NEW YORK (PNN) - August 15, 2013 - The Dow Jones industrial average shed about 1.5% - 225 points - on disappointing Wal-Mart earnings, news of job cuts at Cisco, weak economic reports, and a 2-year high in 10-year Treasury yield. The S&P 500 and NASDAQ composite were down by similar percentages.

Predicts 20% drop or more.

NEW YORK (PNN) - August 13, 2013 - He made the crash call ahead of the 2008 crash, and predicted the market turn-around in 2009  to the exact day on which it happened.

WASHINGTON (PNN) - August 12, 2013 - Employers around the country, from fast-food franchises to colleges, have said they will be cutting workers’ hours below 30 a week because they can’t afford to offer the health insurance mandated by the Affordable Care Act, also known as Obamacare.

WASHINGTON (PNN) - August 9, 2013 - Fascist Police States of Amerika wholesale inventories unexpectedly fell for a second straight month in June, prompting economists to trim their second-quarter economic growth estimates.

NEW YORK (PNN) - August 5, 2013 - Will rapidly rising interest rates rip through the Fascist Police States of Amerika financial system like a giant lawnmower blade? Yes, the FPSA economy survived much higher interest rates in the past, but at that time there were not hundreds of trillions of dollars worth of interest rate derivatives hanging over our financial system like a Sword of Damocles. Now a Mexican billionaire has come forward with a similar warning.

WASHINGTON (PNN) - July 28, 2013 - Four out of 5 Fascist Police States of Amerika adults struggle with joblessness, near-poverty or reliance on welfare for at least parts of their lives, a sign of deteriorating economic security and an elusive Amerikan dream.

WASHINGTON (PNN) - July 26, 2013 - The basic imbalance driving our economy is the government deficit, which spun out of control as a result of the Credit Crisis of 2008/9. But the sequester, improving tax base, lower interest rate, and elimination of stimulus spending have caused the big government deficit, while still extreme, to drop to half its previously nosebleed levels.