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Congress Kills Your Investments

“No man’s life, liberty, or property [or the stock market] are safe when the legislature is in session.” — Judge Gideon Tucker, 1866 New York Circuit Court Blogger’s note: Mark Skousen has some interesting news for investors:  Did you know the congressional schedule can have a big effect on your stocks? Before your skepticism gets the [...]

The Real Reason Oil Prices Are So High

“Unfortunately, one of the biggest ‘culprits’ garnering much of the blame has been the oil speculators. Congress has decided to make them the scapegoat for our energy concerns, and unfortunately many under-educated members of the public are beginning to lap it up.” — Byron King by Byron King Baltimore [...]

Oil Prices and Stupid Legislation

“The latest attempt to pander to an increasingly emotional electorate is the slew of bills in Congress that aim to curb speculation in the energy markets.” — Marc Lichtenfeld, Senior Analyst, Smart Profits Report by Marc Lichtenfeld Baltimore – (TFN): Contrary to what many people might think, these guys are actually quite [...]

Oil Prices: Three moves to stop the price hikes

“Now, Congress has voted to stop adding oil to the national Strategic Petroleum Reserve (which was created in the 1970s to smooth out pricing disruptions and supply problems). Talk about missing the point!” — Keith Fitz-Gerald by Keith Fitz-Gerald, Money Morning Baltimore – (TFN): First there was the trillion-dollar pork fest [...]

Hyperinflation: Bernanke needs a dose of Volcker

“There has not been a chairman of the Federal Reserve Board with sound monetary instincts since Paul Volcker resigned in 1987.” — Lord William Rees-Mogg by Lord William Rees-Mogg Baltimore — (TFN): The American electoral system has never been designed to protect sound finance, and it has become more dangerous as the federal government and the Federal [...]

This Week’s Financial News: Bernanke takes to the tightrope, the carry trade’s in trouble and Christoph’s a Democrat

“Now that Congress is getting involved, we should see some decisive action, a clear and easy solution to eliminate the financial collapse now knocking on our doors… and if you believe that, I’ve got these great banking shares to sell you.” — Stephanie Grimmett by Stephanie Grimmett Here at Today’s Financial News, we spent the [...]

Congress in Action: At least Cuba looks good

“The island still has a long ways to go before freedom is declared, but this is a monumental step in the right direction.  Investors should take note.” - Andrew Snyder By Andrew Snyder Baltimore (TFN)– Something is not right here.  Cuba is looking more capitalistic than America.  While our government is chastising Big Oil for making money and [...]

Commodities Trading: An ethanol glut

"We’re on track to produce more ethanol than Congress wants. Between the planting seasons of 2007 and 2009, U.S. ethanol production is expected to overshoot by 8.3 billion gallons." — Sara Nunnally by Sara Nunnally Baltimore – (TFN): This chart shows projected ethanol production in the billions of gallons (the [...]

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