Tag "Ben Bernanke"
Back to homepageChart shows stock-market not at new highs
With the stock market soaring again, it seems that happy days are here again for the economy. Except a new Chart of the Day shows that the Dow Jones Industrial Average, when charted against the price of gold — the
Read MoreMiddle class fading away…
The middle class in California and the rest of America keeps fading away under assaults from Republicans and Democrats, Presidents Bush and Obama, Govs. Schwarzenegger and Brown. The latest from AP: “Since 2008, the number of people who call themselves
Read MoreJim Rogers: big recession coming
As regular readers of this site know, I’ve long pointed out that recessions hit every 4-6 years. The last one began in Dec. 2007. That’s almost 6 years ago, so we’re due. Here’s a YouTube of famed investor Jim Rogers.
Read MoreU.S., CA could be hit by Federal Reserve potential massive loss
Feb. 28, 2013 By Chriss Street Last week in my article here, “Misery Index about to soar in CA, US,” I warned that a rise in a combination of inflation and unemployment, known as the Misery Index, could “distort financial markets.”
Read MoreBernanke’s QE3 slamming California economy
Sept. 17, 2012 By Wayne Lusvardi Those desperately in search of a cure for cancer will often try apricot pits bought in Mexico, exotic herbs or light therapy treatments. None has been proven to be effective. In an action with
Read MoreCalifornia on the Peso Standard?
MAY 9, 2011 By JOHN SEILER Californians keep looking for ways to boost our economy, which also would bring in more revenue to the state government. The Legislature still is struggling with a budget deficit of about $15 billion, after
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