California IOUs – One Step Closer To The Brink And About To Break

California IOUs are beginning to infringe on the Federal Reserve’s exclusive monopoly regarding legal tender fiat currency. On 23 August 2010 California bill A.B 1506 passed 9-0 and contains a provision that “a state agency shall accept from a person or entity a registered warrant issued by the Controller that is endorsed by that . . . → Read More: California IOUs – One Step Closer To The Brink And About To Break

Economic Events on September 2, 2010

The monthly Chain Store Sales report will be released today.  This report on sales in chain stores gives a look at the health of stores that make up about 10% of all retail sales.

The Monster Employment Index for August was released today, and the index moved down 2 points to a value of . . . → Read More: Economic Events on September 2, 2010