Economy, spending, and debt
Thousands of years ago the Egyptian pharaohs had people sacrifice their lives to build them pyramids...today, I think the way the 401(k)'s are now is actually a greater travesty than that. Click for Video
Nationwide, 18.2% of Americans so far in 2012 say there have been times when they could not afford the food they needed, on par with the 18.6% who had trouble affording food in 2011. (GallupWellbeing, by Alyssa Brown) Another sign that the economy is not recovering quickly enough: A significant number of Americans are still [...]
Republican candidate for President Mitt Romney today announced Congressman Paul Ryan of Wisconsin to be his vice-presidential running mate for the November election. From CNN: Richmond, Virginia (CNN) -- Mitt Romney on Saturday officially announced U.S. Rep. Paul Ryan of Wisconsin -- considered a rising Republican star and the party's leader on fiscal and budgetary [...]
See this great video from LearnLiberty.org. I highly recommend that you check out this site, as there's a plethora of good information there.
...while earning a cool $545,000.00 annually herself, tax free. From the UK's Daily Mail Online: IMF boss condemns the Greek for avoiding tax. But Christine Lagarde pays NOTHING on earnings of £350,000 Questioned about Greek crisis head of IMF said country can help itself collectively 'by paying all their tax' Suggests that IMF's money would [...]
Rick Santelli from CNBC lays out the staggering economic challenges ahead for today's young people...share this with the young adults in your lives. We HAVE to stop the out-of-control spending!
You can check out anytime you like, but you can never leave. Senators Unveil Ex-PATRIOT Act To Crack Down on Anyone Who Renounces Citizenship To Avoid Taxes WASHINGTON, DC- U.S. Senators Bob Casey (D-PA) and Charles E. Schumer (D-NY) unveiled a comprehensive plan to respond to those like Facebook co-founder Eduardo Saverin, who recently unleashed [...]
The Greek exit from the Eurozone, and from the Euro currency, is back on the table. Can the can be kicked down the road further still? Are we running out of road? Even his majesty Chief Keynesian Cheerleader Paul Krugman is admitting it: From Krugman's Blog: Some of us have been talking it over, and [...]
In a recent article, I pointed out that the election year cycle "rich-versus-poor" fight is being ramped up by the media in an effort to get people thinking once again in terms of "us-versus-them," "left-versus-right," etc, etc. PIMCO's El-Erian had this to say about income inequality: "The Federal Reserve and other central banks may have [...]
The election cycle is in full swing. Divide and conquer is the law of the land. If we can be divided, we can be kept in our conquered condition. Let class warfare reign supreme! Tired of hearing about President Obama’s proposed 30% minimum tax for millionaires, a.k.a. the Buffett rule, and fairness for the middle [...]
Gretchen Morgenson interviewed by Chris Martenson: 20 minutes. "Gretchen Morgenson: Wall Street Really Does Enjoy A Different Set of Rules Than The Rest of Us " The robo-signing scandal and the unsettled double standard it illustrates are discussed.
Something seems wrong with the way we measure inflation. According to the government’s standard measure, the Consumer Price Index (CPI), inflation is roughly the same as it’s been for many years—3.1 percent. But it seems much higher to anybody who shops at grocery stores, drug stores, or hardware stories, or fills up at gas stations, [...]
