The Kevin Trudeau Show: 2-2-13
Today, Kevin gives you even more proof that inflation is already here and that your standard of living is declining rapidly because of it.
Self Help:
Uncontaminated Meat
Further Your Education
Manifest Your Every Desire
The Only Answer To Cancer
Drop-Dead Gorgeous Hair Without The Side Effects
Health:
Health Risks Behind Drop-Dead Gorgeous Hair
School Lunches Around The World
Bad News For Meat Eaters
Jamie Oliver Shows How Much Sugar Is in Flavored Milk
Wealth:
10 Countries With The Most Billionaires
Everything Kevin:
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The Kevin Trudeau Show: 1-12-13
Today, Kevin gives you the solutions to your economic woes and explains why you absolutely cannot put a price tag on your health!
Self Help:
Inflation Cure
Stop Eating Tainted Meat
Voice Your Political Support
Safest Hair Products
Health:
Genetically Modified Cows Produce ‘Human’ Milk
More Recalls Over Salmonella Fears
Government:
We’ve Become a Nation of Takers, Not Makers
Bank Pays No Income Taxes; Receives $1 Billion from Taxpayers
The Top 10 Worst Tax Avoidance Corporations
G.E. Paid No Taxes in 2010
Inflation:
U.S. Companies Shrink Packages as Food Prices Rise
Everything Kevin:
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Support Kevin!
Kevin is on YouTube!
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Click below to watch the Kevin Trudeau Show!
The Creeping Cost of Consumer Inflation
April 10, 2012 by admin
Filed under News Stories
April 11, 2012
FedUpUsa
By Fed Up USA
There are unintended consequences when policy aims at depreciating a currency in favor of bolstering an ailing banking system. The Federal Reserve has been on a multi-decade mission to lower the value of the US dollar. The primary purpose of this mission is to inflate banks into solvency as they try to work their way out of the massive financial crisis. The amount of troubled real estate loans is still impressive when we look at the temporary sanctuary being provided by the Federal Reserve on their overloaded balance sheet. This luxury is not afforded to your common household and consequently many Americans are now facing higher and higher costs in items like energy even though demand is slightly lower. This occurs for a variety of reasons but a main driver is the declining purchasing power of the US dollar. This permeates over into the employment market that is largely being driven by lower wage positions. Inflation is creeping back into the economy.
Consumer inflation now edging back up
Since our economy is fantastically debt based and debt is the medium of exchange, more debt is likely to produce higher prices given the same amount of goods. Typically this equation is leveled at the money supply but our system is one in which debt rules supreme. While households are in the painful process of deleveraging, debt has increased overall because of banking bailouts but also government spending. For this, we are seeing consumer inflation pickup:
Obama Blames High Gas Prices On Iran
March 25, 2012 by admin
Filed under News Stories
March 26, 2012
USA Today
By David Jackson
“Obama is getting us ready with a war with Iran – now he is blaming them for high gas prices. Shouldn’t we be blaming companies like BP? Do they really need to be making all the money on in the world?” –KTRN
For all the domestic political talk about high gas prices, President Obama says one major factor can be traced overseas: Iran.
“Right now the key thing that is driving higher gas prices is actually the world’s oil markets and uncertainty about what’s going on in Iran and the Middle East,” Obama said in an interview with AAA. “And that’s adding a $20 or $30 premium to oil prices, and that affects obviously gas prices.”
Obama also cited Iran during his recent two-day western tour to discuss gas prices, and his “all-of-the-above” strategy that includes investment in new sources of energy.
“The main reason the gas prices are high right now is because people are worried about what’s happening with Iran,” Obama said in Oklahoma. “It doesn’t have to do with domestic oil production. It has to do with the oil markets looking and saying, you know what, if something happens there could be trouble and so we’re going to price oil higher just in case.”
One major worry: the prospect of an Israeli attack on Iran’s nuclear facilities, slowing the oil supply and spiking up prices even further.
Click here for the full report.
Shocking Report Says Water Bills to Triple Across USA
March 5, 2012 by admin
Filed under News Stories
March 5th, 2012
Natural News
By: J.D. Heyes
With wages stagnant or declining, gasoline and electricity prices on the rise and food prices steadily increasing, the last thing American families need is another increase in a basic necessity. Yet, a new report says that’s exactly what you’re going to get: Water bills that will likely double or triple over the next few years, thanks to the nation’s crumbling water system infrastructure.
A new study and report by the American Water Works Association (AWWA) entitled, Buried No Longer: Confronting America’s Water Infrastructure Challenge, improving and expanding the nation’s underground water systems will cost upwards of $1 trillion over the next 25 years. And, as is always the case, water system users are going to get soaked with the bill.
What does that mean in real dollars and cents? Right now the average family household pays about $400 a year. The fixes that are needed over the next quarter century mean that bills could rise anywhere from $300-$550 a year, meaning water bills could skyrocket to $900 a year or more.
Crumbling infrastructure
Experts will tell you that investing now, rather than later, is a good idea and cheaper in the long run. But that’s hard to swallow for wage earners whose incomes have been stuck in neutral or worse, declining for the past decade. Add to that a raft of new tax hikes and cuts in benefits, and hard-hit Americans are in no mood to fork out even more money in new fees and rate increases.
But that doesn’t change the fact that, without improvements, the nation’s supply and delivery of fresh drinking water is in peril. In fact, the AWWA believes spending to fix the pipes and other infrastructure is likely to rise from $13 billion a year today to $30 billion in 2040.
“Delaying the investment can result in degrading water service, increasing water service disruptions, and increasing expenditures for emergency repairs. Ultimately we will have to face the need to “catch up” with past deferred investments, and the more we delay the harder the job will be when the day of reckoning comes,” said the report.
Not all of the expense of this upgrade will come from higher water bills, though much of it will. Some communities, the report said, will be double-tapped, so to speak.
“Other communities will need to collect significant “impact” or development fees to meet the needs of a growing population. Numerous communities will need to invest for replacement and raise funds to accommodate growth at the same time. Investments that may be required to meet new standards for drinking water quality will add even more to the bill,” it said.
Higher prices for everything
Is this information new? Why, all of a sudden, is water infrastructure such a big concern? Well, nothing about this is new. In fact, the AWWA warned about the nation’s crumbling water infrastructure, and the need to replace, in a report 10 years ago.
“Like many of the roads, bridges, and other public assets on which the country relies, most of our buried drinking water infrastructure was built 50 or more years ago, in the post-World War II era of rapid demographic change and economic growth. In some older urban areas, many water mains have been in the ground for a century or longer,” the report said.
“Given its age, it comes as no surprise that a large proportion of US water infrastructure is approaching, or has already reached, the end of its useful life.”
As unemployment remains stubbornly high at about 9 percent, as gasoline prices rise to nearly $3.75 a gallon on average nationwide, and as wages continue to remain stagnant or decline, you and your family are about to take on another cost increase: higher water bills.
For The Full Report Go To Natural News
No Easy Fix for Gas Prices
March 4, 2012 by admin
Filed under News Stories
March 5, 2012
321 Energy
By Peter Schiff
This month, as unleaded gasoline prices increased for 17 consecutive days (to a national average of $3.647 per gallon – up 11% thus far this year) and West Texas Intermediate crude joined Brent crude in breaking through a $100 per barrel level, energy prices emerged as a full blown political issue. While President Obama conveniently claimed that rising prices were the consequence of an improving economy (they’re not, and it isn’t) Republican fingers began to point sanctimoniously at current drilling policies. And while none of the accusers had any idea why prices were actually going up, the award for the most dangerous ‘solution’ must go to Bill O’Reilly at Fox News. The master of the “No Spin Zone” announced that high pump prices could be permanently brought down by a presidential order to restrict exports of refined gasoline. Not only does Mr. O’Reilly’s idea demonstrate contempt for the U.S. Constitution but it also displays a thorough lack of economic understanding.
Oil and gas prices are high now for a very simple reason: the U.S. Federal Reserve has gone on an unapologetic campaign to push up inflation and push down the value of the U.S. dollar. Just last week on CNBC James Bullard, the President of the Federal Reserve Bank of St. Louis, stated this unequivocally. What is somewhat overlooked is the degree to which an inflationary policy at home creates inflation abroad. Many countries who peg their currencies to the U.S. dollar need to follow suit with the Fed. As China, for example, prints yuan to keep it from appreciating against the dollar, prices rise in China. This is especially true for commodities like crude oil.
Many critics, such as Mr. O’Reilly, have relied on a limited understanding of the supply/demand dynamic to question why gas prices are currently so high at home. With domestic gasoline production at a multi-year high and domestic demand at a multi-year low, he logically expects low prices. But he fails to grasp the fact that the price of gasoline is set internationally and that U.S. factors are only a component.
O’Reilly’s loudly proclaimed solution is to limit the ability of U.S. refiners (and drillers) to export production abroad. If the energy stays at home, he argues, the increased supply would push down prices. Although O’Reilly professes to be a believer in free markets he argues that oil (and gasoline by extension) is really a natural resource that doesn’t belong to the energy companies, but to the “folks” on Main Street. What good would “drill baby drill” do for us, he argues, if all the production is simply shipped to China?
First off, the U.S. government has no authority whatsoever to determine to whom a company may or may not sell. This concept should be absolutely clear to anyone with at least a casual allegiance to free markets. In particular, the U.S. Constitution makes it explicit that export duties are prohibited. Furthermore, energy extracted from the ground, and produced by a private enterprise, is no more a public good than a chest of drawers that has been manufactured from a tree that grows on U.S soil. Frankly, this point from Mr. O’Reilly comes straight out of the Marxist handbook and in many ways mirrors the sentiments that have been championed by the Occupy Wall Street movement. When such ideas come from the supposed “right,” we should be very concerned.
But apart from the Constitutional and ideological concerns, the idea simply makes no economic sense.
In 2011 the United States ran a trade deficit of $558 billion. For now at least America has been able to reap huge benefits from the willingness of foreign producers to export to the U.S. without equal amounts of imports. China supplies us with low priced consumer goods and Saudi Arabia sells us vast quantities of oil. In return they take U.S. IOUs. Without their largesse, domestic prices for consumers would be much higher. How long they will continue to extend credit is anybody’s guess, but shutting off the spigots of one of our most valuable exports won’t help.
In recent years petroleum has become an increasingly large component of U.S. exports, partially filling the void left by our manufacturing output. According to the IMF, the U.S. exported $10.3 billion of oil products in 2001. By 2011, this figure had jumped nearly seven fold to more than $70 billion. How would our trading partners respond if we decided to deny them our gasoline?
Keeping more gasoline at home could hold down prices temporarily, but how much better off would the “folks” be if all the prices of Chinese made goods at Wal-Mart suddenly went up, or if such products completely disappeared from our shelves because the Chinese government decided to ban exports that they declared “belonged to the Chinese people?” What would happen to the price of energy here if Saudi Arabia made a similar decision with respect to their oil?
But most importantly, limiting the ability of U.S. energy companies to export abroad will do absolutely nothing to improve the American economy. As a result of our diminished purchasing power, American demand for oil has declined in relation to the growing demand abroad. Consequently, we are buying a continually lower percentage of the world’s energy output. Consumers in emerging markets can now afford to buy some of the production that used to be snapped up by Americans. If U.S. suppliers were limited to domestic customers, then prices could drop temporarily. But what would happen then?
With the U.S. adopting a protectionist stance, and with gasoline prices in the U.S. lower than in other parts of the world, less overseas crude would be sent to American refineries. At the same time lower prices at home would constrict profits for domestic suppliers who would then scale back production (and lay off workers). The resulting decrease in supply would send prices right back up, potentially higher than before. The only change would be that we would have hamstrung one of our few viable industrial sectors. (For more about how diminishing supplies could exert upward pressures on a variety of energy products, please see the article in the latest edition of my Global Investor newsletter).
Click here for the full report.
I Was Right Again! Essential Items Prices Are Rising
September 1, 2011 by admin
Filed under News Stories
September 1st, 2011
Daily Mail
By: Becky Barrow
Every essential household bill including food, petrol, energy and rail fares is going up, official figures showed yesterday.
The increases are fuelling the inflationary surge and leaving millions of families struggling to cope.
Figures from the Office for National Statistics show the annual inflation rate hit 4.4 per cent in July – up from 4.2 per cent in June – and it is predicted to hit 5 per cent within months.
One analyst, Andrew Goodwin, senior economic adviser to the accountant Ernst & Young’s Item Club, warned: ‘This is really just the calm before the storm.’
Housing costs, and water, electricity and gas bills rose by 4.6 per cent on an annual basis, the highest increase in two years.
Food bills were 5.8 per cent higher than a year ago, while alcohol was up by 8 per cent on July last year.
Clothing increased by 4.2 per cent, the highest annual surge since records began in 1997.
To add to the pressure, Npower yesterday became the latest energy giant to hit its 6.5million customers with inflation-busting price rises.
UK MARKET RECOVERY CONTINUES DESPITE EUROZONE WOES
The London market clawed back its earlier losses today after better than expected data from the U.S. calmed fears caused by disappointing German growth.
The FTSE 100 Index had dropped as much as 85 points, or 1.5 per cent, in early trading after figures showed the German economy grew by just 0.1 per cent in the second quarter of 2011 – far below expectations of 0.5 per cent.
But the blue chip index staged a recovery to close up 7.1 points at 5357.6 after traders’ nerves were soothed by encouraging U.S. economic figures.
U.S. production jumped 0.9 per cent in July, which was above expectations of 0.5 per cent and up from June’s 0.2 per cent, after it was boosted by a stronger car sector.
There was more good news for the world’s biggest economy after ratings agency Fitch reaffirmed its triple ‘A’ rating, just days after a downgrade from Standard & Poor’s sparked a bloodbath on world markets.
But despite the U.S. data, fears remained about strength of the global recovery.
The German-owned giant said average gas bills will jump by 15.7 per cent and electricity by 7.2 per cent. Dual fuel will rise by an average of 12.2 per cent. The increase adds £141 on to a typical dual fuel customer’s annual bill, which rises from £1,149 to £1,290.
A typical worker in Britain earns £1,650 after tax every month, which means their dual fuel bill will wipe out nearly a month’s salary.
Only one of the six energy giants – EDF Energy – has not increased its prices, but it said yesterday that they are ‘constantly under review.’
Adam Scorer, a director of watchdog Consumer Focus, said Npower’s move is ‘hard to swallow for hard-pressed consumers’.
He said the price rises ‘defy all common sense’, particularly as wholesale prices are far below their peak.
The latest half-year results from Npower show it more than doubled its profits in the six months to June 30 from £135.2million to £309million.
Consumer Focus said around 2.7million people will be tipped into ‘fuel poverty’ as a result of the latest round of price rises by energy giants.
Those in fuel poverty have to spend more than 10 per cent of their income on energy bills to stay warm.
Click here for the full report from Daily Mail
The Kevin Trudeau Show: 6-24-11
Today, Kevin reveals what is really causing civil unrest and riots around the world and how the government is trying to crush free enterprise and anything that could empower YOU!!
Self Help:
Voice Your Support!
It’s Almost Here!!
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The Kevin Trudeau Show: 5-25-11
Today, pet expert, Dr. Geoffrey Broderick, stops by the show to explain how you can turn your pet’s health around and even double its lifespan! Plus, Kevin gives you his predictions about the economy!
Self Help:
Improve Your Pet’s Health
Wealth:
Oil Prices On The Rise
Home Prices Take Big Hit In 2010
Government:
Ex-Minister Says Gadhafi Ordered Lockerbie Bombing
Four Americans Captured by Pirates Killed
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The Kevin Trudeau Show: 5-5-11
Today, Kevin gives you the FACTS behind the Osama bin Laden death controversy and explains why you need to stop majoring in the minors and start majoring in the majors! Plus, Dr. Jeff McCombs stops by to tell you how Candida yeast overgrowth is affecting every possible aspect of your health and how you can cleanse your body of this hazardous fungus!
Everything Kevin:
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