So what will the massive amounts of printed money feverishly being cranked out do to your family and our country? Remember, we aren’t on the gold standard any more! Glenn Beck illustrates nicely:

Rush Limbaugh and Barack Obama have been embroiled in a bit of a feud…with Obama telling people they shouldn’t listen to what Rush says, and Rush saying what we all know…the crazy spending of our tax dollars is the absolute worst way to fix our economy.
Today in the Wall Street Journal, Rush is [...]

Juan Enriquez is a debt crisis expert. He has dealt with economic collapse in Mexico, Brazil, Argentina, Thailand, and Korea. And now he’s seriously concerned about the U.S.
In his presentation at Pop!Tech 2008, Enriquez stirred the crowd to help craft a prescription to avert the oncoming crisis, stating that “the best chance we [...]

How bad is the global recession? Charles de Trenck, a freight broker at Transport Trackers in Hong Kong says that container shipping rates in many cases have fallen to ZERO. “We have seen trade activity fall off a cliff. Asia-Europe is an unmit­igated disaster.” Shipping journal Lloyd’s List reports that freight brokers in [...]

Well, today’s the day that the electoral college votes for the Presidential election will be counted. The fun begins at 1pm ET, and you can watch it live here. Unfortunately, don’t look for anything to keep Obama from being declared the winner, despite a lot of controversy over his eligibility to hold the [...]

Barack Obama hasn’t even taken office yet, and he’s already backed off of much of the “change” he promised on the campaign trail. The global economic meltdown, accelerated by drunken-sailor spending by the Treasury and the Fed, have made his promised huge hopium plans impossible… at least for now.
The Wall Street Journal reports [...]

My dear Right Soup readers, you’d best sit down, as this one will likely mash your “outrage” button with astounding force. Last month, insurance giant AIG got $153 billion in taxpayer-funded bailout funds…because we were told if AIG failed, the sky would fall. Well guess what? At the same time it was [...]

Five Democratic governors are asking the federal government for a $1 trillion bailout package, including $250 billion for education and $150 billion in middle class tax cuts. “Money In Motion”, people. Watch it, and it’s ever-present buddy corruption, as the cash grab continues. These guys have decided to try to score more [...]

Source: Susan Trimblath, P.h.D
The “credit crisis” is largely a Wall Street disaster of its own making. From the sale of stocks and bonds that are never delivered, to the purchase of default insurance worth more than the buyer’s assets, we no longer have investment strategies, but rather investment schemes. As long as everyone was making [...]

Lawmakers on the Hill are not happy with the Treasury Department’s execution of the $700 billion financial industry bailout plan after the first comprehensive report on the rescue package found more oversight was needed. Shocker! The report was released yesterday. Today, House Republicans warned Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben [...]