US is sending 10,000 troops to Haiti. Is there oil there too?

The US is sending 10,000 troops to Haiti. A recent 20 billion barrel oil discovery puts Cuba in the big league of oil producing nations. Since we have troops everywhere else on the planet where oil can be found (except for Russia), including the recent opening of seven new military bases in Colombia near the […]

The Looming World-wide Food Shortage.

This is a must read for anyone who cares about what is about to hit our already beleaguered world economies. I will warn you, this is pretty scary stuff.
http://www.marketskeptics.com
I was going to write on this topic myself, but decided this web blog from marketskeptics.com did as good a job on this subject as could be […]

Only Dealership In Detroit Closes

I never in my life thought I would see this day. Dalgleish Cadillac, located at 6160 Cass Ave. in Detroit has been told by General Motors they will be closed as part of their restructuring. This is the last automobile dealership left in Detroit. Here is the link:
http://www.clickondetroit.com/news/21676874/detail.html
Clayton

Fears of hunger are becoming more obvious.

My greatest fear this winter is a worldwide famine. Here are a few articles that I have read that are pointing this out more and more.
http://www.philly.com
“America is hungry and getting hungrier, with 49 million people - 17 million of them children - last year unable to consistently get enough food to eat, according to a […]

HOW IMMIGRATION AND MULTICULURALISM DESTROYED DETROIT

I am a native born Detroiter who moved away long ago. This stuff tears my heart out:
http://www.newswithviews.com/Wooldridge/frosty506.htm
“If Detroit had been savaged by a hurricane and submerged by a ravenous flood, we’d know a lot more about it,” said Daniel Okrent. “If drought and carelessness had spread brush fires across the city, we’d see it on […]

US May Face ‘Armageddon’ If China, Japan Don’t Buy Debt

“The US is too dependent on Japan and China buying up the country’s debt and could face severe economic problems if that stops, Tiger Management founder and chairman Julian Robertson told CNBC.”
“If the Chinese and Japanese stop buying our bonds, we could easily see [inflation] go to 15 to 20 percent,” he said. “It’s […]

Financing Failure

The government has now given Freddie Mac and Fannie Mae the green light to refinance homes at up to 125% of their value.  This policy is simply incredible.  The government, through these two quasi-governmental organizations, is re-creating the circumstances that have caused hundreds of thousands of Americans to walk away from their homes, mailing their […]

The Price of Diamonds

I have always found that the price of diamonds is really a good indicator of how the US economy is doing. Diamonds are items that most people can forgo during bad times unless you are a jeweler or have industrial uses for them. Because I have a daughter getting married soon and since I have […]

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