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Tag Archives: Obama

  • Insider
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    Four More Years

    Predicting a global recession in 2013
    by Chris Martenson

    Thursday, November 8, 2012, 3:51 PM

    83

    Obama has been re-elected. Given the hyperbole and highly emotional rhetoric of the election, it is hard to imagine that the U.S. is anything but slightly more divided than before, with the gaps and divisions widening more and more as time goes on.

    The real tragedy in this story is that virtually none of the really big and important issues were even touched in this election cycle. One party pointed to how much they managed to increase military spending while the other promised to exceed even that. One side said they'd promote even faster drilling and extraction of our dwindling energy reserves and the other promised they could do it even faster. Both said they wanted more growth and more jobs and more, more, more.

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  • Blog
    © Blueximages | Dreamstime.com

    Time to Focus on ‘Return of Capital’

    Reflections on the day after the election
    by Adam Taggart

    Wednesday, November 7, 2012, 5:01 PM

    125

    I am more concerned with the return of my money than the return on my money.

    – unknown (often attributed to Mark Twain or Will Rogers)

    The U.S. Presidential race is now behind us. And this morning the world woke up and realized that all the issues the election postponed now lie before us.

    In his victory speech, President Obama focused on moving 'forward':

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  • Blog

    Why Our Currency Will Fail

    by Chris Martenson

    Wednesday, February 8, 2012, 2:18 PM

    0

    The idea that the very same economic forces that are currently plaguing Greece, et al., are somehow not relevant to the United States’ circumstances does not hold water.  As goes the rest of the world, so goes the US. 

    When we back up far enough, it is clear that money and debt are there to reflect and be in service to the production of real things by real people, not the other way around. With too much debt relative to production, it is the debt that will suffer. The same is true of money. Neither are magical substances; they are merely markers for real things. When they get out of balance with reality, they lose value, and sometimes even their entire meaning.

    This report lays out the case that the US is irretrievably down the rabbit hole of deficits and debt, and that, even if there were endless natural resources of increasing quality available at this point, servicing the debt loads and liabilities of the nation will require both austerity and a pretty serious fall in living standards for most people. 

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  • Blog

    Daily Digest 5/3 – World Is ‘Safer’ After Pakistan Raid, Risk Of Chaos If Syria Fails, The Future Of Offshore Wind Farms

    by DailyDigest

    Tuesday, May 3, 2011, 2:52 PM

    0
    • Obama Calls World ‘Safer’ After Pakistan Raid
    • John Williams: Hyperinflation and Double-Dip Recession Ahead
    • Extra Tax Revenue to Delay Debt Crisis
    • As Food Stamp Recipients Hit New Record, 400 Americans Account For 10% Of Capital Gains
    • ‘Doomsday Scenario’ If Syria Fails
    • Hundreds of Miles of Wind Farms, Networked Under the Sea
    • A Life’s Toil Along the Big River, Lost as It Rises

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  • Blog

    Insolvent and Going Deeper

    by Chris Martenson

    Wednesday, April 13, 2011, 10:45 PM

    0

    The US budget process is entirely out of control. By extension, its fiscal future is rather bleak.

    All one has to do is back up two steps, entirely ignoring the meaningless budget scuffles currently ongoing in DC, to see that the federal government’s fiscal situation is in complete shambles. In fact, as things currently stand in terms of spending and revenues, the US government is insolvent – its liabilities vastly exceed its assets on a net-present-value basis.

    Yes, Obama has just laid out a plan that calls for cutting some $4 trillion of new, incremental deficit additions over the next 12 years, but this merely obscures the fact that the deficit will still grow by a rather hefty amount nonetheless. Plans from both sides of the aisle call for adding more debt but at a slower pace. True, that’s progress of a sort, but not the type of progress you want to bring home to meet your mother.

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  • Blog

    Daily Digest 2/26 – The Road To A Gold Standard, 2011 Tipping Points, Fed Playing Down Oil Price Risks

    by DailyDigest

    Saturday, February 26, 2011, 3:43 PM

    0
    • QE II: The Road To A Gold Standard
    • Consumers Hold On to Products Longer
    • U.S. Growth Revised Lower in Fourth Quarter
    • 2011 Tipping Points
    • UK economy contracts faster than first estimated
    • Saudi ruler offers $36bn to stave off uprising amid warning oil price could double
    • Fed officials play down oil price risks
    • U.S. Can ‘Ride Out’ Libyan Oil Supply Disruption With Reserves, Obama Says
    • Solar Energy Faces Tests On Greenness

    Crash Course DVDThe Crash Course DVD: in-depth analysis on peak oil, debt, demographics, only $24.99 in our store (NTSC or PAL)

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  • Blog

    Daily Digest 2/18 – The Budget For Dummies, Unrest in Bahrain, No Net Energy in Colorado Shale Oil

    by DailyDigest

    Friday, February 18, 2011, 3:51 PM

    0
    • The Budget For Dummies
    • America’s Budget: The Latest Cop-Out
    • House Spending Impasse Raises Risk of Shutdown
    • Fandango Thursday – Does Anything Really Matter?
    • Bahrain Killings Bring Mid-East Turmoil To Epicentre Of World Oil Supply
    • Colorado Shale Oil Contains No Net Energy
    • Recycled Shopping Bags To Save Suburbs?
    • Chevron: Monster Or Victim?

    Follow our steps to prepare for a world after peak oil, such as how to store & filter water

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  • Blog

    Obama’s Budget is a Fantastic Comedy

    by Chris Martenson

    Tuesday, February 15, 2011, 3:34 AM

    0

    Fantasy or comedy?  I couldn’t decide which way to label the Obama budget, so I went with both.

    The bottom line is that the Obama administration has brought forth the most unbelievable revenue increase that I have ever seen proposed in a budget, a whopping 65% increase in revenues in just four years, which will – miracle of miracles – drop the deficit as a percent of GDP from nearly 11% to just 3.2% over those same four years.

    The only problem with this scenario is that it stands virtually no chance of actually happening. Revenue will be far lower than projected and the deficit correspondingly higher.

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  • Blog

    Daily Digest 12/3 – U.S. Tax Cut Extention Talks, China to Tighten Monetary Policy, Nissan to Launch Electric Car

    by DailyDigest

    Friday, December 3, 2010, 3:37 PM

    0
    • Merk Commentary: Pragmatic ECB Squares the Circle – Whatever it Takes
    • UN Climate Conference: Global Warming Could Double Food Prices
    • Obama, GOP in Quiet Talks to Extend Tax Cuts
    • Thursday Thrust – Just Buy the F’ing Dips!
    • China to Tighten its Monetary Policy Next Year
    • OIL FUTURES: Crude Retreats On Weak US Jobs Data
    • Nissan To Launch Leaf Electric Car In Japan On December 20

    Our ‘What Should I Do?’ guide helps you cover your food, water, and warmth needs in any emergency.

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  • Blog

    Daily Digest 9/11 – Yes We Could, But Are We? Peak Denial, Economic Black Plague

    by DailyDigest

    Saturday, September 11, 2010, 2:56 PM

    0
    • The Great Deleveraging Lie
    • And You Thought We Were Bearish?
    • Mutant Rat Epidemic Spreading Economic Black Plague
    • No Economic Growth for Years to Come
    • China Industrial Output Tops Forecast as ‘Robust’ Demand Aids World Growth
    • Letter to Obama: Yes We Could, But Are We?
    • Peak Denial About Peak Oil
    • Spectre of deflation kills the mood at Jackson Hole

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