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    1. OneShotFOGE

      Economics 101 in Gartman This Morning

      Pennsylvania Secretary of Public welfare has put out a slide showing how the state’s assistance programs have become a very real disincentive: The single mom is better off earning gross income of $29,000 with $57,327 in net income and benefits [paid] than to earn gross income of...
    2. R

      Currency Wars Will Lead to a World War: Gerald Celente

      Currency Wars Will Lead to a World War: Gerald Celente Another one crying "Wolf"? Any substance to his logic of History repeating itself? Currency Wars Will Lead to a World War: Gerald Celente | Daily Ticker - Yahoo! Finance
    3. OneShotFOGE

      Collapse - documentary featuring Michael Ruppert about pending economic collapse

      http://www.youtube.com/watch?v=G7WLCEUi7vk This video is a few years old but its really interesting so I wanted to post it here. Has anyone watched this? Its very insightful, and Michael Ruppert, who has some CIA background, has predicted a lot of events that are beginning to unfold such as the...
    4. GBuck

      Olive Garden, Red Lobster and Papa John's

      Olive Garden, Red Lobster, Papa John's and one major Aplebee's Franchisee have already announced that they will either be drastically cutting hours available to non-exempt (hourly) employees or not hiring any new employees at all. I seem to remember many of us saying the negative impact...
    5. rambone

      National Debt Approaches $16.4 Trillion Debt Ceiling

      The debt ceiling will be raised again before the end of 2012. :coffee: Debt Ceiling Likely to be Raised Without Fanfare This Time Greenspan: Notion of Debt Ceiling Makes No Sense
    6. rambone

      Jan-2013: FDIC Stops Fully Insuring Deposits. Bank run?

      Thoughts on this? Could there be a run on banks? US Bank Run Imminent as FDIC Expanded Deposit Insurance Ends Dec 31st
    7. smokingman

      Good quote from Mitt Romney on how it will all collapse.

      This was part of the same recording where he talked about 47% of voters being dependent on the government(actually around 68% if you include military spending and all federal employees). Romney: "[The] former head of Goldman Sachs, John Whitehead, was also the former head of the New York...
    8. buckstopshere

      US Credit Rating Downgraded...Again

      Moody will be following suit in the coming days. The Fed is tanking the dollar folks. Hard assets are where it's at. QE3 Sparks U.S. Credit Ratings Downgrade From Egan-Jones | Fox Business
    9. Kirk Freeman

      Over 200 T in Unfunded Treats: Death Spiral on Horizon?

      An unsettling article regarding Richard Duncan's prognosis of an economic death spiral regarding the United States' Welfare State. Economist Richard Duncan: Civilization May Not Survive 'Death Spiral' - Money Morning
    10. Z

      6 trillion printed in 4 years

      What could possibly go wrong? News Headlines
    11. rambone

      CBO: By 2020, interest payments will exceed budget deficit; $778 Billion / year

      Net interest on the national debt will be $778,000,000,000 per year and rising in 2020... 8 years away. By 2020 Interest Payments Will Be Greater Than The Budget Deficit | ZeroHedge
    12. Doug

      The REAL Coming Apocalypse

      We have several million people in this country totally dependent on government for their existence. Many or most of them do not and cannot see any other way to live. When, eventually, the economy can no longer support them in the style to which they have become accustomed, they will become...
    13. R

      CBO Solution to Budget Crisis – Everyone Bend Over!

      CBO Solution to Budget Crisis – Everyone Bend Over! Holy crap, no tax deductions! CBO Solution to Budget Crisis – Everyone Bend Over!
    14. R

      Fed's Latest Easing Could Cost $1 Trillion: Economists

      Fed's Latest Easing Could Cost $1 Trillion: Economists Now you know why the maket has been on a tear. I suppose you will be OK as long as you have a decent size 401K account. Fed's Latest Easing Could Cost $1 Trillion: Economists - Yahoo! Finance
    15. cqcn88

      Good for a laugh

      http://www.youtube.com/watch?v=NOzR3UAyXao&feature=related
    16. jedi

      Gov avoid shutdown (again!!)

      Senate OKs $1T budget bill, payroll tax cut - Yahoo! News Since Congress for the "who know how many, too many to count" time failed to pass a budget for 2012 (they did not pass one for FY2011, we are now in FY2012 with no budget and they should be working on the FY2013 on but are not) they...
    17. melensdad

      US Debt vs Family Debt ~ simple view of our problem

      Here is a simple way to look at the current US debt. • U.S. Tax revenue: $2,170,000,000,000 • Fed budget: $3,820,000,000,000 • New debt: $ 1,650,000,000,000 • National debt: $14,980,000,000,000 • Recent budget cut: $ 38,500,000,000 Remove 8 zeros and pretend it’s a household budget...
    18. rambone

      Ron Paul Plan: $1T cut, kill 5 departments, & presidential pay = $39K

      Ron Paul is issuing a bold new plan to get the Federal budget balanced in his 1st term. His 1,000,000,000,000 - 5 - 39,336 Plan will: zero foreign aid eliminate 5 cabinet level departments (Energy, Education...) bring the troops home eliminate capital gains taxes eliminate dividend taxes...
    19. R

      10 Scary Numbers Out Of Europe

      10 Scary Numbers Out Of Europe It took the FEDs TARP + QE of about 10 trillion dollars to prevent the total collapse of US financial system about 2 years ago. Anyone cared to guess what it will take to stop the European contagion? Fading The Rally: 10 Scary Numbers Out Of Europe - Seeking Alpha
    20. CalebToNowhere

      Anonymous to Erase NYSE from Internet

      Supposedly this is going down October, 10th. How in the world would they pull something like that off? Anonymous Threatens to 'Erase NYSE from the Internet' | News & Opinion | PCMag.com
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