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Dateline: March 22, 2012

UGLY: House Price Index Misses Expectations With A Big Downward Revision To Last Month
No bottom yet. (Read Full Story)

This First-Generation American Learned A Hard Lesson About Homeownership
Not the American Dream. (Read Full Story)

Consumer Credit Is Now Growing At The Highest Rate In A Decade – Is It Unheathy And Unsustainable?
It’s coming around again… (Read Full Story)

Life, Liberty & All That Jazz…

Why Gold Can Go the Distance
Gold’s been knocked down lately, but several enduring factors have conditioned the yellow metal for an inevitable comeback. (Read Full Story)

Casey: The Ascendence of Sociopaths in US Governance
For those who can take up the life of an international man, it’s no longer just an interesting lifestyle decision. It has become, at a minimum, an asset saver, and it could be a life saver. (Read Full Story)

Dark Clouds for Gold Seem to Have Been Dispersed
According to a Bloomberg survey at a precious metals conference this week, gold is poised for a 21 percent gain in 2012, extending its bull… (Read Full Story)

Bernanke’s Take on the Gold Standard and the Conceit of Central Bankers
Ben Bernanke recently gave the first of four lectures to the poor kids of George Washington University, giving his version of how the Fed came into existence and what the Fed’s purpose is. He also gave his version about the gold standard. Is it a truthful recollection of events? (Read Full Story)

Broke city to auction off art
A Revolutionary War rifle, African-American sculptures and a Jesse James wanted poster are among the items troubled Harrisburg is selling in a bid to raise cash. (Read Full Story)

Stockton Woes Send A Message On Pension Reform
As one California city slogs toward bankruptcy, others may soon try to avoid the same fate by passing pension reforms — that is, if a pro-union state government will let them. The financial problems plaguing many of the nation’s cities are taking a particularly heavy … (Read Full Story)

Obama Plans Won’t Cut Oil Prices For Decades, If Ever
Whenever the subject of drilling comes up, Obama consistently discounts it as a way to lower oil prices. During his 2008 presidential run, for example, Obama blasted his … (Read Full Story)

Stories from the Great Depression

Feeding The Homeless BANNED In Major Cities All Over America
Zhe guvernmint vhill feed zhem mit zhe pink slime… (Read Full Story)

Did the SEC Facilitate the Fraud at MF Global?
We have seen many examples of the Fed hiding information and stonewalling legitimate disclosure of key financial information to ‘protect the system.’ The problem is that this merely serves to allow powerful insiders to game the system, and guarantee the system’s decline, while reform withers. (Read Full Story)

Rosenburg: This Is the ‘Weakest Recovery Ever’
Recent economic gains have been primarily illusory, driven by weather-related factors that are not sustainable! (Read Full Story)

Thursday, March 22nd, 2012 ➢ Double Eagle Headlines

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~ Quotables ~

"The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance." - Cicero - 55 BC