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Iran, OPEC, evil oil companies and hurricanes... oh my! What in the world is driving oil prices? The price we are paying at the pump has never been so high at this time of the year. The media is already speculating that we will be paying $5 at the pump very soon. Since Obama has taken office, the price of oil has risen by over 86%. The media is always coming up with different reasons as to why oil prices rise and fall, and more often than not, they are dead wrong. I will explain to your listeners what is driving the skyrocketing cost of oil. Are there political forces at work? Is it the result of our monetary policy? Is speculation to blame? What about BIG OIL? [more...]
When U.S. Attorney General Eric Holder and U.S. Housing and Urban Development Secretary Shaun Donovan announced the federal government and 49 state attorneys general reached a $25 billion agreement with the nation's five largest mortgage servicers to address mortgage loan servicing and foreclosure abuses, something is definitely happening on Shakedown Street. This is nothing more than the Feds holding a gun to the head of the largest banks and telling them to empty their pockets. [more...]
Did you see President Obama's new 2013 budget? It's filled with $1.5 trillion in tax increases for the rich. It appears that the president and his leftist cabal believe we are all stupid. They believe if you tell enough lies, the lies become fact. They spend all day, every day, trying to convince Americans that taxes on the rich are too low. The reality is taxes are not low at all. If you think they are, you've either been brainwashed or you aren't paying taxes. The truth is: The taxes are too damn high. [more...]
By Christopher Markowski
The mainstream media could hardly hold back their glee with the January jobs report released by the Bureau of Labor Statistics, which showed our unemployment rate dropping to 8.3%. Hold the Dom Perignon! The numbers are not what they seem. In a report worthy of Soviet Central Planning, a record 1.2 million people “disappeared" from the labor force last month. The labor participation rate is now down to a fresh thirty year low. When looking at the internal numbers even closer, it actually gets worse. Do any of the candidates have the right stuff on job creation?
Are we becoming slaves of the financial institutions that gamble with our money? Are we rolling over and play dead when Chinese, German and other banks come asking for money that they loaned us so easily? No, my friends, we should not. Let’s have judges and justice departments all over the globe check in the cloudy and murky waters of the hedge funds. Let's demand from our politicians, left and right, to return to the kind of legislation that did NOT allow banks to gamble, but to simply keep our deposits in TRUST, secure and safe. [more...]
The USA is now ranked 10th in the world in business competitiveness, and in economic freedom, falling behind countries such as Chile and Mauritius. In 2008, I was furious at the fact that we were ranked 5th in the world and offered free market ideas to turn the nation around. Instead we took a sharp left turn. We are now fast becoming a socialist state that takes a back seat to ridiculous government spending that is turning us into a Nanny State. Chris We must change our course immediately lest we go into a socialist death spiral that will be almost impossible to reverse.
2012 will be the most interesting, significant, exciting, and frightening year in U.S. and perhaps world history. The EU economic collapse will accelerate. Not only are most major European banks insolvent but so are entire EU countries. Eventually this will lead to a massive European economic depression, which will eventually lead to the breakup of the EU and the end of the euro. [more of Wayne's 2012 predictions here...]
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