Moody’s confirms US AAA rating; outlook ‘negative’
AFP WASHINGTON (AFP) – Rating agency Moody’s upheld its triple-A rating for the United States on Tuesday after Congress passed new legislation to raise the…
Finance
The Buzz Around Gold is Growing Louder
Dees Illustration Jeff Clark BIG GOLD I outlined last week the increasingly bullish consensus among analysts about gold stocks. The same pattern exists with gold…
Little-known firms tracking data used in credit scores
Ylan Q. Mui Washington Post Atlanta entrepreneur Mike Mondelli has access to more than a billion records detailing consumers’ personal finances — and there is…
S&P renews US debt warning
Standard & Poor’s warned Thursday that the fight over the US debt ceiling could exacerbate global tensions © AFP/File Tim Sloan AFP WASHINGTON (AFP) –…
Obama holds new US debt crisis talks
Polls show that US voters are more likely to blame Republicans than Obama for a debt default © AFP/Getty Images/File Mario Tama AFP WASHINGTON (AFP)…
Why Americans can’t afford to eat healthy
The real reason Big Macs are cheaper than more nutritious alternatives? Government subsidies Wiki Image David Sirota Salon The easiest way to explain Gallup’s discovery…
Why Banks Aren’t Lending: The Silent Liquidity Sqeeze
Why aren’t banks lending to local businesses? The Fed’s decision to pay interest on $1.6 trillion in “excess” reserves is a chief suspect. Ellen H….
Fed says US must heed warnings from debt raters
Federal Reserve chairman Ben Bernanke warned lawmakers against a protracted battle over raising the debt ceiling © AFP/Getty Images Mark Wilson AFP WASHINGTON (AFP) –…
Food prices up 39% in 2011, head back towards record highs
Fears of poor sugar harvest drive UN food price index to within 1.6% of February record Wikimedia Commons image Tom Bawden Guardian Hard-pressed consumers face…
G. Edward Griffin: Protectors of the Public
This is the third installment in a series of chapter summaries from G. Edward Griffin’s must-read book The Creature From Jekyll Island. This book may…
Getting Used to Life Without Food, Part 1
Wall Street, BP, Bio-Ethanol and the Death of Millions Grain Storage Wikimedia Image William Engdahl Financial Sense My late grandfather, a man of sturdy Norwegian-American…
Big banks relieved as Fed sets debit card rule
The Federal Reserve handed a partial victory to Wall Street on bank card fees © AFP/Getty Images/File Spencer Platt AFP WASHINGTON (AFP) – The Federal…
IEA Oil Dump A Disaster In The Making
Brandon Smith Alt-Market It’s amazing. In the wake of the 2008 derivatives and housing bubble collapse, created by the U.S. Treasury and the private Federal…
G. Edward Griffin: The Name of the Game is Bailout
This is the second installment in a series of chapter summaries from G. Edward Griffin’s must-read book The Creature From Jekyll Island. This book may…