By Bill Wilson — According to legend, in Czarist Russia, Grigory Potemkin constructed fake villages to make Catherine the Great believe that the countryside was tranquil and prosperous, when in fact it was chaotic and stricken with poverty. Such it is with government economic statistics, as evidenced […]

By Bill Wilson — Were it not so deadly serious, the spectacle in Europe would be a sure bet for the top slot on Comedy Central’s fall line-up. With each passing day, the twisted machinations of the “Eurocrats” and their underlings in the banks become more absurd. […]

By Robert Romano — Those concerned about the ongoing debt crisis in Europe — and its potential spreading to the U.S. — should pay close attention to a meeting between French and German leaders this weekend. At issue are the terms of leveraging the €440 billion European […]

By Frank McCaffrey — The Greek Prime Minister looks to make cutbacks and it sparks protests. ALG’s Robert Romano says this doesn’t surprise him and says there are similarities with Occupy Wall Street and the Wisconsin protests. Reporter Frank McCaffrey has the story.

By Rick Manning — Dec. 28, 1976, graveyard shift, 7-11 store on La Sierra Boulevard in Riverside, California. That’s when I had a rifle stuck in my face by four thugs who wanted the $40 in the register.  They took me to the back of the store […]

By Bill Wilson — Germany would rather the periphery of the Eurozone collapse into cascading defaults before it ever again weakens its currency. That is at least the impression one gleans from a recent UK Telegraph piece by Ambrose Evans-Pritchard , who wrote, “Any such attempt to correct North-South imbalances from both ends requires an […]

By Rick Manning — The Labor Department’s green jobs training debacle unearthed by the Department’s own Inspector General reveals that the program has failed miserably to achieve its goals .  The Labor Department initially claimed that 79,854 would get jobs, while only 8,035 found employment.  Even worse, only 1,336 of the trainees who found employment still had the job six months later. […]

By Frank McCaffrey — The confused message of “Occupy Wall Street” has also hit the streets of Washington, D.C.  ALG’s Rebecca DiFede has the story.

By Robert Romano — The next depression is already here.  It is a realization this author does not come to lightly, but unless and until the capital regime formalized internationally in Basel, Switzerland in 1988 is brought to a swift conclusion as the greatest colossal mistake ever […]

By Robert Romano — Ever since the U.S. gold standard was weakened in 1913 with the creation of the Federal Reserve system, then again during the Great Depression, when the domestic supply of gold was confiscated in 1933, and finally eliminated all together by Richard Nixon in […]