25 April 2013
Starting in July the U.S. Bureau of Economic Analysis will recalculate U.S. Economic GDP data to include film royalties and spending on research and development. These changes are coming at a convenient time as the U.S. bubble economy is showing signs of once again having reached a point of no further growth, despite all the [...]
Posted in Consumer Spending, Economic DataComments (0)
14 March 2012
There is a big misconception in the United States and around the world that the Economy of the United States is free market capitalist. To believe that the United States has a free market economy is utterly naive and ignorant of economic facts. The interest rates are not a result of demand, supply, and risk [...]
Posted in Bailout, Consumer Spending, Economic Data, PoliticsComments (3)
05 March 2012
Within the last twelve months, Fox News ended the relationship with two of its political television show hosts. Last year Fox and Glenn Beck parted ways and earlier this month Judge Napolitano and his Freedom Watch show were cancelled by Fox. The Business Insider reported on February 13: “It was announced earlier in the week [...]
Posted in PoliticsComments (1)
01 March 2012
Ron Paul, who is one of four remaining GOP candidates running for President, has returned to Washington D.C. to address Ben Bernanke of the Federal Reserve System. Inflation, budgets, deficits, and the US Dollar currency were topics discussed at the hearing of the House Financial Services Committee. Ron Paul consistently criticized the anti-free market US Financial and Monetary system [...]
Posted in Politics, US DollarComments (0)
23 February 2012
The Republicans have debated once again. Among all Republican candidates who are running for the Republican Nomination to face President Obama in the upcoming elections, there is only one who stands out as a true fiscal conservative. There is only one nominee who has a track record of voting consistently against the growth and spending [...]
Posted in PoliticsComments (0)
12 February 2012
The largest police union in Greece has threatened to issue arrest warrants for officials of EU Nations and those of the International Monetary Fund (IMF). The police union threatened to issue those arrest warrants as much of the population is at unrest due to the very unpopular austerity measures that the IMF and officials of [...]
Posted in Bailout, PoliticsComments (1)
26 January 2012
Newt Gingrich, who served as Speaker of the House from 1995 to 1999, is one of the front runners in the Republican Primaries for the 2012 Presidential Nomination. As a Republican, he is following the hypocrisy of the many GOP party members who claim to support small government, free markets, balanced budgets, and personal freedoms [...]
Posted in Bailout, PoliticsComments (0)
16 January 2012
Official data from the People’s Bank of China shows the reduction of reserves to $3.18 trillion for the final quarter of 2011. This is a 0.6% negative growth rate for the last quarter of the year and the weakest quarterly data since Spring of 2009. It should come as no surprise that manufacturing output is [...]
Posted in US DollarComments (0)
28 December 2011
To readers of WTF Finance it should come as no surprise that Bank of America is in dire straits. We already reported in our articles “Bankrupt Property Management Company Ran An Accounting Scheme” and “Inside The Bubble Economy” that BAC is running an accounting scam to keep it’s mismanaged company afloat. The fact is that [...]
Posted in Bailout, BanksComments (1)
18 December 2011
While the hypocritical right and the left agree that expansion of government is the solution, comedian Goerge Carlin (RIP) never held back and spoke the truth. George Carlin understood that the media and education system are used to sway public opinion and that laws and regulation are put in place by the powerful corporations, with [...]
Posted in Bailout, PoliticsComments (0)
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