Economic Collapse

Herman Cain vs. Ron Paul On The Housing Bubble

Herman Cain vs. Ron Paul On The Housing Bubble

For those GOP establishment types that are pushing former Kansas City Fed Chair ('92-'96) Herman Cain as the man to fix the economy and rescue a collapsing financial system, watch Mr. Cain try to excuse his way out of not seeing the housing bubble. Then watch the cast of 'Morning Joe' ask Ron Paul how he knew and was warning about the collapse in 2003. The next bubble is the 'dollar bubble' and we're in it right now.  Wake up folks; Herman Cain is just more of the same with an even better disguise. (more…)
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Peter Schiff On The Fed’s ‘Operation Twist’

Peter Schiff On The Fed’s ‘Operation Twist’

I just checked the Asian and European markets and guess what?  They are tanking by upwards of 5%.  You all know what that means; yep, the DOW is going to dive on opening unless somebody out there is doing a massive manipulation.  The DOW futures are at -256 at this moment. Now here is Peter Schiff explaing the Federal Reserve's last ditch effort to artificially stimulate the economy, and the continued low interest rates that are killing our economy and driving us farther into depression.  We are watching the collapse happen in slow motion right in front of our eyes;…
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Americans Are Just Done With This Government

Americans Are Just Done With This Government

Talk about a 'deficit of trust'; the DOW drops almost 513 points and everybody is wondering what is causing the market selloff. I humbly propose a theory; Americans are just done with politicians that have shown they have no clue, no desire, and no sense of urgency to actually fix the economy when the proper tools exist. Everybody is just freakin' tired of watching their savings evaporate, losing their jobs and homes, watching food and gas prices go through the roof, and politicians going on vacation after sinking us almost $3 TRILLION more into debt.  They have finally caught up…
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Peter Schiff On Debt Ceiling Vote: ‘This Is A Complete Victory For The Democrats’

Peter Schiff On Debt Ceiling Vote: ‘This Is A Complete Victory For The Democrats’

Peter Schiff being interviewed by Judge Napolitano about the debt ceiling vote that was just passed in the House today; which does not include spending cuts and does raise taxes through inflation. Best part? The new 'Super Congress'; 12 clowns making decisions with Obama about what happens to taxpayers' dollars. Yehaw! A new level of tyranny! (more…)
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