but not of monsters and goblins.  Instead, we should be scared of the monsters and goblins over in Washington (or in my case, Ottawa).  These guys have made the nation's finances look terrifying and … [Read more...]

Election 2012 & The Fed: John Jay Myers wants Chairman to have gas, matches

This week-long Economic Collapse News series will feature three candidates vying for a seat in the House of Representatives and Senate.  Each candidate will provide his take on the Federal Reserve, their pick to replace Chairman Ben Bernanke and … [Read more...]

Tom Woods: Citizen, do not question the Fed

I read Tom Woods' blog every day, and gems like this post are a big reason why.  Dr. Woods sums up what a ridiculous infographic called "A Visual Guide To The Federal Reserve" spells out: Check out this graphic on the Federal Reserve. Let me … [Read more...]

Commerce Department finds Americans cut saving to spend more

This type of news never really surprises me anymore.  Since the recession began, I have been doing numerous articles from different sources that cite a paucity of saving, an increase in spending and not enough income generation.  It seems people … [Read more...]

Would you get a tattoo of a politician for $15,000?

ABC News reported late last week that Indiana man Eric Hartsburg got a tattoo of Republican nominee Mitt Romney's logo on the side of his head.  He apparently auctioned off the space of his head for $15,000 and it was paid for by an anonymous … [Read more...]

Election 2012 & The Fed: Senate candidate Daniel Cox wants end to Keynesianism

This week-long Economic Collapse News series will feature three candidates vying for a seat in the House of Representatives and Senate.  Each candidate will provide his take on the Federal Reserve, their pick to replace Chairman Ben Bernanke and … [Read more...]

Germany doesn’t trust the Federal Reserve with its gold reserves

My colleague over at Digital Journal reported on a very interesting story consisting of gold, Germany and the United States Federal Reserve System - these are certainly topics that ECN enjoys. Anyway, the German government had ordered the … [Read more...]

Why milking the rich will never resolve Washington’s debt issues

Part of the presidential campaign rhetoric this election season has been taxing the rich because the United States federal government needs to invest even more money in education, tackle the trillion-dollar-plus budget deficit and make the affluent … [Read more...]

President Barack Obama takes on Ayn Rand in interview

Did President Barack Obama diss legendary objectivist author and philosopher Ayn Rand? The president sat down with Rolling Stone and was asked if he ever read any of Rand's compelling and groundbreaking work (note, "compelling" and … [Read more...]

Does it really matter if Canada’s paychecks are going up?

This week, I reported about a new Statistics Canada report that suggests the average paycheck for a salaried Canadian worker in the month of August was $907.  It noted that it's a 3.6 percent rise from a year ago and the trend shows the earnings are … [Read more...]