By Bill Wilson — Markets have begun pricing in the likelihood of a European collapse, where key members of the eurozone withdraw from the monetary union, banking institutions collapse, and widespread defaults reshape the landscape across the pond. This possibility, considered remote at best in recent months, […]

Obama’s economy continues to fail to produce the private sector jobs to even meet the needs of new entrants in the economy, let alone those who are currently unemployed. What is stunning is that the economy created zero jobs in August. It is almost criminal […]

By Bill Wilson — Writing for the New York Times recently , Berkshire Hathaway chairman and chief executive Warren Buffett called for taxes to be increased on the so-called “super-rich,” suggesting that he and his elite billionaire and millionaire friends are itching to pay more. Buffett wrote, “Most wouldn’t mind being told to pay […]

By Bill Wilson — A bilateral agreement between Finland and Greece has promised to give the Nordic nation €500 million collateral for its portion of the bailout of Greece’s creditors. Considering the risks, the call for collateral is hardly surprising — Athens’ credit rating is a mere […]

By Bill Wilson — The Obama Administration has turned to billionaire Warren Buffett, chairman and chief executive of financial giant Berkshire Hathaway, to make the case for raising taxes on the rich because, says Buffett, he can afford it.  On Aug. 22, the White House reportedly chatted […]

By Bill Wilson – Texas Governor Rick Perry shook the political and financial establishment to the core on Aug. 16 with his comments criticizing the potential politicization of the Federal Reserve and the nation’s monetary policy. He said, “Printing more money to play politics at this particular […]

By Bill Wilson – Only now, nearly four years into the economic maelstrom of the financial crisis, do we see the real cost: national independence and sovereignty. It isn’t our money the Masters of the Universe want. It’s not land or other hard assets they crave. It’s […]

By Bill Wilson – Establishment elites are thrilled at the picks made for members of the so-called “Super Committee.” With all 12 members now public, detailed analysis has confirmed that these are “serious” men and women who can be counted on to produce a “reasonable” product that […]

By Bill Wilson – In an unusual move, the Federal Reserve on Aug. 9 announced that it intended to keep the Federal Funds Rate — the rate at which the Fed and banks lend to each other — at near-zero “at least through mid-2013”. The near-zero interest rates were instituted in Dec. 2008 as an emergency and, we thought, temporary measure to counteract […]

By Bill Wilson – Barack Obama is trying to reassure markets that somehow, his super-committee is going to seriously address the nation’s growing debt problem.  And he’s calling for more tax increases on job creators, and yet more deficit-spending that will fail to get the economy going […]