Marc Faber the Swiss fund manager and Gloom Boom & Doom editor said the market will eventually perceive the easing moves, announced by Fed Chairman Ben Bernanke last Friday, as being inflationary and that the next five years could be a possibe disaster for Treasury bonds investors.
Archive for the 'Breaking News' Category
Federal Reserve Chairman Ben S. Bernanke delivered a much-anticipated speech on Friday, August 27, 2010. There was no reason to think this talk would be more or less important than his other talks except for the degree of hysteria whipped up by the media in advance.
Bernanke was addressing an audience of fellow central bankers and their camp followers at an annual gathering in Jackson Hole, Wyoming. There have… Keep reading
Television preachers Benny Hinn and Paula White have rejected reports in the press last week suggesting that they are romantically involved.
The National Enquirer showed pictures of the televangelists entering and leaving a hotel in Rome holding hands. They deny any wrongdoing during their visit to Italy, saying that they had been there for ministry duties and were never alone.
They said the article was “misguided” and “untruthful”… Keep reading
The New Jersey Supreme Court issued an order Monday rejecting a recently filed motion in a long-ago-resolved lawsuit that attempted to force New Jersey legislature to redefine marriage. Lambda Legal attorneys represented a small group of activists who were dissatisfied with civil unions implemented by the Legislature in 2007, and recently argued that they were not content with anything short of forcing a redefinition of marriage on all New Jersey… Keep reading
Goldman Sachs sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public Friday night.
Goldman Sachs disclosed the list of companies to the Senate Finance Committee after a threat of subpoena from Sen. Chuck Grassley, R-Ia.
Asked the significance of the list, Grassley said, “I hope it’s as simple as taxpayers deserve to know what happened to… Keep reading
Gallup’s 2010 Confidence in Institutions poll finds Congress ranking dead last out of the 16 institutions rated this year. Eleven percent of Americans say they have a great deal or quite a lot of confidence in Congress, down from 17% in 2009 and a percentage point lower than the previous low for Congress, recorded in 2008.
Socialism is dangerous. It attacks the means of production within the nation. Our nation, once the most robust “product producing” country on earth has become a consumer nation captive by massive debt. We are more consumer-minded than production-minded. Much has already been penned on this topic. The remedy of our leaders in Washington is to print our way into affluence. To the least rational working man this doesn’t make any… Keep reading
SANTA MONICA, Calif., July 19 – Citing new information about Google’s classified government contracts and the Internet giant’s admitted Wi-Spying activity, Consumer Watchdog today said it is more imperative than ever for the Energy and Commerce Committee to conduct hearings into possible privacy violations by Google.
In a letter to Committee Chairman Henry Waxman and Ranking Member Joe Barton, the nonpartisan, nonprofit public interest group’s… Keep reading
You are cordially invited to attend the “ONE NATION UNDER GOD CONFERENCE”
The “One Nation Under God – Embracing Truth and The Spirit of Liberty” Conference November 19th-22nd, 2009 is set to be a prophetic turning point in the spiritual destiny of America and the nations.
Christian leaders and believers will unite to seek God in this crucial time of cultural, political and spiritual transitions that will affect… Keep reading
Case in point: One of the most-read magazines in our nation focuses on fashion, sex information and dating tips. This reveals the “dumbed down” condition of… Keep reading