by guest editor Gavin Magor Mortgage insurers are in big trouble. Losses account for 154 percent of premiums earned. And they totaled a jaw-dropping $2.4 billion in 2010, thus threatening to destroy…
Tag: financial articles
Reinventing the American Dream, Abroad!
by Keven Kerr The late George Carlin, the outspoken and controversial comedian and modern day philosopher, said it best: “The reason they call it the American Dream is because you have to…
It Ain’t Money If I Can’t Print It!
By: Peter Schiff, CEO of Euro Pacific Capital I have been forecasting with near certainty that QE2 would not be the end of the Fed’s money-printing program. My suspicions were confirmed in…
Elliott Wave International’s Understanding the Fed eBook is now available
Dear reader, My friends at Elliott Wave International have just released a free 34-page eBook, Understanding the Fed. It’s the free report the Federal Reserve doesn’t want you to read! This eye-opening…
Leading Economic Indicators Keep Rising, but …
Last Thursday the Conference Board published its Leading Economic Index (LEI) for the U.S. In January this historically-reliable indicator increased 0.3 percent after shooting up 1.2 percent in December and 1.1 percent…
Barack Obama’s Hush-Hush $1.4 Billion Carbon Competition
As the world trained its eyes on Copenhagen last Friday to learn the location of the 2016 Olympic Games, I sat in a bar in Washington, D.C., with an old friend. We…
Paying Off The Past
By: John Rubino The Wall Street Journal ran a great, sad article on the effects of the credit bubble on low-income people. A few excerpts: The ‘Democratization of Credit’ Is Over — Now It’s…