Unemployment for Taxes...

It appears the GOP and Obama will come to an agreement to extend the Bush tax cuts..GOP gives unemployment extension.

Google Gets Into the Book Business

Google launches new online book store, battle begins...

Off the People, For the People, Screw the People?

This Washington Post story begins by noting the financial crisis was far worth then thought...Really? Regardless, the people of America, who are fighting for jobs, struggling to pay bills was responsible for bailing out a motorcycle company, GE and lot, lot more...

Geoff Howie Talks China Market

Geoff Howie discusses the situation in China, along with some ideas of where and how to invest on CNBC...

Taking a Look at the Bailout...

Government opening the books on trillion bailout of banks...Federal Reserve opened the books on the bailout of banks around the world...WSJ

Silver Surge Continues

Silver price continues to surge upward and there is no ceiling in site...

Crisis Grows in Europe

The bank failure and subsequent bailouts continue to grow in Europe...

North Korean Attack Puts the World on Alert

South Korea and the world on alert after two Marines are killed in artillery attack. North Korea fired a volley of artillery rounds, killing two South Korean marines...Wall Street Journal

The FBI Raids Three Hedge Fund Offices...Wall Street Journal is reporting the offices of three hedge fund managers are being raided by the FBI...

Ireland follows Greece's lead...Portugal and Spain Next? Ireland is taking a bailout to save their banking system from collapse...

Few Business Start Ups=Fewer Jobs

Wall Street Journal reports there are few business start ups and even fewer jobs...What does this all mean for you?

Where is the Ceiling for Gold and Silver?

This seems to be the ongoing question. Is there a ceiling for the precious metals? Of course but nobody knows where that ceiling is.
Kitco Quotes...

GM Going Chinese?

It appears the Chinese have jumped into the auto market. Secondly, many of the investments houses receiving taxpayer money are players in the new GM.

GM IPO Goes on Sale...

Goldman Sachs Facing Criminal Investigation

Now Congress is preparing to open a criminal investigation into Goldman Sachs' mortgage investments. The entire situation is spiraling out of control. The government passed legislation, private investment firms took advantage, the system collapses and the private firms take the hit...

The entire situation is baffling and requires much more in-depth post.

Getting Started

I am going to try and keep this site updated. There are so many things going on in the world of economics and politics...The world around is changing rapidly and the wise investor must adjust and move forward...

Big Wall Street Boys Head to Congress

The Big Boys of Wall Street testified before congress yesterday and sheepishly admitted that yes, there is more regulation needed. Of course it is, isn't it boys?

What is the end result of government regulation? The answer is a tighter market, less competition and a death grip wrapped around one of America's symbols of freedom, the stock market. Presidents of such giants as Goldman Sachs are all for government regulation, if they were not does anyone really believe such actions would ever happen with ex-Goldman soldiers flooding the federal government?

As established giants of the business Goldman has the ability to offset the price of regulation, it is called passing down the expense. Goldman like all other giant investment companies simply add on the fees and pass them down to the individual investor, the regulation is meant to protect. Smaller investment firms are not so fortunate as the smaller revenue stream will not offset the cost of regulation.

In the meantime they develop ways around the rules, set up partnerships with the government (both of which make billions off the backs of the investor) and behave as expected, reckless with no consequences for actions. When the house of cards fall, they turn to the taxpayer, through the government and receive a bailout.

So, you see they act the role. Humble, sheepish and understanding, it is the role the American people seek and the one congress demands. In the end, the regulation will be passed, the market will continue to get squeezed and the next time these investment firms are in trouble, the words "they're critical to the American markets." will never be more true, because the next time the market will be even more monopolized because that's the way they want it.

Really?

There are times when I feel a sudden urge to pound my head up against the wall. This is one of them. The story below mentions how companies are afraid to hire because of the unknown direction of the government on such things as health care and taxes. This has been the case since last summer, when many wondered who would win the presidency and how would they govern. Many of those questions have been answered and most businesses do not like the direction.

READ ARTICLE>>>

China Becomes Largets Auto Market

China is now the world's largest auto market. They jumped over the United States as sales have soared in China and fallen off a cliff in the States. There are many factors that have gone  into this, but numbers indicate that Americans are unsure about the government control of GM and Chrysler as only Ford, who remains in private hands, did not suffer major sales drops.

READ STORY HERE>>>>>

Silver

Silver is steady at 18 plus per ounce. It is trying to hit 19 which it should, but unlike gold the climb is often much slower. However, silver will reach 20 at some point. The reason continues to be the high price, the unstable dollar and economic plan that continues pushing the national deficit higher and higher.

Silver is Da Man

Video from CNBC talks about silver and out pacing gold. We said on here back in November that silver was the way to go...That has not and will not change.

Been Awhile

Sorry I have been out so long, new protect going on that had to be done by the 1st. Now it is time to post again on this site. Not much has changed...Gold is still gold and silver is still the hot play, so get in.