The Big Lie: 5.6% Unemployment
Here’s something that many Americans — including some of the smartest and most educated among us — don’t know: The official unemployment rate, as reported by the U.S. Department of Labor, is extremely misleading....
Category: Currency
Robbers target food delivery trucks in shortage-hit Venezuela
SAN CRISTOBAL/CARACAS (Reuters) – Robbers and looters are targeting trucks carrying food across Venezuela in another sign of worsening shortages that have turned basics like flour and chicken into coveted booty. Crime has long...
China Just Overtook The US As The World’s Largest Economy
Sorry, America. China just overtook the US to become the world’s largest economy, according to the International Monetary Fund. Chris Giles at the Financial Times flagged up the change. He also alerted us in...
Real Unemployment Rate Is At Least 18 Percent
Friday, the Labor Department is expected to report the economy added 235,000 jobs in July, and the unemployment rate remained steady at 6.1 percent, but that hardly tells the story. The jobless rate may...
Steve Forbes: Link dollar to gold or face Great Depression II
Steve Forbes: Link dollar to gold or face Great Depression II Influential financial publisher and former presidential candidate Steve Forbes is out with a new warning that the U.S. faces an economic catastrophe due...
London’s Drive To Become The Sharia Finance Capital Of The West
London is pushing to become the Western capital for sharia finance in spite of the many potential dangers. This past November, London hosted the 2013 World Islamic Economic Forum. Speaking at that event, Prime...
Russia signs 30-year gas deal with China
Russia’s President Vladimir Putin has signed a multi-billion dollar, 30-year gas deal with China. The deal between Russia’s Gazprom and China National Petroleum Corp (CNPC) has been 10 years in the making. Russia has...
Mitch McConnell Calls Reid’s Proposal To Amend the Constitution a ‘Gag Order’
Mitch McConnell Calls Reid’s Proposal To Amend the Constitution a ‘Gag Order’ On the Senate floor Thursday, Senate Minority Leader Mitch McConnell (R-KY) called Senate Majority Leader Harry Reid’s (D-NV) campaign finance constitutional amendment...
Media Blacks Out Warren Buffett’s Billion-Dollar Pro-Abortion Efforts
Tuesday, Fox News opinion writer Dan Gainor outlined Warren Buffett’s long-time, extensive support of abortion providers and advocacy organizations, giving over $1.2 billion to abortion groups since 2001 and placing a fervent abortion activist at the...
