The Federal Reserve held fast to its ultra-accommodative monetary policy Wednesday, solidified by what board members described as an economy weakened by fiscal policy. Interest rates will remain at historically low levels while the U.S. central bank will not alter its $85 billion a month asset purchasing program, the Fed's Open Markets Committee decided at this week's meeting. While recent meetings have bee ...

In a little under two minutes, Nigel Farage sums up the utter farce that “the religion” that Europe has become. He explains, his fear is that what will break up the Euro, “is not the economics of it, but wholesale, violent revolution,” in the Mediterranean, and that is “all so unnecessary!” Speaking at Simon Black’s Offshore Tactics workshop, the so-called modern day Cicero goes on to point out that France’ ...

In an analysis of the presidential diary and newspaper reports, the Government Accountability Institute found that Mr Obama has spent 976 hours since his January 2009 election on holiday and playing golf. In contrast, he has only spent 474.4 hours in economic meetings. "As a government watchdog group, we just tabulate the numbers and let others decide how to interpret them," said Peter Schweizer, president ...

The next Great Depression is already happening - it just hasn't reached the United States yet.  Things in Europe just continue to get worse and worse, and yet most people in the United States still don't get it.  All the time I have people ask me when the "economic collapse" is going to happen.  Well, for ages I have been warning that the next major wave of the ongoing economic collapse would begin in Europ ...

Don't mess with Texas. RT travels to the Republic of Texas and meets Texans who are proud of their heritage, embrace self-reliance and are ready to live by what they preach, even if it strays from the norms of mainstream American society. ...

If you don't own gold yet, you might really want to hurry up and get some. We keep saying it, but this time it's not just because physical precious metals are getting incredibly scarce. Purchasing gold may become outright illegal if what's going on in Connecticut is any indication. Even if Connecticut's plan to track all gold sales isn't a harbinger for a modern day Roosevelt-like ban on gold ownership, it ...

We are about to get an epic deluge of economic releases from around the world over the next three days, and we should learn a ton about the current state of the global economy.   It all starts tonight with South Korean exports at 8 PM ET. This data release is referred to as the "economic canary in the coal mine" because South Korea sends a lot of its exports to China, the health of which is critical to ...

The immigration bill introduced to the Senate a week and a half ago would, if passed, allow illegal immigrants to access state and local welfare benefits immediately, Breitbart News has learned. The financial impact of allowing potentially millions of immigrants onto state and local public assistance could overwhelm these programs' budgets. Senate Budget Committee ranking member Sen. Jeff Sessions (R-AL) un ...

“The United States is like the Titanic, and I’m here with the lifeboat trying to get people to leave the ship… I see a real financial crisis coming for the United States.” Peter Schiff August 2006 In 2006, when he faced off with many well known Titans of investing and warned of an impending financial disaster and economic collapse, Peter Schiff was laughed at by his colleagues. He urged Americans to exit fi ...

“The United States is like the Titanic, and I’m here with the lifeboat trying to get people to leave the ship… I see a real financial crisis coming for the United States.” Peter Schiff August 2006 In 2006, when he faced off with many well known Titans of investing and warned of an impending financial disaster and economic collapse, Peter Schiff was laughed at by his colleagues. He urged Americans to exit fi ...