Blog Archives

Ron Paul Warns of Catastrophic 'Financial Crisis' That May Come Soon

ron paul warns

I think Ron Paul is absolutely right to warn CNBC of our next financial crisis. But I’m not sure the dollar is the bubble. Despite rising stock prices and a falling unemployment rate, the United States is on the brink

Posted in Economics, History, World News

Remember How Net Neutrality Wasn’t Going to Raise Prices? Yeah, Never Mind

net neutrality

During the net neutrality debate we saw a lot of criticism heaped on people like Senator Mike Lee and Ajit Pai, a Republican member of the FCC, when they warned that adopting these policies would raise prices for consumers. Politifact

Posted in Economics, Ethics, Government, Media, Technology

Obama Blames Poor Economy on ‘Insufficient Global Warming’

george will

Conservative icon George Will hit the Obama administration with not one, but two, haymakers during his time on Fox News Sunday discussing our languid economy. The first hit came when Will reminded viewers that this was now the second year

Posted in Economics, Environment

Economic Slump Overtakes Job Market; Record-High 93 Million Not Participating

unemployment line1

Following news the Federal Reserve Bank of Atlanta’s forecast of GDP growth dropped to zero April 1, the Bureau of Labor Statistics reported the number of Americans 16 years and older who did not participate in the labor force rose

Posted in Economics, unemployment

Report: College Debt Bubble Is Collapsing Now; 33% Of All Student Loans Are Delinquent

college debt

With all of that job creation being claimed by the Obama administration and disseminated by mainstream media outlets as signs of a sustained recovery you’d think most college graduates would have no trouble keeping up with their bills. But new

Posted in Economics, Education

Bono: 'Capitalism Takes More People Out of Poverty Than Aid'

bono1

U2 frontman Bono, who is also an investor, philanthropist, and Christian told students at Georgetown University that real economic growth, not government aid, is what lifts people and countries out of poverty long-term, emphasizing that “entrepreneurial capitalism” is the key

Posted in Economics, Email Featured, Entertainment

Feds Urge Banks to Call Cops on Customers Who Withdraw $5000 or More

cash in hand

The Justice Department is ordering bank employees to consider calling the cops on customers who withdraw $5,000 dollars or more, a chilling example of how the war on cash is intensifying. Banks are already required to file ‘suspicious activity reports’

Posted in Economics, Government

GOP Working on Deal to Increase the Deficit

national debt1

Republicans are ready to join Democrats and increase Medicare repayments in a way that will increase the deficit $130 billion in a decade. Is there some political manual somewhere that explains to elected officials that, if they are going to

Posted in Economics, Politics

Seattle Eateries Closing as $15 Minimum Wage Approaches

out of business

Last summer we talked about the rather faint hopes that some Seattle businesses were clinging to as the city moved toward jacking up their minimum wage (for some jobs) to $15.00 per hour. Employers – particularly in the restaurant industry

Posted in Business, Economics

Greece More Solvent Than US Says Expert Before Senate Budget Committee

kotlikoff

Professor Lawrence Kotlikoff of Boston University testified before the Senate Budget Committee. As usual, his testimony is shocking The U.S. has a $210 trillion “fiscal gap” and “may well be in worse fiscal shape than any developed country, including Greece,”

Posted in Economics

Mark Cuban Predicts Student Debt Crisis to Cause College Implosions

cuban

After 114 years, Sweet Briar College revealed this week that it would close after the spring 2015 semester, an abrupt announcement that shocked students, alumni, and many people active in higher education. One person not surprised by Sweet Briar’s news

Posted in Economics, Education

Scott Walker – We Must Think More About Future Generations Than Ourselves

scott walker

Wow. Conservatives really like Scott Walker right now. The Governor of Wisconsin entered to speak just moments after a heated debate about the legalization of marijuana that fractured the usually united group of conservatives at CPAC, and he quickly healed

Posted in 2016 Election, Culture, Economics

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