Free Talk Live - recession

Sean Rosenthal destroys Keynesian economist Paul Krugman

Crotale — Wed, 07 Mar 2012 18:28:28 +0000

Sean Rosenthal dismantles Keynesian economist Paul Krugman's ridiculous comments regarding the British 'austerity' measures.

San Jose's $100,000 pension club is rapidly growing

EtotheRic — Sun, 04 Dec 2011 17:52:38 +0000

With San Jose leaders locked in a heated debate over how to curb retirement costs, an analysis by this newspaper shows a startling jump in six-figure pensions for retired cops, firefighters and top City Hall bureaucrats.
Nearly 1 in 3 retired San Jose police officers and firefighters now receive annual pensions of $100,000 or more -- up from 1 in 5 just two years ago, according to newly released records.

Topeka to Stop Prosecuting Domestic Violence

celestrion — Wed, 05 Oct 2011 18:48:46 +0000

In the face of budget cuts, Topeka county courts have stopped hearing marijuana possession and distribution cases. Oh, no, wait. They've stopped hearing domestic violence cases and are pondering repealing the domestic violence law entirely. TO SERVE AND PROTECT!

“It’s Going to Get a Lot Worse”: New Recession Unavoidable

PC Harris — Sat, 01 Oct 2011 20:20:39 +0000

Weakness in leading economic indicators has become so pervasive the Economic Cycle Research Institute now predicts a new recession is unavoidable.

Bernanke: There Is No Inflation (and If There Were, We Could Stop It)

EternityAblaze — Thu, 07 Apr 2011 02:33:07 +0000

If you want to drive a rational economic-type of person crazy, simply mimic Fed Chairman Ben Bernanke's willful refusal to acknowledge seemingly obvious inflationary trends.

You can start by quoting Dr. Bernanke's observations on the ramp in commodity prices, made Monday night:

"I think the increase will be transitory, that it will pass, and we will go back to a level of inflation that is consistent with our price stability mandate."

"The worst is yet to come" - the guys who predicted the current crisis

Grey — Sat, 04 Sep 2010 02:37:25 +0000

From the guys (Peter Schiff et al) who were mocked and predicted the current financial crisis, comes new revelations that the worst is yet to come; the biggest bubble of all is about to burst: The Bailout Bubble.
Check out this short but pretty powerful documentary that touches on why we're not of the crisis, but why things are probably going to get worse before they get better.