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Fear Of Power Crisis Looms As Countrywide Gas Cost Rises

Rush Limbaugh Sites Posted on March 27, 2011 by VicBilsMarch 27, 2011

The national average fuel price is all however certain to hit $4 a gallon by summer. The price of oil has been increasing due to lower oil production and exports in Libya and Middle Eastern countries affected by political unrest, … Continue reading →

Posted in Economy | Tagged hurricane katrina disaster, political unrest, price of gas, price of petroleum, saudi arabia, strategic petroleum reserve, us strategic petroleum reserve

Economic Health Shouldn't Be Measured By GDP

Rush Limbaugh Sites Posted on March 23, 2011 by VicBilsMarch 23, 2011

The outlook of Gross Domestic Product of the United States in 2011 has been downgraded to just a few percent. News reports often cite the GDP to explain the health of the economy. Economic growth, however, is far too complicated … Continue reading →

Posted in Economy | Tagged bureau of economic analysis, consumer price index, economic growth, economic recovery, gdp, gdp growth, household finances, private consumption, real gdp

Days of Rage, Oil Prices, and the Suez Canal

Rush Limbaugh Sites Posted on February 5, 2011 by VicBilsJune 24, 2011

Bloomberg warns today that an act of sabotage or a decision by a new regime – possibly headed up by the Muslim Brotherhood – to close the canal and its oil pipeline to punish supporters of Egyptian dictator Hosni Mubarak … Continue reading →

Posted in Economy | Tagged alaska pipeline, days of rage, global oil production, goldman sachs, muslim brotherhood

ATMs Crash Across The Country After “Bank Holiday” Warning

Rush Limbaugh Sites Posted on November 10, 2010 by VicBilsNovember 10, 2010

Following rumors of a “bank holiday” that could limit or prevent altogether cash withdrawals later this week, Twitter and other Internet forums were raging yesterday about numerous ATMs across the country that crashed in the early hours of Sunday morning, … Continue reading →

Posted in Economy | Tagged bank holiday, bank shutdown

Dollar Plunges

Rush Limbaugh Sites Posted on September 8, 2010 by VicBilsJune 24, 2011

Today the weak economic data is not prompting a flight-to-the-dollar. Today the weak economic data is causing dollar selling, because it's becoming crystal clear to folks, as ForexLive notes, that quantitative easing II is now a done deal. No more … Continue reading →

Posted in Economy | Tagged economic data, fed board, quantitative easing

The Dilemma For Wealth

Rush Limbaugh Sites Posted on August 31, 2010 by VicBilsAugust 31, 2010

The Case For Gold Although this article was written in January 2002, Meyer's points are even more relevant today. The subject of money is rarely discussed by the press or Wall Street, and it is not taught in school. But … Continue reading →

Posted in Economy | Tagged federal reserve, fiat currencies, fiat currency, financial assets, gold, honest money, money gold, real assets

Increase Taxes on the Rich… er, Middle Class

Rush Limbaugh Sites Posted on August 11, 2010 by VicBilsAugust 11, 2010

Without a doubt, President Obama has clearly targeted higher income earners for tax increases, but he has vowed to not impact other wage level earners. However, House Majority Leader Steny Hoyer, a Democrat from Maryland, says "that thinking may have … Continue reading →

Posted in Economy | Tagged defense spending, increase taxes, majority leader steny hoyer, steny hoyer

British Petroleum Losing One of its Smartest Guys

Rush Limbaugh Sites Posted on July 27, 2010 by VicBilsJuly 27, 2010

BP today announced that, by mutual agreement with the BP board, Tony Hayward is to step down as group chief executive with effect from October 1, 2010. This must be a real blow to BP to lose one if it's … Continue reading →

Posted in Economy, Opinion | Tagged bp, british petroleum, david sidwell, financial catastrophe, goldman sachs, lloyd blankfein, oil rig explosion, Tony Hayward

Silver Prices – Silver Value Today & Tomorrow

Rush Limbaugh Sites Posted on July 19, 2010 by VicBilsJuly 14, 2010

Silver value today is at a critical juncture in history. The current fundamentals of supply and demand are about to spur an explosion in silver prices after building pricing pressure over the last 60 years… and it's going to blow … Continue reading →

Posted in Economy | Tagged Economy, inflation, silver, Silver Snowball

A Cancer That will Destroy the Country from Within

Rush Limbaugh Sites Posted on July 14, 2010 by VicBilsJune 24, 2011

It's a story not being told by the mainstream media, but Erskine Bowles, President Obama's debt and deficit commission co-chair, offered an ominous assessment of the nation's fiscal future last Sunday, calling current budgetary trends a cancer "that will destroy … Continue reading →

Posted in Economy | Tagged debt, debt commission, erskine bowles, gold, mainstream media, silver, silver industry

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