Pure QE, Tax Increases and Spending Cuts, Obama Care Layoffs and More
Weekly news wrap-up for 12/14/12.
The Federal Reserve is now printing, out of thin air, $85 billion a month to prop up the banks and the U.S. government. Look for gold to continue to go up and the dollar to continue to lose buying power. The so-called “Fiscal Cliff” is looming, and neither side looks like it will give in enough to avoid mandatory tax increases and spending cuts. Syrian fighting continues with Russia and the U.S. arming both sides. There is no peace in sight. Join Greg Hunter from USAWatchdog.com as he gives his analysis of these stories and more in the Weekly News Wrap-Up.