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Charlie Gasparino: Another Crash 'Has to Happen Again'

A greedy, dishonest, ignorant, spendthrift, self-serving and incompetent government is the cause of our problems. Until this is changed nothing beneficial will ever happen. It sets the standard and the people follow, all the way to destruction.

Bemused by GDP Figures

GDP consists of; consumer spending, investment spending and last but not least, government spending. No where do I read that consumers are spending or that new investment spending is up. How does that add to the GDP? I do know that the government is on a spending binge, but other than being a part of GDP, what does such spending truly add to an upbeat and healthy GDP? Government is a parasite that steals money, thru taxes, from the citizens or prints money, causing inflation which steals even more from citizens. Figures may not lie, but liars figure. Your choice. Is the economy really up or just a political aberration?

The Coming Consequences of Banking Fraud

The title should read; THE COMING CONSEQUENCES OF GOVERNMENT FRAUD. Our government is obsessed with power and control. Our government is arrogant. Our government is greedy. Our government saps out the life of it's citizens through taxes. Our government's huge debt has placed our Nation in a bankrupt status. Out government lies, steals and cheats it's citizens on a regular basis. Let's count the ways. It lies about the programs it proposes. It steals more of our freedom with the passing of each new law, rule and regulation. It cheats us of our earnings and savings through the insidious inflation tax. Unless, and until our government is reigned in, becomes much smaller, spends, not like a drunken self serving politician, but like a prudent individual, family or business, we will continue down the road to disaster and eventual destruction.

Five Reasons the Market Could Crash This Fall

Just for a start, let's say that all five reasons are wrong. What is in the wings that will start us flying again? Cap & Trade? Expensive new health care bill? Higher energy costs? Higher taxes? Higher unemployment? Larger National debt? Green energy programs? Higher interest rates? Less 'real' energy programs? More unemployment benefits? More government interference and control? More deficit spending budgets? Greater mileage requirements for cars and trucks? And there are more. And none are encouraging to start us flying again.

Forget Goldman, Start Worrying About the Government

Mr. Harrison is right on. Government is the problem and has been for decades. In fact, close to a century. The Fed was established in 1913 and that began the downhill ride which continues today. It was assisted by Hoover and FDR, and most of the other Presidents, including our current President with gusto! Ask yourself some questions as did Mr. Harrison. Who established the Fed? Government. Who initiated the CCC, the RFC, Social Security, the TVA, the NIRA, the AAA, the WPA and many other New Deal programs? Government? Who sets tax rates? Government. Who causes inflation? Government. Who controls the money supply? Government. Who passes rules, regulations and laws? Government. Who passed Medicare? Government. Can private industry do this? No. If other groups are targeted it is the governments way of trying to avoid responsibility. Such other groups are scapegoats or red herrings. And with the help of the media government has become expert at doing this. Will the public ever wake-up to the flim flam actions by government? With control of the educational process by government and the brainwashing taking place in our so-called 'learning institutions' it is not likely in the near future. It is going to be a long cold winter.

Six Signs Economy Is Turning the Corner

There is nothing wrong with dreaming. Howerver, there are so many 'poor' problems in the wings. National health care. Cap & trade. Social security. Medicare & prescription drugs. A national debt out of control. A world wide economy out of control. An incompetent government. A destructive government. A control and invasive government. Loss of freedom daily. Higher taxes. High unemployment and going higher. Higher minimum wage. Inflation in the future and the devaluation of savings and earnings. Hanky panky with current bank income and profits. Are there more? Probably.

Glass-Steagall: If Not the Cause, Maybe the Cure?

Before any final action is taken on bringing the Glass-Steagall Act back on board, review the reasons it was repealled. If I remember correctly the nature of business and finance had changed to a more global climate and the U.S. firms were being overrun by foreign companies. To reinstall a previous program before doing this just might result in unintended consequences. Also, its repeal really had little to do with our current financial mess. That was caused primarily by an out of control Congress and poor regulation, again because of the disinterest of again, Congress. Just something to consider.

How About Adjustable Principal Mortgages Instead?

What could one possibly say? Just another program to make matters worse. Dream on!!!