The Dow Jones Industrial Average has hit all time high and free market economists are saying that it is a direct result of the massive Quantitative Easing (money printing) that the Federal Reserve has been doing in a futile attempt to rescue the economy. Bank stocks such as JPMorgan and Citi also hit 52 week […]
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DHS purchases 2700 armored vehicles: is the government preparing for an economic collapse?
The Department of Homeland Security has recently purchased 2700 armored vehicles for use by local police departments. This follows the recent DHS purchase of more than 1.6 billion rounds of ammunition. Mark Dice speculates in the below video about the possible reasons for these preparations. Does the government expect a complete collapse of America or […]
Video: A quick history of war, OPEC and gas prices by LearnLiberty
LearnLiberty has published a 2:13 video titled “A Quick History of War, OPEC, and Gas Prices.” The interesting video takes a look at all of the major events, such as the formation of OPEC, the Iraq Wars, United States price controls, the Yom Kippur War and many other important dates. Enjoy the video.
Did the sequester cost ‘over 170 million jobs’? Maxine Waters says it will
The $85 billion in the reduction in automatic spending increases took into effect on Friday, despite President Barack Obama and the Democratic leadership attempting to scrap it because it’s, simply, “dumb.” Well, the sequester is so bad to some that it could cause to job losses of more than 170 million, according to California Democratic […]
Peter Schiff: Bernanke Fed bluffing on exit strategy, dollar collapse inevitable
In a new video blog, Peter Schiff explains why the chairman of the Federal Reserve almost comes clean on his lack of an exit strategy to his massive monetary stimulus. There is no way the Fed can stop printing as it has created an unsustainable economy which is now dependent on cheap money. The only […]