“THE BIGGEST CON GAME EVER AND WE ARE THE MARKS” By Gary Kaltbaum- February 24,2013 In plain sight, the con game continues. The con game that creates a crises in order to raise more taxes…the con game that tries and succeeds at scaring the crap out of unwary Americans…the con game that tries to make [...]
Archive for the 'Debt' Category
THE CON GAME CONTINUES
Druckenmiller…Ignore at your own risk!
THE SINGLE MOST IMPORTANT POST I HAVE EVER PUT UP HERE! Everything I have told you for the past couple of years echoed by the best! SOURCE: http://www.zerohedge.com/news/2013-02-21/stanley-druckenmiller-we-have-entitlement-problem-and-one-day-feds-hamster-wheel-wil
Another Schmuck!
Steny Hoyer…just another one who is to blame for where we are and this is how he answers a simple question…with another lie! Source: http://www.mediaite.com/tv/cnbc-anchor-tears-into-dem-leader-who-claims-u-s-has-a-paying-for-problem-not-a-spending-problem/
DON’T WORRY. ALL IS WELL!
The nation’s long-term fiscal outlook hasn’t significantly improved following the recent agreement between Congress and the White House over tax and spending issues, according to a new analysis. The “fiscal cliff” deal, combined with the debt-limit agreement of August 2011, only slightly delays the United States reaching debt-to-gross domestic product levels that would damage the [...]
This had better be a one time contraction or we have the biggest disconnect with markets that we have seen in years. Thank you Ben!
January 30, 2013, 11:16 a.m. ET U.S. Economy Unexpectedly Contracts in Fourth Quarter Private-Sector Hiring Rose by 192,000 in January, ADP Reports By ERIC MORATH and SARAH PORTLOCK U.S. economic momentum screeched to a halt in the final months of 2012, as lawmakers’ struggle to reach a deal on tax increases and budget cuts likely led businesses to [...]
01/07/2013: GARY ON NATIONALLY SYNDICATED INVESTORS EDGE RADIO BROADCAST
JUST LETTING YOU KNOW Let’s back track a little and look at what happened going into this new year. The market looked like it was going to go higher in late-December. And then all the news of the Fiscal Cliff started bringing it down and it looked like it was bringing it down hard. Then [...]
EVERYONE IS NUTS. AND THE PEOPLE DO NOTHING. PLUNDERING IN SPAIN OF THE PEOPLE’S RETIREMENT!
MADRID—Spain has been quietly tapping the country’s richest piggy bank, the Social Security Reserve Fund, as a buyer of last resort for Spanish government bonds, raising questions about the fund’s role as guarantor of future pension payouts. Now the scarcely noticed borrowing spree, carried out amid a prolonged economic crisis, is about to end, because [...]
WHAT A SWEET DEAL! NOT!
The American taxpayers stand to lose billions as General Motors today announced a plan to buy back 40 percent of the company owned by the federal government. “The Detroit automaker said it will purchase 200 million shares of GM stock held by Treasury for $5.5 billion — or $27.50 per share — nearly $2 above the [...]
AND YOU THOUGHT THERE WOULD NOT BE MONETARY REPERCUSSIONS!
WASHINGTON — Your medical plan is facing an unexpected expense, so you probably are, too. It’s a new, $63-per-head fee to cushion the cost of covering people with pre-existing conditions under President Barack Obama’s health care overhaul. The charge, buried in a recent regulation, works out to tens of millions of dollars for the largest [...]
