Fomenting inflation to pay for war

Full Story Here
Western Bloc central banks and financial and investment corporations are locked into an inflationary dynamic in order to sustain their system’s militarist imperialism. The Bloc’s European and Pacific components offer supportive economic collaboration. In exchange, the US serves as the Bloc’s global enforcer.
The US Treasury, Federal Reserve and corporate financial houses work together [...]

Job-hopping Gen Yers aren’t disloyal. They’re smart

Full Story Here
For those of us who saw our elders give years — even decades — of service to major corporations, only to find themselves suddenly and unceremoniously jobless, corporate America often appears just as scary and unstable (and untrustworthy) as the world at large, if not more so.
And whether that’s a fair characterization or [...]

Never pay retail again

Full Story Here
Times are tough. The economy is weakening, consumer confidence is at a low and Americans are struggling just to buy basics like gas and groceries. So when it comes to getting goods that fall beyond the bare necessities, shoppers are getting smarter.
Not only has scouring the Web for the best possible price become [...]

How Can I Keep My Money from Slipping Away?

As with virtually all financial matters, the easiest way to be successful with a cash management program is to develop a systematic and disciplined approach.
By spending a few minutes each week to maintain your cash management program, you not only have the opportunity to enhance your current financial position, but you can save yourself [...]

Oil rises despite falling demand

Full Stroy Here
Oil prices moved higher Wednesday despite a stronger dollar and signs that U.S. demand for oil products is waning in light of a slumping economy and record prices.
Oil fell nearly $3 earlier in the day, but rebounded after Morgan Stanley’s co-head of global economics, Richard Berner, said crude prices could easily reach $150 [...]

How Much Retirement Will You Really Need?

Many people underestimate lifestyle costs, medical expenses and inflation.
What is enough? What is not enough? If you’re considering retiring in the near future, you’ve probably heard or read that you need about 70% of your end salary to live comfortably in retirement. This estimate is frequently repeated … but that doesn’t mean it is [...]

Weekly Economic Update for the Week of May 26, 2008

These views are those of Peter Montoya Inc., and not WealthStrong, and should not be construed as investment advice.

Quote of the week. “Love truth, and pardon error.” – Voltaire

A crude question. In the commodities market, analysts wondered: would oil supply keep up with oil demand? The Energy Department’s Energy Information Administration reported a 5-million-barrel reduction [...]

Ex-politicians urge EU action over financial crisis

Full Story Here
A group of more than a dozen former politicians has slammed financial markets regulation and called on European Union leaders to set up a high-level committee to analyse the financial crisis and organise a conference aimed at “rethinking the rules on international finance”.

First Quarter U.S. Home Prices Fall 3.1%

Full Story Here
U.S. house prices sank 3.1 percent in the first quarter from a year earlier, according to a government report, as buyers waited for values to stop falling.
Prices for previously owned single-family homes fell in 43 states, with values in California and Nevada tumbling more than 8 percent, the Office of Federal Housing Enterprise [...]

Millionaires in the Making – Military Style

Full Story Here
Matthew and Kristen met in 2004 while stationed at Ft. Bragg, and married a year and a half later. Now both 27, Matthew is training in Ft. Leonard Wood, Mo. to be a military police commander, while Kristen is training in Ft. Huachuca, Ariz. to be a military intelligence commander. Together they earn [...]