Earthside Comments: Today Barack Obama gave a speech about the economy. Well, he knows we have a big problem and he says we need to make some big changes. Regretfully, mostly what Obama talked about were just updated versions of 1930s recovery programs. Now, truthfully, we do need to utilize some th...

Earthside Comments: The new Congress taking office today and the new president taking office in a couple of weeks are already demonstrating that they cannot lead. It doesn't take a lot of courage or vision to propose spending massive amounts of money to solve problems, especially if it is money borr...

Earthside Comments: We think you will find the following economic predictions quite interesting ... we start with Nouriel Roubini. Six of the eight, we believe, are pretty close to the mark about what to expect. What do you think? 8 Really, Really Scary Predictions | CNNMoney/FORTUNE Nouriel Roubini...

Earthside Comments: What we are seeing from Bush, Paulson and Bernanke -- and apparently from Obama and the Congressional Dimocrats -- is a belief that the current economic difficulties are just a more severe version of a downturn during the usual business cycle. Reality is that the problems are not...

Earthside Comments: A lot here to read and examine today ... but how often do you get to study the collapse of a major economy as it is happening? We simply have to say that while we will reserve judgement on Obama until after he has taken office, we are not pleased with the clues and indications he...

Earthside Comments: Though we have been forecasting the demise of our consumer economy for years now, it is still rather breath-taking to see it actually collapsing before our very eyes. The first news report here tells the tale in vivid colors -- the corporate elitists running the central governmen...

Earthside Comments: There is indeed much trouble brewing ... who knows how severely averge people and the government may react. We also, of course, couldn't agree with Roubini more: it is folly to believe any of the talking financial pundit heads on television who everyday are calling a "bottom" to ...

Earthside Comments: The inclusion of the three articles here is enough to make you want smack the wall with your are fist. First is the analysis by Al Lewis of what it is General Motors CEO Rick Wagnor thinks of himself ... leaving us to understand that Wagnor believes that we are all idiots. Unfort...

Earthside Comments: The possibility of a default on the debt run-up by the federal government of the United States actually is increasing. We were correct about this debt crisis when we started posting about it years ago ... we hope we are not right about this looming probability. By the way, this i...

Earthside Comments: Here is a report and an analysis on what is a bottomless sinkhole for borrowed, taxpayer-backed dollars. The first item, the news report is shocking ... or it would be if we didn't already know that we are being looted and robbed by the Federal Reserve and the bankrupt banking in...