government shutdown

Featured Discussion

Assessing the Impact of the Government Shutdown

Assessing the Impact of the Government Shutdown

The costs continue to be felt long after October

Podcast

Richard Charpentier | Dreamstime.com

Bob Moriarty: Solving Our National Problems Starts With Sound Money

The bedrock for fiscal, legal, education & health systems
Saturday, November 9, 2013, 12:14 PM

At the Casey Research Summit last month, Chris had the opportunity to sit down with longtime precious metals investor and proprietor of 321gold.com, Bob Moriarty.

Right before their conversation, Bob had picked up a local Arizona newspaper and read an AP article titled "US Reliability Questioned Overseas" (the government shutdown was in full swing at this time). It discussed, among other concerns voiced by foreigners, whether continuing to rely on the US dollar as the world's reserve currency is prudent given America's political dysfunction and its debt levels. » Read more

Insider

Jim Barber/Shutterstock

Kicking the Can, As Expected

The recent deal in Congress solves nothing, resolves nothing
Thursday, October 17, 2013, 3:23 PM

I didn't get too worked up analyzing what might happen in the event of a U.S. default on its debt, because I knew in my heart of hearts that such a move would have required some serious political spine.

This is something that is completely lacking in both parties right now, so I didn't worry about any other outcome besides an eleventh-hour agreement to kick the can a bit further down the road. » Read more

Daily Digest

Image by Tax_Credits, Flickr Creative Commons

Daily Digest 10/16 - U.S. AAA Rating On Watch, Debt Ceiling FAQs

Wednesday, October 16, 2013, 7:22 AM
  • Bodies Double as Cash Machines With U.S. Income Lagging
  • Officials to demolish 1,600 vacant homes in Flint
  • Fewer snowplows on King County roads this winter
  • Bailed-out Portugal to make new cuts in 2014 budget
  • U.S. has defaulted twice, historians point out
  • Record Number Of Oklahomans On Food Stamps
  • State sees record number of homeless families sheltered in hotels
  • Gold premiums hit record in India
  • Poll: Half of older workers delay retirement plans
  • Red-light cameras generate revenue, controversy
  • Venezuela Inflation Rises above 49%
  • Frequently asked questions on what happens on Oct. 17 if Congress doesn’t lift the debt ceiling
  • Bad loans at Italy's banks rose to almost 142 bln euros in August
  • Fitch: U.S. AAA rating on watch over debt debate