By Greg Hunter’s USAWatchdog.com Dear CIGAs, Former bank regulator and Professor William Black says, “Apparently, regulators are much more sophisticated than we were because we had never thought of leaving felons in charge of our largest financial institutions.” Dr. Black contends, “This started with the first lie of the virgin crisis–that the banks are pure… Read more »
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Dear CIGAs, Economist John Williams says don’t be fooled by the new highs on the Dow. Williams contends, “The economy is still in serious trouble. The banking system is still in serious trouble. The budget deficit is exploding out of control.” Williams thinks the ongoing banking crisis in Cyprus has global implications. Williams says, “You… Read more »
By Greg Hunter’s USAWatchdog.com Dear CIGAs, Real Estate investor Fabian Calvo says, “Trust me; there are enough troubled assets for the Fed to be buying much more than $40 billion a month. . . It’s all about manipulation.” Calvo says, “In essence, they are creating another bubble. I believe in 24 to 48 months, they… Read more »
By Greg Hunter’s USAWatchdog.com Dear CIGAs, This past Sunday, CBS ran an op-ed segment on its morning show called, “Let’s give up on the Constitution.” It was written and delivered by Georgetown law professor Louis Michael Seidman. Professor Seidman gave a longer version of this in print at the end of 2012 in the New… Read more »
Greg Hunter’s USAWatchdog.com Dear CIGAs, Anybody who thinks the U.S. is in a so-called recovery isn’t listening to economist John Williams. He contends, “We haven’t had a recovery and we’re not about to have one, and it’s getting worse.” Williams says it’s because, “The consumer is in very serious trouble. . . . The average… Read more »
By Greg Hunter’s USAWatchdog.com Dear CIGAs, Financial analyst Karl Denninger says, “If you keep raising the debt ceiling willy nilly, you’re going to get downgraded.” Denninger thinks the latest talks in Washington will only kick the fiscal can down the road. He says, “The truth of what we have to do is still politically impossible.” … Read more »
By Greg Hunter’s USAWatchdog.com Dear CIGAs, Boston University Economics Professor Laurence Kotlikoff is worried about America’s dire financial situation. Dr. Kotlikoff says, “The situation is getting worse and worse and worse. We are running a massive six decade Ponzi scheme, and it’s coming to a real threatening point.” Dr.Kotlikoff calculates the real government deficit is… Read more »
Greg Hunter’s USAWatchdog.com Dear CIGAs, Financial expert, Catherine Austin Fitts, says the sudden turn to gun control in the face of mounting financial problems is no accident. Fitts contends, “Guns protect honest people. It’s a little scary, the timing of this, and I think a little bit obvious. Gun control is a way to take… Read more »