Peter Schiff HoweStreet.com In recent months, GDP numbers have rebounded – primarily as a result of record low interest rates reliquifying the credit market and government stimulus jolting consumer spending. Although the “positive growth” has delighted Obama’s economic brain trust, it has done little to boost the fortunes of Main Street. As I have... »
Archive for June 8th, 2010
Stock Market Crash, the X-Wave Confluence
Tuesday, June 8th, 2010
By: Captain Hook Market Oracle Jun 07, 2010 I’ve either heard or read just about every explanation for why the stock market could plunge dramatically moving forward, and I would like to offer mine now, now that it appears the fundamentals associated with our political economy are finally aligned to sponsor such an occurrence.... »
Another Gulf oil spill: Well near Deepwater Horizon has leaked since at least April 30
Tuesday, June 8th, 2010
By Ben Raines AL.com June 07, 2010 The Deepwater Horizon is not the only well leaking oil into the Gulf of Mexico for the last month. A nearby drilling rig, the Ocean Saratoga, has been leaking since at least April 30, according to a federal document. While the leak is decidedly smaller than the... »