The New Government Death Panels

In a debate about Obamacare, VP candidate Sarah Palin claimed the legislation would create a “death panel” of government bureaucrats who would decide whether Americans (citing her elderly mother and child with Down syndrome) were “worthy of medical care”. It was a highly controversial subject. Whether it is individuals or businesses, the government should NOT be allowed to decide who […]

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Who’s Betting On America?

I read Bill Bonner’s Diary regularly. Bill cuts through the smoke and mirrors, and explain things in understandable, matter-of-fact terms. He recently wrote, Don’t Bet on America. “Never, ever bet against America,” says the Oracle of Omaha (Warren Buffet), perhaps exaggerating. Countries, like individuals, make mistakes. …. It was a bad idea to bet against America throughout most of the […]

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The Fed Always Runs To Save Wall Street

Chuck Butler recently discussed the probability of default of $300 trillion in global debt. Chuck added, “The Fed always runs to save Wall Street.” Why is that? Why not Main Street? The Federal Reserve website outlines their mission: “The objectives as mandated by the Congress in the Federal Reserve Act are promoting (1) maximum employment, which means all Americans that […]

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Keeping Our Wits During Chaotic Times

Times are chaotic! Historically, when chaos reigns and emotions are turbocharged, there are winners and losers. Despite the stress, winners manage to see things clearly and keep their wits about them. Recently we interviewed John Williams at Shadowstats. He said government unemployment and inflation numbers are bogus. He also tells us: – Worst U.S. Economic Activity Ever Reported – Production […]

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