Archive for March, 2011

Wal-Mart Says “Serious” Inflation Is Coming

Wal-Mart Says “Serious” Inflation Is Coming

Thank you Ben Bernanke for all the money printing.  Thanks to a massive injection of cash into the financial system by the Federal Reserve and other central banks, the price of almost every major commodity has skyrocketed over the past six months.  Now those price increases are starting to filter down to the retail...
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Is Fukushima About To Blow?

Is Fukushima About To Blow?

Conditions at the Fukushima Daiichi nuclear plant are deteriorating and the doomsday scenario is beginning to unfold. On Sunday, Tokyo Electric Power Co. (TEPCO) officials reported that the levels of radiation leaking into seawater at the Unit 2 reactor were 100,000 times above normal, and the airborne radiation measured 4-times higher than government limits....
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19 Reasons Why The Federal Reserve Is At The Heart Of Our Economic Problems

19 Reasons Why The Federal Reserve Is At The Heart Of Our Economic Problems

Most Americans do not understand what the Federal Reserve is or why it is at the heart of our economic problems.  When Americans get into discussions about the economy, most of them still blame either the Democrats or the Republicans for inflation, for the housing crash, for our rampant unemployment and for the national...
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Wow That Was Fast! Libyan Rebels Have Already Established A New Central Bank Of Libya

Wow That Was Fast! Libyan Rebels Have Already Established A New Central Bank Of Libya

The rebels in Libya are in the middle of a life or death civil war and Moammar Gadhafi is still in power and yet somehow the Libyan rebels have had enough time to establish a new Central Bank of Libya and form a new national oil company.  Perhaps when this conflict is over those...
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Hawaii to Keep Prisoners Off-Island

Despite the lofty campaign goal of Hawaii Governor Neil Abercrombie to bring its state prisoners incarcerated in mainland private prisons back home, officials are finding that the infrastructure on the island chain state is not up for the challenge. Sixteen years ago, Hawaii’s prisoners were contracted out of state as a “short-term solution to a...
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