This video from The Common Sense Coalition tells in plain english what's wrong with America's mounting debt problem. Definitely worth watching and contrasting with both upcoming spectacles of the Republican and Democratic conventions: Unfortunately, it's a little light on the debt ... Read More
Archive for ‘Economy’
Tony Robbins, America’s top motivational speaker and one of the most perennially positive people, has uploaded several YouTube videos that warn about an impending economic collapse: At a London event on May 18, Robbins spoke about the importance of getting good ... Read More
A Greek tragedy is unfolding in Europe. There is no question that Greece is largely to blame for its own recklessness. But Greece could also be a preview of things to come in America, unless this nation can get its ... Read More
The Occupy Wall Street movement put the spotlight on the growing difference between the 1 percent and the rest of America. Is the United States becoming a more pronounced elite-driven culture, creating a society that resembles a new feudal system? ... Read More
When one mentions the middle class it immediately conjures up visions of Father Knows Best, The Brady Bunch or maybe even Everybody Loves Raymond. It’s one of manicured lanes, two-door garages and eat-in kitchens that carry the glamorous moniker of ... Read More
BLS reports this morning: But as “Tyler Durden” writes: Then Zero Hedge goes on to quantify our real unemployment rate, minus fudging: The BLS “harmonizes” its numbers by using an unrealistic labor force participation rate. So what is the real job deficit? Job losses ... Read More
There has been a lot of debate surrounding the issue of whether tax cuts encourage the rich to create jobs. Henry Blodget at Business Insider doesn’t think so. The popular argument goes that entrepreneurs and investors, incentivized by low taxes, ... Read More
The wealth gap between younger and older Americans is the widest on record, made wider by a prolonged economic downturn that has wiped out job opportunities for young adults and saddled them with housing and college debt. The Associated Press reports ... Read More
President Obama did not belong to the 1 percent in 2006 before entering presidential politics, but last year Obama earned between $1.8 million and $6.8 million, largely from book royalties. Do any of the presidential candidates belong to the 99 percent ... Read More
