Prior to the Labor Day long weekend, Peter Schiff had former Texas Republican Congressman and three-time presidential candidate Ron Paul on his radio show, who actually turned out to be his final guest. The two men discussed an array of topics from the Federal Reserve to Iraq, from the IRS to Rick Perry, in the […]
Archives for September 2014
Study: Medical debt exceeds emergency savings for a quarter of Americans
Many Americans today are suffering from the strangleholds of medical debt. In fact, a large number of Americans have more healthcare debt than they have emergency savings, which doesn’t bode well for their future or for their overall health. According to a new Bankrate.com survey, one-quarter of Americans have more medical debt than emergency savings. […]
Federal Reserve Official: We need more inflation, interest rates are too high
The United States needs more inflation, interest rates are too high and the Federal Reserve should be doing a lot more than it is currently doing. These are the actual words of one Federal Reserve official. What may seem like a snide remark made in jest actually turned out to be a genuine comment purported […]
5 biggest spenders in 2014 U.S. election
The mid-term elections are upon American voters. The electorate will be inundated with political ads, doorbells and phony smiles from political incumbents, upstarts and those attempting to bribe you with your own money when in government. In the U.S., it is widely known that if you want to get ahead politically then you have to […]
ECB surprisingly cuts rates, launches eurozone stimulus programs
The European Central Bank (ECB) surprisingly reduced all of its interest rates Thursday and confirmed that it would be launching two new stimulus programs aimed to reinvigorate the fledgling eurozone economy, a move that appears to be from the playbook of certain past Federal Reserve Chairmen. ECB president Mario Draghi said that he has slashed […]