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Prophets Of Doom: 12 Shocking Quotes From Insiders About The Horrific Economic Crisis That Is Almost Here

Prophets Of Doom: 12 Shocking Quotes From Insiders About The Horrific Economic Crisis That Is Almost Here

"....A major financial collapse in Europe would just accelerate our plunge into a new economic crisis...."

We are getting so close to a financial collapse in Europe that you can almost hear the debt bubbles popping. All across the western world, governments and major banks are rapidly becoming ...

Read more: Prophets Of Doom: 12 Shocking Quotes From Insiders About The Horrific Economic Crisis That Is Almost Here

Reads: 886

17 Facts That Prove That The Average American Family Is Getting Absolutely Pulverized By This Economy

How in the world does the average American family survive in this economy?  The median household income is a little bit less than $50,000 a year right now.  So let's call that about $4000 a month.  But before any of that money gets spent, you have to take out at least $1000 in ...

Read more: 17 Facts That Prove That The Average American Family Is Getting Absolutely Pulverized By This Economy

Reads: 988

The Fed's Long Shot

The Fed's Long Shot

Last week the Fed announced "Operation Twist," in which the central bank will buy $400 billion of longer-dated Treasury securities while selling the same amount of shorter-dated Treasuries. This episode epitomizes everything that is wrong with the modern, statist view of money.

The Goofy Name

Just ...

Read more: The Fed's Long Shot

Reads: 465

Who Benefited from Job Growth In Texas?

Who Benefited from Job Growth In Texas?

A Look at Employment Gains for Immigrants and the Native-Born, 2007 to 2011

Governor Rick Perry (R-Texas) has pointed to job growth in Texas during the current economic downturn as one of his main accomplishments. But analysis of Current Population Survey (CPS) data collected by the Census Bureau ...

Read more: Who Benefited from Job Growth In Texas?

Reads: 1050

Twenty Reasons Why Young Americans are Mad as Hell: Its the Economy Stupid!l

Twenty Reasons Why Young Americans are Mad as Hell: Its the Economy Stupid!l

The Mad As Hell Generation: 20 Reasons Why Millions Of Americans Under The Age Of 30 Are Giving Up On The U.S. Economy

Millions upon millions of young Americans have completely lost faith in the U.S. economy and are mad as hell that their economic futures have been destroyed. 

The recent ...

Read more: Twenty Reasons Why Young Americans are Mad as Hell: Its the Economy Stupid!l

Reads: 777

The Federal Reserve Plans To Identify "Key Bloggers" And Monitor Billions Of Conversations

The Federal Reserve Plans To Identify

The Federal Reserve Plans To Identify "Key Bloggers" And Monitor Billions Of Conversations About The Fed On Facebook, Twitter, Forums And Blogs

The Federal Reserve wants to know what you are saying about it.  In fact, the Federal Reserve has announced plansto identify "key bloggers" and to ...

Read more: The Federal Reserve Plans To Identify "Key Bloggers" And Monitor Billions Of Conversations

Reads: 3946

Is The U.S. Government Stockpiling Food In Anticipation Of A Major Economic Crisis?

Is The U.S. Government Stockpiling Food In Anticipation Of A Major Economic Crisis?

Is the U.S. government stockpiling huge amounts of food and supplies in anticipation that something bad is about to happen?  Is something about to cause a major economic crisis that will require large quantities of emergency food?  For a while, I have been hearing things about the ...

Read more: Is The U.S. Government Stockpiling Food In Anticipation Of A Major Economic Crisis?

Reads: 1171

Blame Republicans for the Depression

Blame Republicans for the Depression

Two fresh news items arrive to remind us again how extreme today's Republican Party is in both its policies and its tactics. If on this point I'm getting to sound like a broken record (when will we have to retire that metaphor?), sorry, but I'm not the one who cracked the vinyl. So I'll tell it and ...

Read more: Blame Republicans for the Depression

Reads: 692

Government as a Venture Capitalist

Government as a Venture Capitalist

In January 2009, the administration claimed that if Congress passed a rush stimulus bill, the United States would be saved from economic catastrophe that was threatening to send unemployment figures above 8 percent. Government stimulus was the answer and if we cared about our country, we would set ...

Read more: Government as a Venture Capitalist

Reads: 448

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