Charting Stocks

Video by David Icke on the illusion of money.

Net Government Savings
An historic decline in in government savings from 2001-2002. Trend is continuing lower.
Depository Institution Borrowing from the Fed.

Helicopter Ben has been busy lately.

Source: Mises.org

A recent IRS ruling will cause the dividend on REIT’s to disappear this year while costing the investor in taxes.
The December ruling allows REIT’s to skip on the longstanding requirement to pay 90% of pretax income to shareholders in cash. The companies will be allowed to keep the money instead of paying investors.
REIT’s can now [...]

The American Recovery and Reinvestment Act of 2009 (The bailout bill of the week) calls for the launch of a new Recovery.gov website. The website is to be managed by a newly created Recovery Act Accountability and Transparency Board. Its purpose is to provide transparency to the public as to where and how their tax [...]

What Friday would be complete without a bank failure (or two)?
Federal regulators shut down a bank in Southern California and another in the Atlanta area today, bringing the number of U.S. failures this year to eight in almost as many weeks. This is the 33rd collapse since the depression began.
Federal Deposit Insurance Corp. announced that [...]

Interesting article posted on CNN today.  Do I sense a tax revolt  coming?
Unhappy voters jam Capitol Hill phone lines
WASHINGTON (CNN) — The recent debate over the nearly $900 billion economic stimulus plan and revelations of tax problems by three Obama administration appointees have voters angrily jamming phone lines on Capitol Hill to air their frustrations [...]

2009 will be a year of complete destruction for the US economy. 5 Million will lose their jobs. The Dow Jones Industrial average will break below 6,000. Municipalities will fail. Insurers will fail. The unemployed and foreclosed American population will take to the streets and begin rioting. The Greatest Depression is upon us.
Sound far fetched? [...]

A speech by Murray N. Rothbard. Presented at the Mises Institute’s 1984 “Seminar on Money and Government,” in Houston, Texas.

The 2008 US dollar rally is losing steam and may be coming to an end. I know that the run up in the currency left many in the financial world scratching their heads. How can the currency of a collapsing economy strengthen? Why, when trillions of new dollars are being created out of thin air, [...]