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Debt Ceiling Agreement to Trigger Hyperinflation

Important Debt Ceiling Update

President Obama just announced late this evening that a deal has been reached to cut government spending and raise the debt ceiling in order to avoid a debt default. If the deal is approved on Monday, it will raise the debt ceiling by between $2.1 and $2.4 trillion in ...

Read more: Debt Ceiling Agreement to Trigger Hyperinflation

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The Man With No Plan: The Fuse on America's Debt Bomb Just Keeps Getting Shorter

The Man With No Plan: The Fuse on America's Debt Bomb Just Keeps Getting Shorter

With the health of the fragile economy hanging in the balance and financial markets watching closely, the leaders said they would present the compromise to their caucuses on Monday in hopes of enacting it before a Tuesday deadline to avert default. ... The tentative agreement calls for at least ...

Read more: The Man With No Plan: The Fuse on America's Debt Bomb Just Keeps Getting Shorter

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Forget Compromise: The Debt Ceiling Is Unconstitutional

Forget Compromise: The Debt Ceiling Is Unconstitutional

The debt ceiling crisis can be averted by enforcing the Fourteenth Amendment, which mandates the government to pay its debts already incurred, including pensions.  That means Social Security, which IS an “entitlement,” in the original sense of the word.  We’re entitled to it because we’ve paid for ...

Read more: Forget Compromise: The Debt Ceiling Is Unconstitutional

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Pat Gorman on How to Protect Your Wealth, Invest for Success and Protect Your Family

Pat Gorman on How to Protect Your Wealth, Invest for Success and Protect Your Family

The Daily Bell is pleased to present this exclusive interview with Pat Gorman.

Introduction: Mr. Gorman has been actively extolling the virtues of honest moneyfor nearly 30 years, the last fifteen of which he has spent as president of Resource Consultants, a Phoenix, Arizona based wealth advisory ...

Read more: Pat Gorman on How to Protect Your Wealth, Invest for Success and Protect Your Family

Reads: 1495

Gold and Silver Beyond the Limit

Gold and Silver Beyond the Limit

Perhaps the debt ceiling should be renamed the "national debt target," for it seems Washington is always trying to reach it. One could say it's their only reliable, time-tested achievement. And without fail, upon reaching their national debt target, they promptly extend it further in order to ...

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Debt Ceiling Debate Not the Real Point

Debt Ceiling Debate Not the Real Point

Debt-limit debate wearing on Americans ... As an Aug. 2 deadline draws closer and Washington's political brinkmanship only intensifies, Americans are discussing the potential consequences of failing to raise the debt ceiling, which authorizes the federal government's borrowing to meet expenses that ...

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Reads: 826

Is the Left Right About Money and Politics?

Is the Left Right About Money and Politics?

I'm starting to think that the Left might actually be right ... What with the phone-hacking scandal, the eurozone crisis and the US economic woes, the greedy few have left people disillusioned with our debased democracies. It has taken me more than 30 years as a journalist to ask myself this ...

Read more: Is the Left Right About Money and Politics?

Reads: 876

China – Third Pillar of a Broken World Economy?

China – Third Pillar of a Broken World Economy?

China's spectacular real estate bubble is about to go pop ... So you thought that UK housing was unaffordable. Try Beijing and Shanghai, where ... prices are off the scale relative to income, the commonly used yardstick for measuring affordability. OK, so these are the boom cities of the Chinese ...

Read more: China – Third Pillar of a Broken World Economy?

Reads: 967

Why Gold Could Go Much Higher

Why Gold Could Go Much Higher

Are there forces at work increasingly inflicting chaos and war on the world? If this is the case, the ceiling on gold and silver will keep moving higher. Gold went up again yesterday on bad news from the US, Norway and Europe.

The bad news is a steady drumbeat, a kind of dominant social themein ...

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Reads: 1165

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