There are signs of weakening. GDP growth figures are being revised downward. Consumers aren’t spending. Banks aren’t lending -- except to the federal government.

Economists are finally beginning to ask questions. How come the economy isn’t doing better? Why aren’t consumers spending? Why aren’t businesses hiring?

There are only three ways to get rid of an oil spill. You can mechanically remove it, chemically remove it, or burn it. They used all three methods. But not fast enough. The Obama administration dithered while Rome burned.

Bill Bonner still has little doubt that this market is headed down. Why?

Lawrence G. McMillan reviews the options market in his weekly column for August 13.

Eventually, the Fed probably will get the printing presses going. But not just because it is desperate to re-start the economy.

The Fed is in a trap of its own making. It doesn't really understand what is going on. It thinks there is a problem in the economy caused by consumers who are unwilling to spend.

The Fed has already shot off its monetary ammunition. It has been lending money without asking anything in return for the last two years. What else can it do?

After 18 months and $2.5 trillion in counter-cyclical budget deficits, people have begun to realize that the "recovery" is a flop.

State and local pension funds are drastically underfunded. What does this mean for us?