Economy, spending, and debt

“Poverty”

A local Richmond newspaper decided to give front-page coverage to the City of Richmond's "Anti-Poverty Commission."  I just wanted to take the time to point out a few important facts: The definition of "Poverty" used by the U.S. Census includes this gem: "The official poverty definition uses money income before taxes and does not include [...]

By |2013-01-21T18:36:04-05:00January 21st, 2013|Economy, Featured Categories|0 Comments

#TheRealJulia

The Democratic Congressional Campaign Committee sponsored a "resume drop" on the same day that a new, dismal jobs report came out. "The Real Julia" decided to include her resume in the drop, and it shows just a sample of how the Democrat's own failed policies are keeping people like Julia from getting jobs. Check out [...]

By |2013-01-08T20:36:57-05:00January 8th, 2013|Economy, Featured Categories|0 Comments

Your Tax Dollars Wasted Again – GM

Well, the auto industry bailout ended exactly as expected...total debacle. Remember how bailing out GM was an "investment"? Of course though, everyone realizes now that the bailout was simply a way to bailout the auto unions, and not to actually make GM more solvent. So here we are, several years later...and what do we get? [...]

By |2012-12-20T20:54:26-05:00December 20th, 2012|Economy, Featured Categories|0 Comments

Predictions

Everyone whom has ever posted anything on the internet has at some time posted their predictions.  Most of them are wrong.  Time will tell about mine. One thing I have learned is this: in spite of the facts on the ground historic high deficits that continue seemingly without end unsustainable debt loads at the federal, [...]

By |2013-12-19T21:46:14-05:00November 30th, 2012|Economy, Featured Categories|1 Comment

Beggars + burning embassies = failed leadership

She was there again this weekend. She must be in her late 40s, but her hair is neat, and her skin and teeth seem well cared for. She must be new to begging — that seems fairly obvious. Rather than meet the eyes of passing drivers, she keeps hers averted, looking down at the "Homeless, [...]

By |2012-09-24T22:05:18-04:00September 24th, 2012|Economy, Elections, Featured Categories, Government, Politics|0 Comments

"The Federal Reserve Is a Cartel" – G. Edward Griffin

G. Edward Griffin, author of "The Creature From Jekyll Island," discusses the Federal Reserve, the one-party political system, and how the Fed is used to skim wealth from the producers. http://www.youtube.com/watch?v=-X5ISQJEpV0&feature=player_embedded  

By |2012-09-17T22:29:19-04:00September 17th, 2012|Economy, Featured Categories, Federal Reserve, Media, Politics, Video|2 Comments

Funzies In The Silver Market

From Numismaster: London Squeeze Raises Silver Price (by Patrick A. Heller, 9-4-12) When the price of silver topped $30 about 10 days ago, demand on this exchange surged. The best information I have is that at least two purchases were made then, each in the range of 5-10 million ounces of silver. The sellers simply [...]

By |2012-09-09T20:31:28-04:00September 9th, 2012|Economy, Featured Categories|0 Comments

China, Germany plan to settle more trade in yuan, euros

Aug 30 (Reuters) - Germany and China plan to conduct an increasing amount of their trade in euros and yuan, the two nations said in a joint statement after talks between Chancellor Angela Merkel and Chinese Premier Wen Jiabao in Beijing on Thursday. Remember, Germany's the economic engine of Europe, and China is the economic [...]

By |2012-09-06T15:47:31-04:00September 6th, 2012|Economy, Featured Categories, Uncategorized|0 Comments

Really? Obama Better than Romney…on the Economy?

According to Rasmussen Reports, 44% of Americans trust Obama more on the economy than Romney.  Really?  REALLY?!? Under Obama’s administration, America’s credit rating was downgraded for the first time in America’s history.  As a result, the cost of borrowing increased.  For example, instead of borrowing, say, $100 BILLION from China at 2%, it will now [...]

By |2012-08-31T14:48:49-04:00August 31st, 2012|Economy, Featured Categories, Government|1 Comment

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