Archive for February, 2011

Booms, Busts, and Food Prices

food-prices

(LewRockwell.com) Maybe you have heard about rising food prices. It is happening all over the world. We hear of Third World rural populations that are trapped by rising food prices. Why are food prices rising? Simple: because urban people in formerly Third World nations are getting richer. India and China are the obvious examples. As [...]

A Complete Guide to Chapter 7 Bankruptcy

Chapter 7 bankruptcy is the most common form of personal bankruptcy in the U.S. Also known as liquidation bankruptcy, it allows you to sell or liquidate your assets to pay off your creditors and cover the costs of filing. The rules for Chapter 7 bankruptcy filing have changed significantly since the Bankruptcy Abuse Prevention and [...]

Private Student Loans – Financial Aid or Curse?

Dustin Busson-Sokolik was a student at the Milwaukee School of Engineering (MSOE) in 1999 when he got a private student loan worth $3,000. Upon taking the loan, he signed a promissory note that made him liable for collection costs and possible attorneys’ fees if the loan amount would not be paid within the specified term. [...]

George Washington Paperwork

(Goldseek.com) A friend asked me this week, in a roundabout way, if there’s any mathematical limit to how high silver and gold could go under a hyperinflation outcome. Math and economic geek that I am, Zimbabwe and Weimar, Germany immediately came to mind. Hyperinflation so ravaged their bankster paper money, in the end, it only [...]

The Housing Market in 2011 – 4 Mortgage Trends to Expect

The financial experts in the US have always suggested the borrowers to apply for a refinance mortgage loan when the time is right for them than attempt to time the housing market. While the risk takers can take the risk of waiting till the last minute and lock in at the lowest interest rate, most [...]

John Perkins: How People and Nations were Trapped into Debt by the CIA and US National Security Agency

John Perkins was hired to advise the World Bank, United Nations, IMF, US Treasury Department, Fortune 500 corporations, and countries in Africa, Asia and Latin America. His best-selling books details the clandestine operations that created the world’s first truly global empire. Lew Rockwell interviews John Perkins regarding how he was seduced to do the dirty [...]

Happy Valentine’s Day from Obama’s New Budget: Graduate Students Will Face More Private Student Loans Debt

valentinesday

On Monday, 14 Feb 2011, President Obama will be sending Congress a new budget plan for 2012. The budget reaches $3 trillion plus with a promise to reduce deficit by $1.1 trillion over the next decade. He is planning to do this by freezing many domestic programs for five years, including cuts on military spending [...]

Escaping the Great Depression – and Extending the Greater Depression

depression

(LewRockwell.com) Here at Casey Research, our view of the Great Depression of the 1930s is a little different from that of most people. In our eyes, Franklin Roosevelt wasn’t a hero, he was a villain. Nearly everything he did served to extend and deepen the economic downturn. With the exception of supporting the 21st Amendment [...]

JP Morgan Wants to Put You on Food Stamps

JPMorgan

American banks that were holding their hands out for public funding at the first signs of the recent financial collapse are now back in the black. Once again they are taking public money, only this time they are doing it by extortion and not begging. “We made mistakes” the admission of guilt in a statement [...]

Foodstamp Profit: The Poorer America, The Richer JP Morgan